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QTEC vs. FDN
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QTEC vs. FDN

Last updated Apr 2, 2026

Compare and contrast key facts about First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) and First Trust Dow Jones Internet Index (FDN).

QTEC and FDN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QTEC is a passively managed fund by First Trust that tracks the performance of the NASDAQ-100 Technology Sector Index. It was launched on Apr 19, 2006. FDN is a passively managed fund by First Trust that tracks the performance of the Dow Jones Internet Index. It was launched on Jun 23, 2006. Both QTEC and FDN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QTEC vs. FDN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) and First Trust Dow Jones Internet Index (FDN). The values are adjusted to include any dividend payments, if applicable.

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QTEC vs. FDN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund		-4.83%22.28%7.32%67.02%-39.83%26.89%38.76%48.22%-4.62%37.78%
FDN
First Trust Dow Jones Internet Index		-12.36%10.70%30.35%51.48%-45.54%6.55%52.55%19.25%6.17%37.64%

Returns By Period

In the year-to-date period, QTEC achieves a -4.83% return, which is significantly higher than FDN's -12.36% return. Over the past 10 years, QTEC has outperformed FDN with an annualized return of 18.13%, while FDN has yielded a comparatively lower 13.12% annualized return.

QTEC

1D
1.44%
1M
-2.41%
YTD
-4.83%
6M
-5.34%
1Y
25.47%
3Y*
18.89%
5Y*
8.19%
10Y*
18.13%

FDN

1D
0.80%
1M
-2.71%
YTD
-12.36%
6M
-15.28%
1Y
5.30%
3Y*
16.85%
5Y*
1.08%
10Y*
13.12%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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First Trust NASDAQ-100 Technology Sector Index Fund

First Trust Dow Jones Internet Index

Often compared with QTEC:
QTEC vs. QQQQTEC vs. QQQMQTEC vs. VGTQTEC vs. QQXTQTEC vs. RSPTQTEC vs. ftecQTEC vs. VOO
Often compared with FDN:
FDN vs. QQQFDN vs. FDNIFDN vs. VGTFDN vs. WEBLFDN vs. SKYYFDN vs. XLKFDN vs. KWEB

QTEC vs. FDN - Expense Ratio Comparison

QTEC has a 0.57% expense ratio, which is higher than FDN's 0.52% expense ratio.

QTEC
First Trust NASDAQ-100 Technology Sector Index Fund
FDN
First Trust Dow Jones Internet Index

Return for Risk

QTEC vs. FDN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QTEC
QTEC Risk / Return Rank: 5151
Overall Rank
QTEC Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
QTEC Sortino Ratio Rank: 5151
Sortino Ratio Rank
QTEC Omega Ratio Rank: 4949
Omega Ratio Rank
QTEC Calmar Ratio Rank: 6161
Calmar Ratio Rank
QTEC Martin Ratio Rank: 5050
Martin Ratio Rank
FDN
FDN Risk / Return Rank: 1818
Overall Rank
FDN Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FDN Sortino Ratio Rank: 1818
Sortino Ratio Rank
FDN Omega Ratio Rank: 1717
Omega Ratio Rank
FDN Calmar Ratio Rank: 1818
Calmar Ratio Rank
FDN Martin Ratio Rank: 1818
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.

QTEC vs. FDN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) and First Trust Dow Jones Internet Index (FDN). 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.

QTECFDNDifference

Sharpe ratio

Return per unit of total volatility

0.87

0.22

+0.65

Sortino ratio

Return per unit of downside risk

1.41

0.49

+0.92

Omega ratio

Gain probability vs. loss probability

1.19

1.06

+0.13

Calmar ratio

Return relative to maximum drawdown

1.64

0.29

+1.35

Martin ratio

Return relative to average drawdown

5.03

0.81

+4.22

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTEC vs. FDN - Sharpe Ratio Comparison

The current QTEC Sharpe Ratio is 0.87, which is higher than the FDN Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of QTEC and FDN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QTECFDNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.87

0.22

+0.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.04

+0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

0.51

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.51

0.00

Correlation

The correlation between QTEC and FDN is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QTEC vs. FDN - Dividend Comparison

Neither QTEC nor FDN has paid dividends to shareholders.

TTM20252024202320222021202020192018201720162015
QTEC
First Trust NASDAQ-100 Technology Sector Index Fund		0.00%0.00%0.02%0.14%0.15%0.02%0.44%0.68%0.91%0.80%1.29%0.99%
FDN
First Trust Dow Jones Internet Index		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QTEC vs. FDN - Drawdown Comparison

The maximum QTEC drawdown since its inception was -58.86%, roughly equal to the maximum FDN drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for QTEC and FDN.

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Drawdown Indicators

QTECFDNDifference

Max Drawdown

Largest peak-to-trough decline

-58.86%

-61.55%

+2.69%

Max Drawdown (1Y)

Largest decline over 1 year

-16.03%

-21.31%

+5.28%

Max Drawdown (5Y)

Largest decline over 5 years

-45.54%

-53.97%

+8.43%

Max Drawdown (10Y)

Largest decline over 10 years

-45.54%

-53.97%

+8.43%

Current Drawdown

Current decline from peak

-11.14%

-17.90%

+6.76%

Average Drawdown

Average peak-to-trough decline

-9.96%

-11.86%

+1.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.22%

7.66%

-2.44%

Volatility

QTEC vs. FDN - Volatility Comparison

First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) has a higher volatility of 8.48% compared to First Trust Dow Jones Internet Index (FDN) at 7.35%. This indicates that QTEC's price experiences larger fluctuations and is considered to be riskier than FDN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QTECFDNDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.48%

7.35%

+1.13%

Volatility (6M)

Calculated over the trailing 6-month period

18.22%

14.92%

+3.30%

Volatility (1Y)

Calculated over the trailing 1-year period

29.51%

24.26%

+5.25%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.04%

27.29%

+1.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.35%

25.56%

+1.79%