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 |
|---|---|---|---|---|
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 6.08% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 5.57% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 5.29% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 4.98% |
| BMY | Bristol-Myers Squibb Company | Healthcare | Drug Manufacturers - General | 4.90% |
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 4.66% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 4.47% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 4.42% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 4.39% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 4.27% |
| CRM | Salesforce.com Inc | Technology | Software - Application | 4.27% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 4.25% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 3.57% |
| TFC | Truist Financial Corp | Financial Services | Banks - Regional | 3.40% |
| HCA | HCA Healthcare, Inc. | Healthcare | Medical Care Facilities | 3.21% |
| PYPL | PayPal Holdings Inc | Financial Services | Credit Services | 3.17% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 2.61% |
| KMI | Kinder Morgan Inc | Energy | Oil & Gas Midstream | 2.40% |
| ABNB | Airbnb Inc | Consumer Cyclical | Travel Services | 2.12% |
| EBAY | eBay Inc | Consumer Cyclical | Internet Retail | 2.09% |