ETF profile for Sgi Enhanced Nasdaq-100 ETF (QXQ) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
QXQ ETF Profile
| Family: |
Summit Global Investments |
| Name: |
SGI Enhanced Nasdaq-100 ETF |
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| Inception Date: |
14-Jun-2024 |
| Termination Date: |
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| 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. |
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| Prospectus |
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| Top 10 Holdings |
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| NASDAQ 100 E-MINI Dec26 |
NQZ6 Index |
95.1647% |
| Derivatives offset |
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-95.0793% |
| United States Treasury Bill 01/21/2027 |
B 0 01/21/27 |
63.1383% |
| Cash & Other |
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20.2371% |
| Vanguard Treasury Money Market Fund |
VUSXX |
4.2311% |
| Vanguard Federal Money Market Fund |
VMFXX |
4.1791% |
| North Capital Treasury Money Market Fund |
NCGXX |
3.8698% |
| Invesco QQQ Trust Series 1 |
QQQ |
2.5057% |
| PIMCO Government Money Market Fund |
PGFXX |
0.9580% |
| Fidelity Government Cash Reserves |
FDRXX |
0.8811% |
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Top 10 Holdings Weight: |
100.1% |
| Number of Holdings: |
56 |
| Shares Outstanding: |
2,685,000 |
| Total Net Assets: |
78,298,088 |
| NAV: |
29.25 |
| Net Expense Ratio: |
0.98% |
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| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
Covered Call Strategy |
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| Maturity Duration: |
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| Market Cap: |
Large Cap |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
