Monster Beverage Corp vs First Trust NASDAQ 100 Technology Index Fund — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while First Trust NASDAQ 100 Technology Index Fund trades at $310.02. Which is the better fit depends on your goals.
| MNST | QTEC | |
|---|---|---|
Market Cap | $93.35B | — |
Sector | Consumer Staples | Broad Market / Factor |
52-Week High | $99.94 | $335.74 |
52-Week Low | $58.75 | $207.03 |
Enterprise Value | $91.65B | — |
Trailing returns across standard periods
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →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.
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