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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 Jun26 NQM6 Index 100.4430%
Derivatives offset -100.4288%
United States Treasury Bill 01/21/2027 912797TM9 62.3230%
Cash & Other 37.6771%
CBOE S&P PUT OPT 04/26 6790 -0.0022%
CBOE S&P PUT OPT 04/26 6785 -0.0018%
CBOE S&P PUT OPT 04/26 6780 -0.0016%
CBOE S&P CLL OPT 04/26 7230 -0.0013%
CBOE S&P CLL OPT 04/26 7220 -0.0013%
S&P DOW CLL OPT 04/26 7240 -0.0012%
Top 10 Holdings Weight: 100.0%
Number of Holdings: 39
Shares Outstanding: 2,740,000
Total Net Assets: 78,076,300
NAV: 28.48
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
Market Data Delayed 15 Minutes