NYSE ARCA | ETF
Under normal conditions, the fund will expose at least 80% of its net assets (including investment borrowings) toU. S. exchange-listed equity securities and/orU. S. exchange-traded funds (ETFs) that provide exposure toU. S. exchange-listed equity securities.
It pursues its investment objective by establishing long and short positions in its portfolio ofU. S. exchange-listed equity securities and ETFs.
The fund may invest up to 20% of its net assets (including investment borrowings) inU. S. exchange-listed equity index futures contracts.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 6.56% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 3.59% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 3.43% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 3.03% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 2.70% |
| BAC | Bank of America Corp | Financial Services | Banks - Diversified | 2.62% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 2.49% |
| ASML | ASML Holding NV ADR | Technology | Semiconductor Equipment & Materials | 2.48% |
| KO | The Coca-Cola Company | Consumer Defensive | Beverages - Non-Alcoholic | 2.48% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.44% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 2.32% |
| CSCO | Cisco Systems Inc | Technology | Communication Equipment | 2.30% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 2.19% |
| SPOT | Spotify Technology SA | Communication Services | Internet Content & Information | 2.12% |
| C | Citigroup Inc. | Financial Services | Banks - Diversified | 2.11% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 2.08% |
| ELV | Elevance Health Inc | Healthcare | Healthcare Plans | 2.05% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 2.03% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.86% |
| STX | Seagate Technology PLC | Technology | Computer Hardware | 1.79% |