First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QTEC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QTEC
QTEC charges 0.57% annually. There are 19 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.10%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio Nasdaq 100 ETF | 0.10% | — | Jun 2026 | QTEC vs QNDX | |
| Invesco NASDAQ 100 ETF | 0.15% | 100.59B | Oct 2020 | QTEC vs QQQM | |
| Invesco QQQ ETF | 0.18% | 481.14B | Mar 1999 | QTEC vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 206.73M | Oct 2021 | QTEC vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 28.66M | Oct 2024 | QTEC vs QNXT |
Best Risk-Adjusted Alternatives to QTEC
QTEC has a PortfoliosLab risk / return rank of 56. There are 22 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 210.48M | Mar 2020 | QTEC vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 25.92M | Dec 2024 | QTEC vs PQAP | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 568.10M | Mar 2021 | QTEC vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 94 | 2.84M | Jun 2025 | QTEC vs QB | |
| First Trust Nasdaq BuyWrite Income ETF | 91 | 938.31M | Jan 2014 | QTEC vs FTQI |
Top Performing QTEC Alternatives (YTD)
QTEC is at 32.07% YTD. There is 1 ETF in the Nasdaq-100 category with a higher YTD return, going as high as 43.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 43.02% | 81.18M | May 2021 | QTEC vs QQQA | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 25.34% | 20.29M | Aug 2024 | QTEC vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 17.54% | 16.35M | Dec 2025 | QTEC vs BALQ | |
| Direxion NASDAQ-100 Equal Weighted Index Shares | 16.12% | 1.40B | Mar 2012 | QTEC vs QQQE | |
| Invesco ESG NASDAQ 100 ETF | 16.09% | 206.73M | Oct 2021 | QTEC vs QQMG |
Lowest Volatility Alternatives to QTEC
QTEC has 27.47% 1-year volatility. There are 50 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.84% | — | Apr 2024 | QTEC vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.48% | 210.48M | Mar 2020 | QTEC vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 5.15% | 25.92M | Dec 2024 | QTEC vs PQAP | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.54% | — | Jul 2024 | QTEC vs QCJL | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.58% | 165.79M | Jun 2024 | QTEC vs QBUF |
Lowest Drawdown Alternatives to QTEC
QTEC has a 1-year max drawdown of -16.03%. There are 43 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -1.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.79% | 210.48M | Mar 2020 | QTEC vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | QTEC vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 25.92M | Dec 2024 | QTEC vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 165.79M | Jun 2024 | QTEC vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 568.10M | Mar 2021 | QTEC vs QMAR |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With QTEC
Investors most often compare QTEC with VGT, RSPT, QQXT. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare QTEC with Any Fund or Stock
Compare QTEC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QTEC with funds that move differently
First Trust NASDAQ-100 Technology Sector Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QTEC.
Explore QTEC Diversifiers