First Trust NASDAQ-100 Ex-Technology

This ETF offers exposure to 'non-technology' companies within the NASDAQ-100 Index, which mostly consists of large-cap growth stocks. Investors with a longer-term horizon ought to consider the importance of growth stocks and the diversification benefits they can add to any well-balanced portfolio. Companies within the growth segment offer tremendous profit potential since they are still in the early stages of their life cycle, which in turn also raises the risk level associated with this asset class. Growth stocks may also appeal to those seeking capital appreciation versus dividend income, as these companies re-invest earnings. QQXT is linked to an index consisting of about 60 holdings and exposure is tilted most heavily towards consumer cyclical and health care, while industrials and communication services receive equal weightings. This ETF comes with a hefty expense fee and viable alternatives with comparable exposure are currently unavailable.