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 | 6.22% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 5.67% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 4.85% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 4.73% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.73% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 4.60% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 4.59% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.58% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 4.03% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 3.78% |
| GLW | Corning Incorporated | Technology | Electronic Components | 3.40% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 3.31% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 2.72% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 2.71% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 2.31% |
| ANET | Arista Networks | Technology | Computer Hardware | 2.22% |
| IBM | International Business Machines | Technology | Information Technology Services | 1.96% |
| FIX | Comfort Systems USA Inc | Industrials | Engineering & Construction | 1.72% |
| HCA | HCA Holdings Inc | Healthcare | Medical Care Facilities | 1.56% |
| TJX | The TJX Companies Inc | Consumer Cyclical | Apparel Retail | 1.38% |