Elastic NV vs First Trust NASDAQ 100 Technology Index Fund — how do they compare? Elastic NV trades at $95.26 (market cap $9.77B), while First Trust NASDAQ 100 Technology Index Fund trades at $329.55 (market cap $4.15B). The key difference: Elastic NV is far larger — about 2.4× First Trust NASDAQ 100 Technology Index Fund's market cap, and Elastic NV is more actively traded (945,514 versus 278,646). Which is the better fit depends on your goals — on Pluang, investors hold Elastic NV for 10 Days and First Trust NASDAQ 100 Technology Index Fund for 40 Days on average.
| ESTC | QTEC | |
|---|---|---|
Market Cap | $9.77B | $4.15B |
Volume | 945,514 | 278,646 |
Sector | Technology | Broad Market / Factor |
52-Week High | $99.91 | $340.28 |
52-Week Low | $43.30 | $207.03 |
Typical Hold Time | 10 Days | 40 Days |
Enterprise Value | $8.91B | — |
Signals from Pluang's Aura AI — not financial advice
Elastic (ESTC) trades at $93.1, down 1.59% on the day, with a bullish technical outlook and strong earnings beats in recent quarters. The company shows robust revenue growth, improving profitability into 2026, and positive sentiment from analysts, with 22 buy ratings and no sells. Recent product launches, including AI-driven metrics and serverless vector database offerings, highlight innovation in its observability and search platforms.
The stock presents a growth opportunity driven by product innovation and expanding profit margins, but risks include high valuation multiples and competitive pressures in the enterprise software sector. Analyst consensus targets $79.50, below the current price, suggesting cautious optimism amid execution risks and market volatility.
QTEC trades at $335.82, down 1.31% today, with a bullish technical signal from moving averages but bearish oscillators. The ETF provides equal-weighted exposure to NASDAQ-100 technology stocks, offering diversification across software and hardware sectors. Recent analysis highlights software industry undervaluation relative to historical averages, positioning QTEC as a liquid alternative to similar funds.
The outlook remains cautiously optimistic given technology sector growth potential, though overbought RSI levels suggest near-term consolidation. Key risks include sector volatility and macroeconomic pressures on tech valuations, while institutional interest supports long-term stability.
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Elastic NV provides a leading search AI platform built on Elasticsearch. Its software helps organizations find, observe, and protect data through search-powered analytics for various cloud-based applications.
Read more on ESTC →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 →