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QQXT vs. ACSI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

QQXT vs. ACSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and American Customer Satisfaction ETF (ACSI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QQXT achieves a -1.57% return, which is significantly lower than ACSI's 9.66% return.


QQXT

1D
-0.25%
1M
-0.88%
YTD
-1.57%
6M
-1.64%
1Y
-0.05%
3Y*
7.28%
5Y*
4.06%
10Y*
10.01%

ACSI

1D
-0.92%
1M
5.55%
YTD
9.66%
6M
9.77%
1Y
18.71%
3Y*
18.51%
5Y*
9.12%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQXT vs. ACSI - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund
-1.57%8.02%6.71%16.81%-13.09%12.02%36.85%28.02%-5.74%20.69%
ACSI
American Customer Satisfaction ETF
9.66%10.70%22.51%21.06%-20.93%23.33%22.93%24.88%-4.97%15.77%

Correlation

The correlation between QQXT and ACSI is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.75

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.82

Correlation (All Time)
Calculated using the full available price history since Nov 2, 2016

0.79

The correlation between QQXT and ACSI has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

QQXT vs. ACSI - Sectors Allocation Comparison


Sectors
QQXT
ACSI

Consumer Cyclical

17.6%
24.2%

Healthcare

16.9%
8.5%

Industrials

16.1%
7.3%

Consumer Defensive

15.1%
12.4%

Communication Services

11.9%
15.4%

Utilities

7.6%
3.9%

Technology

5.7%
12.5%

Energy

3.9%
3.4%

Financial Services

2.0%
9.6%

Basic Materials

1.8%

-

Real Estate

1.4%

-

Consumer Cyclical

QQXT
17.6%
ACSI
24.2%

Healthcare

QQXT
16.9%
ACSI
8.5%

Industrials

QQXT
16.1%
ACSI
7.3%

Consumer Defensive

QQXT
15.1%
ACSI
12.4%

Communication Services

QQXT
11.9%
ACSI
15.4%

Utilities

QQXT
7.6%
ACSI
3.9%

Technology

QQXT
5.7%
ACSI
12.5%

Energy

QQXT
3.9%
ACSI
3.4%

Financial Services

QQXT
2.0%
ACSI
9.6%

Basic Materials

QQXT
1.8%
ACSI

-

Real Estate

QQXT
1.4%
ACSI

-

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Return for Risk

QQXT vs. ACSI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQXT
QQXT Risk / Return Rank: 88
Overall Rank
QQXT Sharpe Ratio Rank: 99
Sharpe Ratio Rank
QQXT Sortino Ratio Rank: 88
Sortino Ratio Rank
QQXT Omega Ratio Rank: 88
Omega Ratio Rank
QQXT Calmar Ratio Rank: 99
Calmar Ratio Rank
QQXT Martin Ratio Rank: 99
Martin Ratio Rank

ACSI
ACSI Risk / Return Rank: 4848
Overall Rank
ACSI Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
ACSI Sortino Ratio Rank: 4646
Sortino Ratio Rank
ACSI Omega Ratio Rank: 4444
Omega Ratio Rank
ACSI Calmar Ratio Rank: 4949
Calmar Ratio Rank
ACSI Martin Ratio Rank: 5454
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQXT vs. ACSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) and American Customer Satisfaction ETF (ACSI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


QQXTACSIDifference
Sharpe ratioReturn per unit of total volatility

-1.63

Sortino ratioReturn per unit of downside risk

-2.24

Omega ratioGain probability vs. loss probability

1.01

1.29

-0.28

Calmar ratioReturn relative to maximum drawdown

-0.01

2.42

-2.43

Martin ratioReturn relative to average drawdown

-0.01

9.45

-9.47

QQXT vs. ACSI - Sharpe Ratio Comparison

The current QQXT Sharpe Ratio is -0.00, which is lower than the ACSI Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of QQXT and ACSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


QQXTACSIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.00

1.63

-1.63

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.55

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.75

-0.30

Drawdowns

QQXT vs. ACSI - Drawdown Comparison

The maximum QQXT drawdown since its inception was -57.45%, which is greater than ACSI's maximum drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for QQXT and ACSI.


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Drawdown Indicators


QQXTACSIDifference

Max Drawdown

Largest peak-to-trough decline

-57.45%

-34.49%

-22.96%

Max Drawdown (1Y)

Largest decline over 1 year

-7.59%

-7.76%

+0.17%

Max Drawdown (3Y)

Largest decline over 3 years

-14.92%

-15.27%

+0.35%

Max Drawdown (5Y)

Largest decline over 5 years

-24.74%

-24.86%

+0.12%

Max Drawdown (10Y)

Largest decline over 10 years

-30.40%

Current Drawdown

Current decline from peak

-5.98%

-2.38%

-3.60%

Average Drawdown

Average peak-to-trough decline

-8.11%

-5.39%

-2.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

1.98%

+1.20%

Volatility

QQXT vs. ACSI - Volatility Comparison

The current volatility for First Trust Nasdaq-100 Ex-Technology Sector Index Fund (QQXT) is 2.44%, while American Customer Satisfaction ETF (ACSI) has a volatility of 4.16%. This indicates that QQXT experiences smaller price fluctuations and is considered to be less risky than ACSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


QQXTACSIDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.44%

4.16%

-1.72%

Volatility (6M)

Calculated over the trailing 6-month period

7.65%

8.88%

-1.23%

Volatility (1Y)

Calculated over the trailing 1-year period

10.77%

11.56%

-0.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.25%

16.66%

-0.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.54%

17.43%

+0.11%

QQXT vs. ACSI - Expense Ratio Comparison

QQXT has a 0.60% expense ratio, which is lower than ACSI's 0.66% expense ratio.


Dividends

QQXT vs. ACSI - Dividend Comparison

QQXT's dividend yield for the trailing twelve months is around 1.23%, more than ACSI's 0.83% yield.


PositionTTM20252024202320222021202020192018201720162015
ACSI
American Customer Satisfaction ETF
0.83%0.91%0.69%1.01%0.81%0.31%0.82%1.64%1.59%1.20%0.18%0.00%
QQXT
First Trust Nasdaq-100 Ex-Technology Sector Index Fund
1.23%1.20%0.98%1.10%0.92%0.35%0.28%0.35%0.38%0.32%0.31%0.40%

Frequently Asked Questions


QQXT and ACSI have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ACSI has higher volatility (4.16%) compared to QQXT (2.44%). In terms of maximum drawdown, QQXT dropped -57.45% vs ACSI's -34.49%.

On 5-year performance, ACSI leads with 9.12% vs 4.06% for QQXT. On fees, QQXT is cheaper at 0.60% per year. On volatility, QQXT has been the lower-risk option at 2.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, ACSI has performed better with a 9.12% return vs 4.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QQXT is cheaper with a 0.60% expense ratio, compared with 0.66% for ACSI.

QQXT has the higher dividend yield at 1.23%, compared with 0.83% for ACSI.

QQXT is categorized as Nasdaq-100, while ACSI is Large Cap Growth Equities. QQXT tracks NASDAQ-100 Ex-Tech Sector Index, while ACSI tracks American Customer Satisfaction Investable Index. They also come from different issuers: First Trust and Exponential ETFs. Their fees differ too: 0.60% for QQXT and 0.66% for ACSI.

ACSI currently has the higher Sharpe Ratio (1.63 vs -0.00), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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