NYSE ARCA | ETF
Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) toU. S. exchange-listed equity securities and/orU. S. exchange-traded funds (ETFs) that provide exposure toU. S. exchange-listed equity securities.
It pursues its investment objective by establishing long and short positions in its portfolio ofU. S. exchange-listed equity securities and ETFs.
The fund may invest up to 20% of its net assets (including investment borrowings) inU. S. exchange-listed equity index futures contracts.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 7.30% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 6.86% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.92% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 4.86% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.02% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 3.03% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 3.01% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 2.83% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 2.48% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.30% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 2.28% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 2.27% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 2.19% |
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 2.12% |
| ADI | Analog Devices Inc | Technology | Semiconductors | 2.09% |
| ANET | Arista Networks | Technology | Computer Hardware | 2.05% |
| ELV | Elevance Health Inc | Healthcare | Healthcare Plans | 2.05% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 2.02% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.86% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.81% |