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

QTEC and WGMI share 4.9% of their weight across 3 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.

QTEC and WGMI

4.9%

3 shared positions

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

WGMI

Valkyrie Bitcoin Miners ETF

Reported positions cover 100% of the fund, 27 positions · Jun 30, 2026

Top 10: 77.1%·Holdings of WGMI

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

WGMI vs QTEC side by side

QTECFirst Trust NASDAQ-100-Technology Sector Index Fund

46

stock positions reported to the SEC

93.6% of its weight is in 43 names WGMI does not hold

WGMIValkyrie Bitcoin Miners ETF

27

stock positions reported to the SEC

94.7% of its weight is in 24 names QTEC does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
91.0%
59.0%
Financial Services
0.0%
29.7%
Healthcare
4.9%
0.0%
Communication Services
2.0%
0.0%

The widest gap is Technology: QTEC has 32.0 points more of it.

The figures side by side

QTECWGMI
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported4627
Weight of the ten largest28.7%77.1%
Largest positionAMAT 3.4%CIFR 18.1%
Held alone43 positions, 93.6%24 positions, 94.7%
Covered by stock positions100%100%

Holdings they share

StockIn QTECIn WGMICounted
NBISNEBIUS GROUP NV2.50%1.99%1.99%
NVDANVIDIA CORP1.99%2.01%1.99%
CRWVCOREWEAVE INC1.90%0.87%0.87%

What each holds alone

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

Only in QTEC

AMATAPPLIED MATERIALS INC3.37%
KLACKLA CORP3.29%
MRVLMARVELL TECHNOLOGY INC3.04%
ALABASTERA LABS INC2.95%
LRCXLAM RESEARCH CORP2.85%
SNDKSANDISK CORP2.81%
TERTERADYNE INC2.71%
ASMLASML HOLDING NV2.59%
INTCINTEL CORP2.55%
PANWPALO ALTO NETWORKS INC2.54%

Only in WGMI

CIFRCipher Digital Inc18.09%
HUTHut 8 Corp10.77%
KEELKeel Infrastructure Corp10.70%
IREN LTD10.05%
RIOTRiot Platforms Inc4.91%
MARAMARA Holdings Inc4.76%
BTDRBitdeer Technologies Group4.67%
CLSKCleanspark Inc4.58%
HIVEHive Digital Technologies Ltd4.47%
DGXXDigi Power X Inc4.11%

Questions people ask

Is QTEC the same as WGMI?

4.9% of their weight sits in the same 3 holdings. QTEC also reports AMAT, KLAC, MRVL, which the other does not. WGMI also reports CIFR, HUT, KEEL, which the other does not.

How is the overlap between QTEC and WGMI measured?

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

Which holds more, WGMI or QTEC?

QTEC reports 46 stock positions and WGMI reports 27. 93.6% of QTEC's weight sits in names WGMI does not hold, and 94.7% of WGMI's weight in names QTEC does not hold. The ten largest positions are 28.7% of QTEC and 77.1% of WGMI.

How do QTEC and WGMI differ by sector?

The widest gap is Technology: QTEC has 32.0 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.

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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.