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Yes, You Can Invest in a Tech-Less Nasdaq-100


May 28, 2021
The Nasdaq-100 Index (NDX) has long been one of the best-performing, most widely observed gauges of domestic equities. One of the primary reasons behind that enviable track record is technology sector exposure, and lots of it.
Currently, NDX has a nearly 48% weight to tech stocks, well ahead of the 26.34% the S&P 500 devotes to the sector. In this vein, to many investors, the Nasdaq-100 is synonymous with tech investing.
Yet a tech-less Nasdaq-100 is not heresy. The
First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NasdaqGM: QQXT) proves it’s a viable methodology for investors that already have tech exposure, but are seeking access to some of the other innovative companies. ....

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