The fund employs an equal weighted methodology, which obviously makes a huge difference in keeping the fund from being heavily over-weighted Large Cap tech, such as the likes of AAPL, MSFT, GOOG, and so on. Instead, top holdings of QTEC are currently CSCO (2.60%), NXPI (2.58%), SYMC (2.56%), EQIX (2.54%), and BRCM (2.54%). Some of these stocks like CSCO, SYMC, and BRCM are former late 90s-early 2000s stock performance superstars, whereas NXPI and EQIX may not exactly be household names for all.
First Trust NASDAQ-100-Technology Sector Index Fund
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