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 | 7.04% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 5.71% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 5.50% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 5.37% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 5.24% |
| HCA | HCA Holdings Inc | Healthcare | Medical Care Facilities | 4.94% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 4.19% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 4.08% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 3.70% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 3.25% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.25% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 3.24% |
| PYPL | PayPal Holdings Inc | Financial Services | Credit Services | 2.96% |
| KMI | Kinder Morgan Inc | Energy | Oil & Gas Midstream | 2.49% |
| ABNB | Airbnb Inc | Consumer Cyclical | Travel Services | 2.32% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 2.23% |
| SYY | Sysco Corporation | Consumer Defensive | Food Distribution | 2.14% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 1.57% |
| ZM | Zoom Video Communications Inc | Technology | Software - Application | 1.18% |
| CTSH | Cognizant Technology Solutions Corp Class A | Technology | Information Technology Services | 1.00% |