Best Buy Co Inc vs First Trust NASDAQ 100 Technology Index Fund — how do they compare? Best Buy Co Inc trades at $83.5 (market cap $17.55B), while First Trust NASDAQ 100 Technology Index Fund trades at $315.63. The key difference: Best Buy Co Inc pays a 4.61% dividend while First Trust NASDAQ 100 Technology Index Fund pays none. Which is the better fit depends on your goals.
| BBY | QTEC | |
|---|---|---|
Market Cap | $17.55B | — |
Sector | Consumer Cyclical | Broad Market / Factor |
52-Week High | $90.17 | $335.74 |
52-Week Low | $55.52 | $207.03 |
Enterprise Value | $19.93B | — |
Dividend Yield | 4.61% | — |
Trailing returns across standard periods
Latest headlines on both assets
With $51.8 billion in fiscal 2022 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., with roughly 10.6% share of the aggregate market and north of 40% share of offline sales, per our calculations, CTA industry, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Read more on BBY →QTEC is an ETF that seeks to track the performance of the NASDAQ-100 Technology Sector Index. The fund provides targeted exposure to companies within the NASDAQ-100 that are classified as technology or telecommunications companies, focusing on firms involved in software, hardware, and related services. QTEC is a tool for investors seeking focused exposure to high-growth, large-cap technology companies listed on the NASDAQ exchange.
Read more on QTEC →