FTXL vs QTEC overlap - what they share and where they differ

FTXL and QTEC share 36.9% of their weight across 17 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

FTXL and QTEC

36.9%

17 shared positions

FTXL

First Trust Nasdaq Semiconductor ETF

Reported positions cover 99% of the fund, 34 positions · Jun 30, 2026

Top 10: 67.3%·Holdings of FTXL

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

Reported positions cover 100% of the fund, 46 positions · Jun 30, 2026

Top 10: 28.7%·Holdings of QTEC

Reported positions cover FTXL 99%, QTEC 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

QTEC vs FTXL side by side

FTXLFirst Trust Nasdaq Semiconductor ETF

34

stock positions reported to the SEC

18.2% of its weight is in 17 names QTEC does not hold

QTECFirst Trust NASDAQ-100-Technology Sector Index Fund

46

stock positions reported to the SEC

59.3% of its weight is in 29 names FTXL does not hold

Where each fund's weight sits

FTXL
QTEC
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
94.6%
91.0%
Healthcare
2.6%
4.9%
Communication Services
0.0%
2.0%
Basic Materials
1.5%
0.0%
Consumer Cyclical
0.8%
0.0%

The widest gap is Technology: FTXL has 3.5 points more of it.

The figures side by side

FTXLQTEC
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported3446
Weight of the ten largest67.3%28.7%
Largest positionINTC 13.3%AMAT 3.4%
Held alone17 positions, 18.2%29 positions, 59.3%
Covered by stock positions99%100%

Holdings they share

StockIn FTXLIn QTECCounted
AMATAPPLIED MATERIALS INC4.21%3.37%3.37%
KLACKLA CORP4.29%3.29%3.29%
MRVLMARVELL TECHNOLOGY INC7.91%3.04%3.04%
LRCXLAM RESEARCH CORP4.02%2.85%2.85%
INTCINTEL CORP13.28%2.55%2.55%
MUMICRON TECHNOLOGY INC12.14%2.49%2.49%
AMDADVANCED MICRO DEVICES INC6.29%2.36%2.36%
TXNTEXAS INSTRUMENTS INC3.05%2.04%2.04%
ADIANALOG DEVICES INC2.42%2.01%2.01%
NVDANVIDIA CORP4.79%1.99%1.99%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in FTXL

AMKRAMKOR TECHNOLOGY INC3.35%
ONON SEMICONDUCTOR CORP3.08%
SWKSSKYWORKS SOLUTIONS INC2.21%
ENTGENTEGRIS INC1.50%
CRUSCIRRUS LOGIC INC1.02%
ONTOONTO INNOVATION INC0.94%
AVTAVNET INC0.80%
RMBSRAMBUS INC0.73%
CRDOCREDO TECHNOLOGY GROUP HOLDING LTD0.67%
COHRCOHERENT CORP0.66%

Only in QTEC

SNDKSANDISK CORP2.81%
ASMLASML HOLDING NV2.59%
PANWPALO ALTO NETWORKS INC2.54%
WDCWESTERN DIGITAL CORP2.52%
NBISNEBIUS GROUP NV2.50%
DASHDOORDASH INC2.43%
FTNTFORTINET INC2.33%
STXSEAGATE TECHNOLOGY HOLDINGS PLC2.30%
DDOGDATADOG INC2.21%
CRWDCROWDSTRIKE HOLDINGS INC2.19%

Questions people ask

Is FTXL the same as QTEC?

36.9% of their weight sits in the same 17 holdings. FTXL also reports AMKR, ON, SWKS, which the other does not. QTEC also reports SNDK, ASML, PANW, which the other does not.

How is the overlap between FTXL and QTEC measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of FTXL and 100% of QTEC, so the number cannot exceed the smaller coverage.

Which holds more, QTEC or FTXL?

FTXL reports 34 stock positions and QTEC reports 46. 18.2% of FTXL's weight sits in names QTEC does not hold, and 59.3% of QTEC's weight in names FTXL does not hold. The ten largest positions are 67.3% of FTXL and 28.7% of QTEC.

How do FTXL and QTEC differ by sector?

The widest gap is Technology: FTXL has 3.5 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.