QQXT - First Trust NASDAQ-100 Ex-Technology Sector Index Fund

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq-100 Ex-Tech Sector Index.

As of May 15, 2026: spot at $96.60, ATM IV 15.0%, net GEX $4.2K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$1.07B
Beta
0.73
52-Week Range
95.86-104.06
Dividend Yield
$1.20
IPO Date
May 7, 2007
Exchange
NASDAQ

What QQXT Looks Like to Options Traders Today

IV rank of 1.6% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($4.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.058) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The QQXT overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked QQXT overview questions

What is QQXT?
QQXT is the ticker symbol for First Trust NASDAQ-100 Ex-Technology Sector Index Fund, an listed exchange-traded fund. The First Trust NASDAQ-100 Ex-Technology Sector Index Fund is an exchange-traded index fund. The objective of the Fund is to seek investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq-100 Ex-Tech Sector Index. Listed on NASDAQ. QQXT is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the QQXT options snapshot look like today?
As of May 15, 2026, the QQXT options snapshot shows spot at $96.60, ATM IV 15.0%, IV rank 1.6%, net GEX $4.2K, expected move 4.30%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are QQXT's key statistics?
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) carries a market capitalization of $1.07B, 52-week range of 95.86-104.06. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does QQXT belong to?
First Trust NASDAQ-100 Ex-Technology Sector Index Fund operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare QQXT's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the QQXT data on this page?
The options snapshot above is dated May 15, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.