First Trust NASDAQ-100-Technology Sector Index Fund Price & Performance (QTEC)

The First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) has experienced a significant outflow, with net flows dropping by $1 billion over the past year. This shift highlights growing caution among investors amid heightened volatility in the technology sector, as QTEC's price recently touched a 12-month low.123

While QTEC, the tech-focused ETF, has lost over 20% year-to-date, the First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) has limited losses to under 3%. QQXT’s broader sector diversification and medium risk profile have helped cushion recent market swings, offering a more stable alternative for investors wary of tech volatility.456

Technical indicators for QTEC point to continued downside, with the ETF remaining in a falling trend and analysts projecting a potential 20% drop over the next quarter. Despite a recent minor rebound, persistent sell signals and high volatility suggest caution for those considering new positions in the fund.738