NASDAQ | ETF
Under normal circumstances, at least 80% of the fund"s total assets will be invested in the component securities of the index.
The Adviser expects that, over time, if it has sufficient assets, the correlation between the fund"s performance and that of the index, before fees and expenses, will be 95% or better.
The fund will generally use a "replication" strategy to achieve its investment objective, meaning it generally will invest in all of the component securities of the index.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 6.27% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 5.41% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 5.03% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 4.82% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.77% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.53% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.43% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 4.39% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 4.37% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 4.36% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 4.15% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 4.01% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 3.72% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 3.45% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 3.11% |
| GLW | Corning Incorporated | Technology | Electronic Components | 2.45% |
| ANET | Arista Networks | Technology | Computer Hardware | 2.42% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 2.31% |
| IBM | International Business Machines | Technology | Information Technology Services | 2.17% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 2.08% |