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QQQJ vs QTEC

Invesco NASDAQ Next Gen 100 ETF vs First Trust NASDAQ-100-Technology Sector Index Fund

QQQJ

Invesco NASDAQ Next Gen 100 ETF

Annual cost

0.15%

Fund size

$954M

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

Annual cost

0.55%

Fund size

$3.1B

Key differences

  • QQQJ costs 0.40% less per year.
  • QTEC is significantly larger than QQQJ — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, QTEC has delivered higher annualized returns.
  • QTEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QQQJQTEC
Annual cost (TER)0.15%0.55%
Fund size (AUM)$954M$3.1B
Since20202006
Dividend yield0.81%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+45.1%+60.9%
CAGR 3Y+21.6%+32.8%
CAGR 5Y+7.9%+17.1%
Sharpe 3Y0.961.08
Volatility 1Y18.08%22.83%
Max drawdown-39.58%-45.54%

Similar to QQQJ and QTEC