NASDAQ | ETF
The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the NasdaqU. S.
Sustainable Momentum Index (the index).
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities that compose the index at the time of purchase.
The index uses a quantitative model designed to identify equity securities, including growth and value stocks, within the Nasdaq US Large Mid Cap Index that exhibit sustainable price momentum, based on historical stock prices over multiple periods and taking multiple market environments into consideration.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| OVV | Ovintiv Inc | Energy | Oil & Gas E&P | 2.36% |
| APA | APA Corporation | Energy | Oil & Gas E&P | 2.30% |
| HAL | Halliburton Company | Energy | Oil & Gas Equipment & Services | 1.34% |
| CLR | Continental Resources Inc | Energy | Oil & Gas E&P | 1.32% |
| LB | LandBridge Company LLC | Consumer Cyclical | Apparel Retail | 1.32% |
| WHR | Whirlpool Corporation | Consumer Cyclical | Furnishings, Fixtures & Appliances | 1.18% |
| GPS | Gap Inc | Consumer Cyclical | Apparel Retail | 1.16% |
| PE | Parsley Energy Inc | Energy | Oil & Gas E&P | 1.16% |
| TRGP | Targa Resources Inc | Energy | Oil & Gas Midstream | 1.16% |
| PARA | Paramount Global Class B | Communication Services | Entertainment | 1.15% |
| THO | Thor Industries Inc | Consumer Cyclical | Recreational Vehicles | 1.12% |
| HBI | Hanesbrands Inc | Consumer Cyclical | Apparel Manufacturing | 1.11% |
| MRO | Marathon Oil Corporation | Energy | Oil & Gas E&P | 1.06% |
| DISH | DISH Network Corporation | Communication Services | Telecom Services | 1.02% |
| NBL | Noble Energy Inc | Energy | Oil & Gas E&P | 1.02% |
| DOCU | DocuSign Inc | Technology | Software - Application | 0.99% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 0.98% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 0.96% |
| BKR | Baker Hughes Co | Energy | Oil & Gas Equipment & Services | 0.94% |
| BWA | BorgWarner Inc | Consumer Cyclical | Auto Parts | 0.92% |