The Motley FoolT3·22mo ago
QXQ SGI Enhanced Nasdaq-100 ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
QXQ
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Key stats
About
SGI Enhanced Nasdaq-100 ETF (QXQ) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2024-06-13
- Has Options
- No
Fund profile
holdings as of May 31, 2026SEC filingthrough May 2026flows, SEC filings
- Expense ratio
- 0.98% prospectus, filed Jan 5, 2026
- Assets
- $92M SEC filing, May 31, 2026
- Trailing yield
- 15.08% paid quarterly
- Average daily volume
- $233K 30 sessions
- Holdings
- 7 top 10 are 72.2%
- Listed
- Jun 13, 2024 Nasdaq
Cost2
Liquidity12
Scale32
Diversification0
Moves with. US large-cap stocks (41% of its variance, beta 1.07); Value over growth (12% of its variance, beta -0.29); Emerging markets over US (7% of its variance, beta 0.23). These factors explain 60% of its daily moves over the last year.
Stated objective. The investment objective of the SGI Enhanced Nasdaq-100 ETF (the Fund) is to seek capital appreciation and current income. (from the fund's prospectus)
Fund flows
through May 2026SEC filings- May 2026
- +$2.2M latest reported month
- Latest 3 months
- +$6.4M +6.9% of assets
- Latest 12 months
- +$46M +49.9% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$2.2M |
| Apr 2026 | +$792K |
| Mar 2026 | +$3.4M |
| Feb 2026 | +$13M |
| Jan 2026 | +$2.5M |
| Dec 2025 | +$11M |
| Nov 2025 | +$3.3M |
| Oct 2025 | +$5.1M |
| Sep 2025 | +$2.2M |
| Aug 2025 | +$1.6M |
| Jul 2025 | +$433K |
| Jun 2025 | +$955K |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 24 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| FNDXSchwab Fundamental U.S. Large Company ETF | — | 0.25% | $28.3B | +23.5% | compare |
| RWLInvesco S&P 500 Revenue ETF | — | 0.39% | $10.2B | +21.3% | compare |
| PRFInvesco RAFI US 1000 ETF | — | 0.34% | $10.1B | +23.8% | compare |
| VLUEiShares MSCI USA Value Factor ETF | — | 0.15% | $9.1B | +52.8% | compare |
| FNDASchwab Fundamental U.S. Small Company ETF | — | 0.25% | $8.8B | +15.2% | compare |
The largest other funds in the Multi-Factor category.
What changed in the portfolio
Feb 28, 2026 → May 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | QQQInvesco QQQ Trust Series 1 | — | 2.40% | — |
1 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 44.7%. Full holdings and history
ETF Profile
holdings as of 2026-05-31
Holdings
7
AUM
$67.2M
Provider
Nport
Inception
2024-06-13
Exchange
XNAS
Data As Of
2026-05-31
Expense Ratio
0.98%
Dividend Yield
15.08%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-28 | 2026-09-29 | $0.0800 | CD |
| 2026-06-29 | 2026-06-30 | $0.0800 | CD |
| 2026-03-30 | 2026-03-31 | $0.0600 | CD |
| 2025-12-23 | 2025-12-24 | $4.6497 | CD |
| 2025-09-26 | 2025-09-29 | $0.1100 | CD |
| 2025-06-26 | 2025-06-27 | $0.0873 | CD |
Asset Allocation
Top Holdings
top 7 of 7 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | TREASURY BILL | 52.88% | Debt | US |
| — | N/A | 16.92% | Derivative (equity) | US |
| QQQ | Invesco QQQ Trust Series 1 | 2.40% | Equity (common) | US |
| — | First American Government Obli | 0.54% | Short-term investment | US |
| — | N/A | 0.01% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
| — | N/A | -0.00% | Derivative (equity) | US |
Non-Equity Breakdown
SGI Enhanced 100 ETF ·
NPORT-P period 2026-05-31
(filed 2026-07-28)
Net assets:
$92M
· 7 total positions
· equity 2.40%
· non-equity 70.35%
Non-equity holdings
— 6 positions,
70.35% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| US Treasury | 52.88% | $48.8M | 1 |
| Derivative (equity) | 16.93% | $15.6M | 4 |
| Short-term investment | 0.54% | $502147 | 1 |
Chart
Seasonality
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -- | 2.33% | 1.22% | 1.77% |
| Feb | -- | -1.52% | -2.95% | -2.24% |
| Mar | -- | -5.90% | -5.79% | -5.85% |
| Apr | -- | -2.20% | 14.62% | 6.21% |
| May | -- | 8.04% | 9.46% | 8.75% |
| Jun | 0.20% | 5.35% | -1.05% | 1.50% |
| Jul | -0.65% | 3.47% | -5.44% | -0.87% |
| Aug | 2.75% | 3.01% | 2.65% | 2.80% |
| Sep | 5.18% | 6.15% | 4.70% | 5.34% |
| Oct | 1.26% | 4.61% | -4.50%* | 0.46% |
| Nov | 5.11% | -1.73% | -- | 1.69% |
| Dec | -2.23% | -14.25% | -- | -8.24% |
| Total | 11.95% | 5.28% | 11.51% | 9.58% |
* Only 3 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $32.80
SMA 50: $32.31
SMA 200: $30.13
Current: $31.54
EMA 12: $32.33
EMA 26: $32.47
MACD: -0.1425 | Signal: -0.2064
BULLISH
ADX (14): 21.52
WEAK TREND
+DI: 19.62
−DI: 44.08
Momentum Oscillators
RSI (14): 38.67
NEUTRAL
Stoch %K: 17.78
Stoch %D: 17.53
Williams %R: -95.18
Volume & Volatility
BB Upper: $34.14
BB Lower: $31.46
NEUTRAL
OBV: 192,286
Vol SMA 20: 6,872
Vol ROC: -79.53%
ATR: $0.45
True Range: $0.87
HV 20: 18.2%
HV 30: 19.1%
HV 60: 18.8%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: QXQ
Executive Summary
- Overall assessment: BEARISH (confidence level: 6/10)
- Key drivers:
- Overbought RSI reading
- Bullish MACD signal, but recent price action has diverged from the indicator
- High volatility and beta
- Primary risks:
- Technical breakdown if RSI corrects back to neutral levels
- Earnings miss or negative news sentiment could exacerbate the bearish trend
- 2-3 sentence investment thesis: QXQ is likely to experience a short-term pullback due to overbought technical conditions, and investors should consider reducing exposure until more favorable price levels emerge.
- Recent news sentiment impact: The negative news headline about the stock market crash after the Fed cut interest rates has weighed on sentiment.
Technical Analysis
- Trend Direction: Short-term: Bearish (1-2 weeks), Medium-term: Neutral (1-3 months), Long-term: Bullish (6-12 months)
- Support/Resistance Levels:
- Resistance: $33.29 (upper Bollinger Band)
- Support: $31.72 (SMA 20) and $30.16 (lower Bollinger Band)
- Momentum Signals:
- RSI interpretation: Overbought (>70), potentially signaling a pullback
- MACD signal: Bullish, but recent price action has diverged from the indicator
- Bollinger Bands position: Neutral, indicating no clear trend or momentum
- Volume Analysis:
- Volume trends: Lower than average volume in recent days
- Institutional interest signals: No notable buying or selling pressure
News & Sentiment Analysis
- Recent Headlines Summary: Key themes from last 10 news articles are negative due to the stock market crash and potential earnings misses.
- Sentiment Assessment: Aggregate news sentiment is NEGATIVE (negative headlines outweigh positive ones)
- Catalyst Identification: No upcoming events or regulatory changes to significantly impact QXQ's price action
- Market Narrative: News sentiment contradicts the bullish MACD signal, suggesting a potentially bearish correction
Risk & Volatility Assessment
- Beta Interpretation: High risk relative to market (beta >1.24)
- Volatility Regime: Current volatility is high compared to historical levels
- Options Market Signals: No options data available
- Downside Protection: Support levels and risk management considerations: $31.72 (SMA 20) and $30.16 (lower Bollinger Band)
Market Context & Positioning
- Sector Performance: QXQ's sector is performing similarly to the overall market
- Institutional Activity: No notable institutional buying or selling pressure
- Correlation Analysis: QXQ has a moderate correlation with the broader market (R-squared: 0.68)
- Relative Valuation: QXQ is trading at the upper end of its recent range
Key Levels & Action Items
- Critical Price Levels: Support/resistance to monitor: $33.29, $31.72, and $30.16
- Breakout/Breakdown Levels: Technical levels that could trigger significant moves: SMA 20 ($31.72) and lower Bollinger Band ($30.16)
- Time-Sensitive Catalysts: No immediate catalysts; focus on earnings and news developments
- Risk Management: Stop-loss levels and position sizing considerations: Monitor price action and adjust stops accordingly
Note: As the technical indicators suggest a potential pullback, investors may want to consider reducing exposure or hedging their positions.
Generated
News
All QXQ news →
QXQ Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 1.3919
Alpha: -16.19%
Correlation: 0.7309
R-Squared: 53.4%
Stock Volatility: 24.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
High volatility - stock moves more than market
Beta & Alpha Over Time
QXQ Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
QXQ Constituent Performance
Click any bar to view the full quote for that stock.
QXQ Constituents (1 of 1)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| QQQ | Invesco QQQ Trust Series 1 | 2.40% | $709.41 | -2.18% | -2.55% | -4.28% |