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 |
|---|---|---|---|---|
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 6.21% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 5.55% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 4.99% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 4.83% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.80% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 4.80% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 4.66% |
| AMD | Advanced Micro Devices Inc | Technology | Semiconductors | 4.58% |
| GS | Goldman Sachs Group Inc | Financial Services | Capital Markets | 4.24% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 3.91% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 3.44% |
| GLW | Corning Incorporated | Technology | Electronic Components | 2.78% |
| APP | Applovin Corp | Communication Services | Advertising Agencies | 2.66% |
| HWM | Howmet Aerospace Inc | Industrials | Aerospace & Defense | 2.44% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 2.33% |
| ANET | Arista Networks | Technology | Computer Hardware | 2.32% |
| IBM | International Business Machines | Technology | Information Technology Services | 2.26% |
| HCA | HCA Holdings Inc | Healthcare | Medical Care Facilities | 1.52% |
| RKLB | Rocket Lab USA Inc. | Industrials | Aerospace & Defense | 1.44% |
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 1.40% |