Key stats
About SGI Enhanced Nasdaq 100 ETF
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Inception date
Jun 14, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Summit Global Investments LLC
Distributor
Quasar Distributors LLC
ISIN
US74933W2391
QXQ is an actively managed fund that aims for capital appreciation and current income through an actively managed portfolio of Nasdaq-100 stocks and an options writing strategy. The fund invests in equity securities, options, or ETFs that seek to replicate the Nasdaq-100 Index. The equity investments may include common and preferred stocks, warrants, convertible securities, futures, forwards, and options. The fund targets an enhanced yield compared to traditional option-based strategies by selling short-term options, which typically generate more income than longer-term options over the same period. Using exposure to the value of the S&P 500 Index or other broad benchmark indices, the put-and-call options strategy selects deep out-of-the-money strike prices expiring within 1-7 days. As such, this may limit participation in potential gains if shares increase in value. The fund may hold short-term US Treasurys as collateral and engage in securities lending.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Cash
Bonds, Cash & Other100.00%
Government51.10%
Cash47.69%
Mutual fund1.21%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QXQ last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 77.04% decrease.
Yes, QXQ pays dividends to its holders with the dividend yield of 1.75%. The last dividend (Jun 27, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
QXQ shares are issued by Summit Global LLC under the brand Summit Global Investments. The ETF was launched on Jun 14, 2024, and its management style is Active.
QXQ expense ratio is 0.98% meaning you'd have to pay 0.98% of your investment to help manage the fund.
QXQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QXQ invests in bonds.