NASDAQ | ETF
Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities.
The index is designed to track the performance of emerging public companies primarily involved in providing cloud computing software and services to their customers.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| QTWO | Q2 Holdings | Technology | Software - Application | 2.37% |
| ZUO | Zuora Inc | Technology | Software - Infrastructure | 2.03% |
| DOCU | DocuSign Inc | Technology | Software - Application | 1.93% |
| IOT | Samsara Inc | Technology | Software - Infrastructure | 1.85% |
| SQSP | Squarespace Inc | Technology | Software - Infrastructure | 1.84% |
| SQ | Block Inc | Technology | Software - Infrastructure | 1.84% |
| OKTA | Okta Inc | Technology | Software - Infrastructure | 1.82% |
| PYPL | PayPal Holdings Inc | Financial Services | Credit Services | 1.8% |
| TWLO | Twilio Inc | Communication Services | Internet Content & Information | 1.77% |
| APPF | Appfolio Inc | Technology | Software - Application | 1.73% |
| BL | Blackline Inc | Technology | Software - Application | 1.73% |
| TOST | Toast Inc | Technology | Software - Infrastructure | 1.72% |
| QLYS | Qualys Inc | Technology | Software - Infrastructure | 1.69% |
| NCNO | nCino Inc | Technology | Software - Application | 1.68% |
| APXT | Apex Technology Acquisition Corporation | Financial Services | Shell Companies | 1.67% |
| BOX | Box Inc | Technology | Software - Infrastructure | 1.66% |
| HUBS | HubSpot Inc | Technology | Software - Application | 1.64% |
| ZM | Zoom Video Communications Inc | Technology | Software - Application | 1.63% |
| AVDX_old | AVDX | Technology | Software - Infrastructure | 1.62% |
| RNG | Ringcentral Inc | Technology | Software - Application | 1.62% |