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a day ago
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Is First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) a Strong ETF Right Now?
The First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) was launched on 02/08/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Growth category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns. Managed by First Trust Advisors, QQXT has amassed assets over $1.09 billion, making it one of the average sized ETFs in the Style Box - Large Cap Growth. This particular fund, before fees and expenses, seeks to match the performance of the NASDAQ-100 Ex-Tech Sector Index. The NASDAQ-100 Ex-Tech Sector Index is an equal-weighted index based on the securities of the NASDAQ-100 Index that are not classified as technology and, as a result, is a subset of the NASDAQ-100 Index. The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on NASDAQ based on market capitalization. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Operating expenses on an annual basis are 0.60% for QQXT, making it one of the more expensive products in the space. The fund has a 12-month trailing dividend yield of 0.85%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Industrials sector - about 19.9% of the portfolio. Healthcare and Consumer Discretionary round out the top three. Looking at individual holdings, Netflix, Inc. (NFLX) accounts for about 2.13% of total assets, followed by Tesla, Inc. (TSLA) and Copart, Inc. (CPRT). The top 10 holdings account for about 20.04% of total assets under management. Year-to-date, the First Trust NASDAQ-100 Ex-Technology Sector ETF has added about 3.67% so far, and is up roughly 9.74% over the last 12 months (as of 06/20/2025). QQXT has traded between $84.34 and $99.49 in this past 52-week period. QQXT has a beta of 0.94 and standard deviation of 16.46% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 57 holdings, it effectively diversifies company-specific risk . First Trust NASDAQ-100 Ex-Technology Sector ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider. Vanguard Growth ETF (VUG) tracks CRSP U.S. Large Cap Growth Index and the Invesco QQQ (QQQ) tracks NASDAQ-100 Index. Vanguard Growth ETF has $167.44 billion in assets, Invesco QQQ has $338.42 billion. VUG has an expense ratio of 0.04% and QQQ changes 0.20%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Growth To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
2 days ago
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Should First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) Be on Your Investing Radar?
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT), a passively managed exchange traded fund launched on 02/08/2007. The fund is sponsored by First Trust Advisors. It has amassed assets over $1.09 billion, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market. Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Further, growth stocks have a higher level of volatility associated with them. Compared to value stocks, growth stocks are a safer bet in a strong bull market, but don't perform as strongly in almost all other financial environments. Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.60%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 0.85%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector--about 20% of the portfolio. Healthcare and Consumer Discretionary round out the top three. Looking at individual holdings, Netflix, Inc. (NFLX) accounts for about 2.13% of total assets, followed by Tesla, Inc. (TSLA) and Copart, Inc. (CPRT). The top 10 holdings account for about 20.04% of total assets under management. QQXT seeks to match the performance of the NASDAQ-100 Ex-Tech Sector Index before fees and expenses. The NASDAQ-100 Ex-Tech Sector Index is an equal-weighted index based on the securities of the NASDAQ-100 Index that are not classified as technology and, as a result, is a subset of the NASDAQ-100 Index. The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on NASDAQ based on market capitalization. The ETF return is roughly 3.67% so far this year and is up about 9.74% in the last one year (as of 06/19/2025). In the past 52-week period, it has traded between $84.34 and $99.49. The ETF has a beta of 0.94 and standard deviation of 16.47% for the trailing three-year period, making it a medium risk choice in the space. With about 57 holdings, it effectively diversifies company-specific risk. First Trust NASDAQ-100 Ex-Technology Sector ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, QQXT is a reasonable option for those seeking exposure to the Style Box - Large Cap Growth area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Growth ETF (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Growth ETF has $167.44 billion in assets, Invesco QQQ has $339.37 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT): ETF Research Reports Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Copart, Inc. (CPRT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
11-06-2025
- Business
- Yahoo
High Growth US Tech Stocks To Watch In June 2025
The United States market has shown a positive trend, rising 1.3% over the last week and up 13% over the past year, with earnings anticipated to grow by 14% annually in the coming years. In this environment, identifying high-growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability within their sectors. Name Revenue Growth Earnings Growth Growth Rating Super Micro Computer 26.38% 39.09% ★★★★★★ Mereo BioPharma Group 53.63% 66.57% ★★★★★★ Ardelyx 20.78% 59.46% ★★★★★★ Travere Therapeutics 26.41% 64.47% ★★★★★★ TG Therapeutics 26.46% 38.75% ★★★★★★ AVITA Medical 27.18% 60.67% ★★★★★★ Alkami Technology 20.54% 76.67% ★★★★★★ Alnylam Pharmaceuticals 23.64% 60.71% ★★★★★★ Ascendis Pharma 35.14% 60.18% ★★★★★★ Lumentum Holdings 22.86% 103.97% ★★★★★★ Click here to see the full list of 230 stocks from our US High Growth Tech and AI Stocks screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Shopify Inc. is a commerce technology company that offers tools for businesses of all sizes to start, scale, market, and operate across various regions globally, with a market cap of $143.05 billion. Operations: Shopify generates revenue primarily from its Internet Software & Services segment, amounting to $9.38 billion. The company operates across multiple regions, providing technology solutions for businesses to manage and grow their operations. Shopify, recently added to the NASDAQ-100 Index, has shown a robust performance with significant strategic partnerships enhancing its e-commerce platform. The company's revenue growth at 17.3% annually outpaces the US market average of 8.6%, and earnings are expected to surge by 21.1% per year. Recent alliances, like with Sovos for automated sales tax filings and Manhattan Associates for improved order management, underscore Shopify's commitment to streamlining merchant operations and expanding service offerings. Despite facing legal challenges from Sezzle alleging anticompetitive practices, Shopify continues to innovate; notably integrating to boost its enterprise-grade promotions capabilities—indicative of its aggressive expansion in high-growth tech sectors. Click here and access our complete health analysis report to understand the dynamics of Shopify. Understand Shopify's track record by examining our Past report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Sandisk Corporation is a company that specializes in the development, manufacturing, and sale of data storage devices and solutions utilizing NAND flash technology across various regions worldwide, with a market capitalization of approximately $6.08 billion. Operations: Sandisk focuses on the development, manufacturing, and sale of data storage devices using NAND flash technology. The company's primary revenue stream comes from its Computer Storage Devices segment, generating $7.21 billion. Sandisk, amidst a volatile market, has demonstrated resilience with a revenue increase of 10.7% over the past year and an impressive forecast for earnings growth at 108.72% annually. Recent strategic moves include a substantial follow-on equity offering raising $713.58 million, positioning it well for future expansions despite recent impairment charges of $1.83 billion in goodwill reflecting cautious market conditions. These financial maneuvers underscore Sandisk's proactive approach in navigating tech sector challenges while gearing up for profitability, anticipated robustly within the next three years. Delve into the full analysis health report here for a deeper understanding of Sandisk. Assess Sandisk's past performance with our detailed historical performance reports. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Synopsys, Inc. specializes in electronic design automation software for designing and testing integrated circuits, with a market capitalization of $78.26 billion. Operations: The company generates revenue primarily from two segments: Design IP, contributing $1.90 billion, and Design Automation, accounting for $4.32 billion. Synopsys, a leader in silicon-to-systems design solutions, is making significant strides in the tech sector with its recent collaboration with Plug and Play Semiconductors. This partnership aims to democratize access to advanced design tools for startups, potentially accelerating chip innovation and reducing entry barriers. In a notable development on June 5, 2025, Synopsys also partnered with Keysight Technologies to introduce an AI-powered RF design migration flow, enhancing wireless circuit designs' efficiency and speed. These initiatives not only strengthen Synopsys's position in semiconductor innovation but also highlight its commitment to integrating AI technologies to streamline processes and boost productivity within the industry. Get an in-depth perspective on Synopsys' performance by reading our health report here. Gain insights into Synopsys' historical performance by reviewing our past performance report. Access the full spectrum of 230 US High Growth Tech and AI Stocks by clicking on this link. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SHOP SNDK and SNPS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
20-05-2025
- Business
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Shopify (NasdaqGS:SHOP) Added To NASDAQ-100 Index Following Positive Developments
Shopify recently gained attention with its addition to the NASDAQ-100 Index on May 19, a move that likely bolstered its standing among investors. Over the past month, the company's shares rose by about 30%, a significant contrast to the broader market's smaller growth. This jump was potentially influenced further by a strategic three-year partnership with Global-e Online, announced in mid-May, which aims to enhance international e-commerce operations. Despite a reported net loss in financial performance, these strategic moves seemed to reinforce investor confidence, contributing to the company's robust share price growth. You should learn about the 2 warning signs we've spotted with Shopify. AI is about to change healthcare. These 21 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. The addition of Shopify to the NASDAQ-100, alongside its new alliance with Global-e Online, might serve as a crucial catalyst for its broader growth strategy. Despite recent gains, Shopify's share value stands at a discount of 5.08% to the consensus price target of US$114.64. This relationship implies potential upside, should the strategic developments bolster their revenue and earnings forecasts effectively. Investors appear to be supportive of the initiatives aiming to enhance international e-commerce operations and expand Shopify's influence in the global market. Over the past three years, Shopify's total return was very large, indicating a robust long-term performance despite recent volatility. For context, this impressive growth contrasts with a more recent one-year performance where Shopify outperformed the US IT industry, which grew by 28.9%. This trend highlights Shopify's capacity to sustain momentum amidst competitive market pressures. The revenue and earnings forecasts reflect expansion ambitions, projecting annual growth rates exceeding US market averages. However, these optimistic forecasts depend on successful execution of initiatives like AI investments and broader strategic partnerships. Aligning these outcomes with the current price target suggests that despite the company's aggressive growth objectives, investor expectations remain tempered by potential execution risks. Gain insights into Shopify's outlook and expected performance with our report on the company's earnings estimates. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:SHOP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
15-05-2025
- Business
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Should Invesco QQQ (QQQ) Be on Your Investing Radar?
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the Invesco QQQ (QQQ), a passively managed exchange traded fund launched on 03/10/1999. The fund is sponsored by Invesco. It has amassed assets over $323.52 billion, making it the largest ETFs attempting to match the Large Cap Growth segment of the US equity market. Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. While growth stocks do boast higher than average sales and earnings growth rates, and they are expected to grow faster than the wider market, investors should note these kinds of stocks have higher valuations. Also, growth stocks are a type of equity that carries more risk compared to others. They are likely to outperform value stocks in strong bull markets but over the longer-term, value stocks have delivered better returns than growth stocks in almost all markets. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.20%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 0.58%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 51.30% of the portfolio. Telecom and Consumer Discretionary round out the top three. Looking at individual holdings, Apple Inc (AAPL) accounts for about 8.49% of total assets, followed by Microsoft Corp (MSFT) and Nvidia Corp (NVDA). The top 10 holdings account for about 48.47% of total assets under management. QQQ seeks to match the performance of the NASDAQ-100 Index before fees and expenses. The Nasdaq-100 Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The ETF has gained about 1.60% so far this year and is up about 16.98% in the last one year (as of 05/15/2025). In the past 52-week period, it has traded between $416.06 and $539.52. The ETF has a beta of 1.17 and standard deviation of 23.44% for the trailing three-year period, making it a medium risk choice in the space. With about 101 holdings, it effectively diversifies company-specific risk. Invesco QQQ carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, QQQ is a sufficient option for those seeking exposure to the Style Box - Large Cap Growth area of the market. Investors might also want to consider some other ETF options in the space. The iShares Russell 1000 Growth ETF (IWF) and the Vanguard Growth ETF (VUG) track a similar index. While iShares Russell 1000 Growth ETF has $106.03 billion in assets, Vanguard Growth ETF has $163.72 billion. IWF has an expense ratio of 0.19% and VUG charges 0.04%. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco QQQ (QQQ): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report iShares Russell 1000 Growth ETF (IWF): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
