QXQ

SGI Enhanced Nasdaq-100 ETF

$31.51

+0.00%

Market closed. Last update: 11:41 PM ET

📎 Investment Objective

The SGI Enhanced Nasdaq-100 ETF (QXQ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq-100 Index, an index of 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market.

Overview

ETF tracking SGI Enhanced Nasdaq-100 ETF

Category Technology

Issuer Other

Inception Date 2024-06-14

Market Cap $42.1M

Average Volume N/A

Dividend Yield 2.64%

52-Week Range $22.03 - $32.91

VWAP $31.63

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF uses a sampling approach to invest in a subset of the securities in the Nasdaq-100 Index in an effort to track the performance of the full index. The fund may also invest in other instruments, such as futures and options contracts, to help achieve its investment objective.

✨ Key Features

Provides exposure to the large-cap, growth-oriented companies that make up the Nasdaq-100 Index
Uses a sampling approach to track the index, which may be more cost-effective than full replication
Relatively low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market and economic conditions
Sector concentration risk: As a technology-focused fund, it has significant exposure to the performance of the technology sector
Tracking error risk: The fund may not perfectly track the Nasdaq-100 Index due to the sampling approach and other factors
Liquidity risk: The fund may have difficulty trading certain securities, particularly in volatile market conditions

👤 Best For

The SGI Enhanced Nasdaq-100 ETF may be suitable for investors seeking broad exposure to large-cap, growth-oriented technology companies. It could be a component of a diversified portfolio, but investors should be aware of the fund's sector concentration and limited performance history.