First Trust Expanded Technology ETF (XPND) is a technology-hardware ETF. As of October 9, 2026, ETF Copilot scores XPND 6.4 out of 10 — highest on Quality (10.0), lowest on Value (2.1). It trades at 35.7 times earnings, against its own median of 33.4. Its ten largest holdings are 45% of the fund.
What stands out in XPND's data
Large-cap U.S. tech stocks, with a factor tilt toward quality.
Trades at a richer price than most tech peers — you pay for the quality you get.
Trailing EBITDA multiple of 26.9x places it among the most expensive tech peers, whose median is 22.4x. Return on equity of 50.0% and return on invested capital of 33.0% reflect the quality behind that price.
A quality-focused tech sleeve that costs more to own — the trade-off for higher profitability.
Why did XPND move this week? It rose 1.3% in the week to October 9, 2026 — Palantir Technologies and Visa drove it
XPND rose 1.3% in the week to October 9, 2026. The holdings that moved it most were Palantir Technologies (+10.8%), Visa (+6.9%) and Mastercard (+6.7%); Lam Research (−8.2%) pushed the other way.
How is XPND rated? ETF Copilot scores First Trust Expanded Technology ETF (XPND) 6.4 out of 10
As of October 9, 2026, ETF Copilot scores First Trust Expanded Technology ETF (XPND) 6.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.4 / 10
- Growth: 8.3 / 10
- Value: 2.1 / 10
- Risk: 2.1 / 10
- Quality: 10.0 / 10
- Return: 7.9 / 10
Is XPND expensive right now? It trades at 35.7 times earnings, against its own median of 33.4
As of October 9, 2026, XPND is more expensive than 75% of its own 65 monthly readings since 2021 — 49 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside XPND? 87% Tech
What's inside XPND: Size (Large 97%, Mid 3%, Small 0%); Geography (International 0%, US 100%); Tech 87.2%; Magnificent 7 18.1%; AI 31.0%; Semiconductors 33.1%; Memory 23.2%.
What are XPND's top holdings? The ten largest are 45% of the fund
Applied Materials, Apple, Palantir Technologies, Lam Research, Nvidia, Palo Alto Networks, Cisco Systems, Microsoft, Alphabet and Visa are XPND's largest holdings, in that order.
More concentrated than 50% of Tech Hardware ETFs.
Half of XPND's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 28 equally weighted holdings.
What is XPND's expense ratio? 0.65% a year
As of October 9, 2026, XPND charges 0.65% a year and holds $41M in assets across 51 positions.
| Measure | XPND |
|---|---|
| Expense ratio | 0.65% |
| Assets under management | $41M |
| Holdings | 51 |
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 Expanded Technology ETF (XPND) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/xpnd
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