First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is a equal-weight ETF. As of October 9, 2026, ETF Copilot scores QQXT 5.2 out of 10 — highest on Risk (8.2), lowest on Return (2.7). It trades at 24.1 times earnings, against its own median of 24.3. Its ten largest holdings are 21% of the fund.
What stands out in QQXT's data
Nasdaq-100 non-tech companies, held in equal weights.
Priced higher than the typical equal-weight peer — you pay a premium for this particular basket.
Trailing P/E multiple of 24.1x sits above the peer median of 21.4x. The fund holds 55 stocks and earns a return on equity of 24.5%.
An equal-weight tilt away from tech within a Nasdaq-100 portfolio.
Why did QQXT move this week? It rose 2.4% in the week to October 9, 2026 — Moderna and Constellation Energy drove it
QQXT rose 2.4% in the week to October 9, 2026. The holdings that moved it most were Moderna (+18.4%), Constellation Energy (+15.8%) and MercadoLibre (+11.4%); T-Mobile US (−9.2%) pushed the other way.
How is QQXT rated? ETF Copilot scores First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) 5.2 out of 10
As of October 9, 2026, ETF Copilot scores First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) 5.2 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.2 / 10
- Growth: 5.4 / 10
- Value: 6.8 / 10
- Risk: 8.2 / 10
- Quality: 4.2 / 10
- Return: 2.7 / 10
Is QQXT expensive right now? It trades at 24.1 times earnings, against its own median of 24.3
As of October 9, 2026, QQXT is cheaper than 55% of its own last 9 years.
Trailing 12 months, built from QQXT's holdings. How we calculate this →
What's inside QQXT?
What's inside QQXT: Size (Large 97%, Mid 3%, Small 0%); Geography (International 7%, US 93%); Tech 5.9%; Magnificent 7 3.8%; AI 0.9%.
What are QQXT's top holdings? The ten largest are 21% of the fund
Lumentum, Space Exploration Technologies, Moderna, Intuitive Surgical, Rocket LAB, Marriott International, Walmart, PayPal, Cisco Systems and Constellation Energy are QQXT's largest holdings, in that order.
More concentrated than 81% of Equal Weight ETFs.
Half of QQXT's weight sits in its 26 largest positions, and once those weights are taken into account it behaves like 55 equally weighted holdings.
What is QQXT's expense ratio? 0.57% a year
As of October 9, 2026, QQXT charges 0.57% a year, yields 1.29% and holds $141M in assets across 55 positions.
| Measure | QQXT |
|---|---|
| Expense ratio | 0.57% |
| Dividend yield | 1.29% |
| Assets under management | $141M |
| Holdings | 55 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/qqxt
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