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

QTEC and XSD share 27.9% of their weight across 13 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 XSD

27.9%

13 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

XSD

State Street(R) SPDR(R) S&P(R) Semiconductor ETF

Reported positions cover 100% of the fund, 47 positions · Jun 30, 2026

Top 10: 29.0%·Holdings of XSD

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

XSD vs QTEC side by side

QTECFirst Trust NASDAQ-100-Technology Sector Index Fund

46

stock positions reported to the SEC

71.6% of its weight is in 33 names XSD does not hold

XSDState Street(R) SPDR(R) S&P(R) Semiconductor ETF

47

stock positions reported to the SEC

69.3% of its weight is in 34 names QTEC does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Technology
91.0%
96.6%
Healthcare
4.9%
0.0%
Communication Services
2.0%
0.0%

The widest gap is Technology: XSD has 5.5 points more of it.

The figures side by side

QTECXSD
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported4647
Weight of the ten largest28.7%29.0%
Largest positionAMAT 3.4%MXL 3.8%
Held alone33 positions, 71.6%34 positions, 69.3%
Covered by stock positions100%100%

Holdings they share

StockIn QTECIn XSDCounted
ALABASTERA LABS INC2.95%3.08%2.95%
INTCINTEL CORP2.55%2.75%2.55%
MRVLMARVELL TECHNOLOGY INC3.04%2.49%2.49%
MUMICRON TECHNOLOGY INC2.49%2.73%2.49%
AMDADVANCED MICRO DEVICES INC2.36%2.71%2.36%
TXNTEXAS INSTRUMENTS INC2.04%2.22%2.04%
MCHPMICROCHIP TECHNOLOGY INC2.02%2.19%2.02%
ADIANALOG DEVICES INC2.01%2.12%2.01%
NVDANVIDIA CORP1.99%2.10%1.99%
MPWRMONOLITHIC POWER SYSTEMS INC1.85%1.97%1.85%

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%
LRCXLAM RESEARCH CORP2.85%
SNDKSANDISK CORP2.81%
TERTERADYNE INC2.71%
ASMLASML HOLDING NV2.59%
PANWPALO ALTO NETWORKS INC2.54%
WDCWESTERN DIGITAL CORP2.52%
NBISNEBIUS GROUP NV2.50%
DASHDOORDASH INC2.43%

Only in XSD

MXLMaxLinear Inc3.75%
ALGMAllegro MicroSystems Inc3.29%
AMBAAmbarella Inc2.89%
PENGPenguin Solutions Inc2.74%
TET1 Energy Inc2.59%
PIImpinj Inc2.45%
LSCCLattice Semiconductor Corp2.44%
CRDOCredo Technology Group Holding Ltd2.41%
POWIPower Integrations Inc2.37%
SITMSiTime Corp2.36%

Questions people ask

Is QTEC the same as XSD?

27.9% of their weight sits in the same 13 holdings. QTEC also reports AMAT, KLAC, LRCX, which the other does not. XSD also reports MXL, ALGM, AMBA, which the other does not.

How is the overlap between QTEC and XSD 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 XSD, so the number cannot exceed the smaller coverage.

Which holds more, XSD or QTEC?

QTEC reports 46 stock positions and XSD reports 47. 71.6% of QTEC's weight sits in names XSD does not hold, and 69.3% of XSD's weight in names QTEC does not hold. The ten largest positions are 28.7% of QTEC and 29.0% of XSD.

How do QTEC and XSD differ by sector?

The widest gap is Technology: XSD has 5.5 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.