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SGI Enhanced Nasdaq-100 ETF (QXQ): ETF

ETF traded on XNAS under symbol QXQ. Quoted in usd.

SGI Enhanced Nasdaq 100 ETF logo

SGI Enhanced Nasdaq 100 ETF

+3.42%$30.16
XNAS:QXQEquity
AUM $78.53M·YTD --·Yield --
SGI Enhanced Nasdaq 100 ETF logoXNAS:QXQ$30.16+3.42%
About QXQ

QXQ operates as an actively managed fund with the dual objective of fostering capital growth and generating consistent income. It achieves this by maintaining a dynamic portfolio primarily composed of Nasdaq-100 constituent stocks and employing a strategic options selling approach. The fund's investments can span various instruments, including direct equity holdings, options contracts, or exchange-traded funds designed to mirror the performance of the Nasdaq-100 Index. Its equity allocations may encompass a diverse range of securities, such as common and preferred shares, warrants, convertible instruments, futures, forwards, and other options. To secure a higher yield than conventional option-based strategies, QXQ primarily focuses on issuing short-term options. These short-duration options are typically more effective at generating income over a specific timeframe compared to their longer-dated counterparts. The put-and-call options strategy involves selecting strike prices that are significantly out-of-the-money and possess very brief expiration periods, generally ranging from one to seven days. This selection process often leverages insights derived from the S&P 500 Index or other broad market benchmarks. A potential drawback of this strategy, however, is that it may restrict the fund's ability to fully capitalize on substantial gains if the underlying assets experience significant appreciation. Furthermore, the fund has the capacity to utilize short-term U.S. Treasury securities as collateral and may participate in securities lending activities.

Largest holdings

  1. NASDAQ 100 E-MINI Dec2648.78%
  2. United States Treasury Bill32.37%
  3. Cash & Other8.72%
  4. VUSXX Vanguard Treasury Money Market Fund2.17%
  5. VMFXX Vanguard Federal Money Market Fund2.14%
  6. North Capital Treasury Money Market Fund1.98%
  7. First American Government Obligations Fund1.65%
  8. QQQ Invesco QQQ Trust Series 11.28%
  9. PIMCO Government Money Market Fund0.49%
  10. FDRXX Fidelity Government Cash Reserves0.45%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
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Total Invested
$70,000
Final Portfolio
$106,774
Total Return
+$36,774
(+52.5%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$78.53M
NAV$29.25
Premium/Discount+3.11%
Expense Ratio0.98%
Market Cap$95.20M
Shares Outstanding2.84M
Inception DateJun. 14, 2024
Fund Details
IssuerSummit Global Investments
Asset ClassEquity
Beta1.46
SectorFinancial Services
DomicileUS
52-Week Range
$24.75$33.91
Current: $30.16
Volume
Volume2.52K
Avg Volume12.04K
Vol/Avg0.21x

30d

8.89K

60d

8.12K

90d

7.73K

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