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 |
|---|---|---|---|---|
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 5.29% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 5.04% |
| HCA | HCA Holdings Inc | Healthcare | Medical Care Facilities | 5.01% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 4.97% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 4.90% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 4.62% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 4.44% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 4.43% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 3.92% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 3.89% |
| PYPL | PayPal Holdings Inc | Financial Services | Credit Services | 3.66% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.58% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 2.49% |
| ABNB | Airbnb Inc | Consumer Cyclical | Travel Services | 2.37% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 2.37% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 2.09% |
| KMI | Kinder Morgan Inc | Energy | Oil & Gas Midstream | 2.04% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 1.39% |
| ZM | Zoom Video Communications Inc | Technology | Software - Application | 1.38% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 1.36% |