QTEC vs. QB

Last updated Jun 4, 2026

QTEC (First Trust NASDAQ-100 Technology Sector Index Fund) and QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) are both exchange-traded funds - QTEC is a Nasdaq-100 fund tracking the NASDAQ-100 Technology Sector Index, while QB is a Defined Outcome fund tracking the Nasdaq-100. Both are passively managed. A 0.70 correlation means they provide meaningful diversification when combined. QTEC charges 0.57%/yr vs 0.58%/yr for QB.

Performance

QTEC vs. QB - 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 ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QTEC achieves a 44.73% return, which is significantly higher than QB's 10.47% return.

QTEC

• 1D: 0.07%
• 1M: 22.39%
• YTD: 44.73%
• 6M: 40.31%
• 1Y: 67.84%
• 3Y*: 32.86%
• 5Y*: 17.61%
• 10Y*: 23.00%

QB

• 1D: -0.19%
• 1M: 2.95%
• YTD: 10.47%
• 6M: 9.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QTEC vs. QB - Yearly Performance Comparison

	2026 (YTD)	2025
QTEC First Trust NASDAQ-100 Technology Sector Index Fund	44.73%	8.73%
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	10.47%	5.77%

Correlation

The correlation between QTEC and QB is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.70

QTEC vs. QB - Sectors Allocation Comparison

Sectors	QTEC	QB
Technology	87.9%	49.9%
Communication Services	6.2%	16.4%
Consumer Cyclical	4.0%	12.5%
Industrials	1.9%	3.7%
Basic Materials	-	1.3%
Consumer Defensive	-	8.6%
Energy	-	0.6%
Financial Services	-	0.2%
Healthcare	-	5.3%
Real Estate	-	0.1%
Utilities	-	1.6%

Return for Risk

QTEC vs. QB — Risk / Return Rank

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

QTEC

QTEC Risk / Return Rank: 80
QTEC Sharpe Ratio Rank: 88
QTEC Sortino Ratio Rank: 80
QTEC Omega Ratio Rank: 78
QTEC Calmar Ratio Rank: 81
QTEC Martin Ratio Rank: 72

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. QB - 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 ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB). 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.

	QTEC	QB	Difference
Sharpe ratio: Return per unit of total volatility	2.97	—	—
Sortino ratio: Return per unit of downside risk	3.67	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.25	—	—
Martin ratio: Return relative to average drawdown	13.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QTEC	QB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.97	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	3.17	-2.56

Drawdowns

QTEC vs. QB - Drawdown Comparison

The maximum QTEC drawdown since its inception was -58.86%, which is greater than QB's maximum drawdown of -1.83%. Use the drawdown chart below to compare losses from any high point for QTEC and QB.

Drawdown Indicators

	QTEC	QB	Difference
Max Drawdown Largest peak-to-trough decline	-58.86%	-1.83%	-57.03%
Max Drawdown (1Y) Largest decline over 1 year	-16.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.54%	—	—
Current Drawdown Current decline from peak	0.00%	-0.30%	+0.30%
Average Drawdown Average peak-to-trough decline	-9.89%	-0.34%	-9.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.94%	—	—

Volatility

Volatility by Period

	QTEC	QB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	18.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	22.98%	5.75%	+17.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.19%	5.75%	+23.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.51%	5.75%	+21.76%

QTEC vs. QB - Expense Ratio Comparison

QTEC has a 0.57% expense ratio, which is lower than QB's 0.58% expense ratio.

Dividends

QTEC vs. QB - Dividend Comparison

QTEC has not paid dividends to shareholders, while QB's dividend yield for the trailing twelve months is around 0.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF	0.62%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Frequently Asked Questions

Can I hold both QTEC and QB in my portfolio?

QTEC and QB have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QTEC or QB?

On fees, QTEC is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QTEC or QB?

QTEC is cheaper with a 0.57% expense ratio, compared with 0.58% for QB.

Which ETF pays a higher dividend yield, QTEC or QB?

QB has the higher dividend yield at 0.62%, compared with 0.00% for QTEC.

What is the main difference between QTEC and QB?

QTEC is categorized as Nasdaq-100, while QB is Defined Outcome. QTEC tracks NASDAQ-100 Technology Sector Index, while QB tracks Nasdaq-100. They also come from different issuers: First Trust and ProShares. Their fees differ too: 0.57% for QTEC and 0.58% for QB.