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 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FDX | FedEx Corporation | Industrials | Integrated Freight & Logistics | 5.41% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 5.00% |
| DIS | Walt Disney Company | Communication Services | Entertainment | 4.79% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 4.76% |
| AMGN | Amgen Inc | Healthcare | Drug Manufacturers - General | 4.68% |
| TMUS | T-Mobile US Inc | Communication Services | Telecom Services | 4.65% |
| HCA | HCA Holdings Inc | Healthcare | Medical Care Facilities | 4.60% |
| ADBE | Adobe Systems Incorporated | Technology | Software - Application | 4.51% |
| NKE | Nike Inc | Consumer Cyclical | Footwear & Accessories | 4.13% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 3.88% |