SGI Enhanced Nasdaq 100 ETF
$33.07−0.10 (−0.31%)
- 0.98%
- $87M
- +28.0%
- 14.68%
- 0M sh
- $33.23
- low $24.75high $33.91
The ETF.net QXQ Grade
C
Score 52 out of 100
- 15 of 31
Score 52 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F22 out of 100Rank 24 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 18 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 17 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 18 of 31
Our read on QXQ
CA boutique, actively managed take on Nasdaq-100 income: a manager decides which options to write instead of following a covered-call rulebook, and income lands quarterly. The discretion comes at the pricier end of the category.
The Fund seeks capital appreciation and current income. It is actively managed, invests at least 80% of its net assets in Nasdaq-100-related equity or index-replication instruments, and uses options strategies to generate income.
Why people hold it
- Actively managed rather than rules-based. The manager chooses the options, with at least 80% of net assets in Nasdaq-100 equity or index-replication instruments.
- Dual mandate stated plainly in the filings: capital appreciation plus current income. The options overlay supplements the Nasdaq-100 exposure rather than replacing it.
- Does what the label says. The portfolio and the options program line up closely with the Nasdaq-100 income mandate in its own documents.
Worth knowing
- At 0.98% a year, it sits above the roughly 0.68% median for Nasdaq-100 income funds, and well above peers like JEPQ, GPIQ and QQA near 0.35%.
- A small fund that trades thinly, so getting in and out can cost more than it does in the category's household names.
- Launched in 2024, so the live record is short, and income arrives quarterly rather than monthly. It currently sits in the lower half of its peer group.
QXQ Holdings
- Stocks
- 10
- 100%
- NASDAQ 100 E-MINI Dec26
Sectors
- Technology59.1%
- Communication12.7%
- Consumer Discretionary11.1%
- Consumer Staples6.2%
- Industrials4.1%
- Health Care4.0%
- Utilities1.1%
- Materials1.0%
- Energy0.5%
- Financials0.2%
QXQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
QXQ$12,799
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QXQ |
|---|---|
| Year to date | +21.7% |
| 1 month | +4.5% |
| 3 months | +3.3% |
| 1 year | +28.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QXQ |
|---|---|---|
| 2026 YTD | +21.7% | |
| 2025 | +19.7% | |
| 2024 | +9.6% |
QXQ in the news
QXQ Dividends
- 14.68%
- $4.87
- $0.08 per share
- Quarterly
Distribution history
QXQ Risk
- 17.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.00
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −22.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QXQ Cost
0.98%
QXQ0.98%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
22 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- BHEQQJPMorgan Nasdaq Hedged Equity Laddered Overlay ETFExpense ratio 0.50%1 year return +10.8%
- BQQQHNEOS Nasdaq-100 Hedged Equity Income ETFExpense ratio 0.68%1 year return +13.5%
- CCAIQCalamos Nasdaq Autocallable Income ETFExpense ratio 0.74%1 year return —
- CEDGQGlobal X Nasdaq-100 Income Edge ETFExpense ratio 0.53%1 year return —
- CQQQYDefiance Nasdaq 100 Weekly Distribution ETFExpense ratio 1.01%1 year return +24.9%