NASDAQ | ETF
The fund will normally invest at least 80% of its total assets in the common stocks or an exchange-traded fund (ETF) that comprise the index.
The index is a modified market-capitalization weighted index designed to tactically allocate exposure to one of three allocations: (i) Nasdaq US 500 Large Cap Index TM; (ii) Nasdaq US 500 Large Cap Equal Weight Index TM; or (iii) First Trust Enhanced Short Maturity ETF (FTSM) (each, an Underlying Allocation), based on daily relative strength readings.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 6.14% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 5.77% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.23% |
| FB | Meta Platforms Inc. | Communication Services | Internet Content & Information | 2.24% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.07% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 1.52% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 1.33% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 1.31% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 1.23% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 1.12% |