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QXQ ETF Profile


Family: Summit Global Investments
Name: SGI Enhanced Nasdaq-100 ETF
Inception Date: 14-Jun-2024
Termination Date:
Investment Objective: The SGI Enhanced Nasdaq-100 ETF (QXQ) seeks to generate the return of the Nasdaq-100 utilizing futures and options while providing an additional enhanced yield through ultra- short-term options strategies. Emphasizing disciplined risk management, our goal is to outperform the Nasdaq-100 relative to the index. QXQ uses an innovative, actively traded put and call options methodology that seeks to harness exposure to the Nasdaq-100 the S&P 500 Index or other broad benchmark indices, that seeks risk control to potentially generate additional income. We believe this gives QXQ the increased potential of providing an enhanced yield compared to traditional option-based strategies coupled with the total return generated from the exposure to the Nasdaq-100. The Fund's equity investments may include common stock, preferred stock, warrants and other rights to acquire stock, and futures, forwards, options and other instruments with similar economic exposures. The Fund uses an actively traded put and call options strategy that chooses deep out-of-the money strike prices generally expiring within 1-7 days to generate income.
Prospectus
Top 10 Holdings
NASDAQ 100 E-MINI Mar26 NQH6 Index 99.2686%
Derivatives offset -99.2631%
Cash & Other 57.5063%
United States Treasury Bill 03/10/2026 912797SY4 41.9483%
Micro E-Mini Nasdaq 100 Future Mar 2026 0.5454%
S&P DOW PUT OPT 12/25 6605 -0.0008%
S&P DOW PUT OPT 12/25 6615 -0.0005%
S&P DOW CLL OPT 12/25 6965 -0.0005%
S&P DOW CLL OPT 12/25 6970 -0.0005%
CBOE S&P PUT OPT 12/25 6550 -0.0005%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 20
Shares Outstanding: 1,700,000
Total Net Assets: 47,143,550
NAV: 27.71
Net Expense Ratio: 0.98%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Buy-Write strategy
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Market Cap: Large Cap
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Is Currency Hedged: No
US or Ex-US: Domestic
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