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Launched

SGI Enhanced Nasdaq 100 ETF

QXQNasdaqSummit Global InvestmentsC

$30.33−0.47 (−1.52%)

At close: Nov 2, 2026, 4:00 PM ET

C51/ 100

Rank 19 of 31 in Nasdaq-100 Option Income

C51/100Rank 19 of 31inNasdaq-100 Option Income
Intraday session: down, 79 prints from 30.80 to 30.33. Range 30.32 to 31.72. Use the arrow keys to read each point.30.5031.0031.2531.5031.7510 AM12 PM2 PM4 PM
Expense ratio
0.98%
Fund size
$82M
1Y total return
+11.1%
Yield · Last 12 months
15.81%
Holdings
10
Avg volume · 30D
12K sh
52W range
low $24.75high $33.91
Launched

The ETF.net QXQ Grade

Based on 5 of 6 pillars

C

Score 51 out of 100

Category
Nasdaq-100 Option Income⁠
Rank
19 of 31
Six-pillar profile for QXQ. Scores out of 100: Cost 22, Risk 39, Mission 100, Tradability 44, Holdings not scored, Durability 49. Strongest: Mission (100). Weakest: Cost (22). Based on 5 of 6 pillars.

Score 51 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 100
    Rank 24 of 31

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 20

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D39 out of 100
    Rank 22 of 31

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 17 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 19 of 31

Our read on QXQ

ETF.net Research

In short

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.

Stated mandate

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 Performance

Launched Jun 14, 2024

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$11,112
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. QXQ $11,112. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for QXQ. Periods over one year show the average yearly return.
PeriodQXQ
Year to date+12.9%
1 month−6.5%
3 months+1.0%
1 year+11.1%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for QXQ
YearReturn barQXQ
2026 YTD+12.9%
2025+19.7%
2024+9.6%

Since listing, Jun 14, 2024

QXQ in the news

QXQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
15.81%Last 12 months
Payout per share
$4.87Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 9 payments from 2024 to 2026 YTD. Oct 1, 2024 $0.05; Dec 30, 2024 $0.48; Mar 27, 2025 $0.15; Jun 26, 2025 $0.09; Sep 26, 2025 $0.11; Dec 23, 2025 $4.65; Mar 30, 2026 $0.06; Jun 29, 2026 $0.08; Sep 28, 2026 $0.08. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 29, 2026$0.08
Jun 29, 2026Jun 30, 2026$0.08
Mar 30, 2026Mar 31, 2026$0.06
Dec 23, 2025Dec 24, 2025$4.65
Sep 26, 2025Sep 29, 2025$0.11
Jun 26, 2025Jun 27, 2025$0.09
Mar 27, 2025Mar 28, 2025$0.15
Dec 30, 2024Dec 31, 2024$0.48
Oct 1, 2024Oct 2, 2024$0.05

$10,000 in QXQ 1 year ago paid $1,494 in dividends.

QXQ Risk

Risk pillarD39 out of 100Rank 22 of 31 in Nasdaq-100 Option Income
How much the fund’s monthly returns vary, scaled to a year.
18.3%
Annualised · 28 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.78
vs 3-month T-bills · 28 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−22.5%
28 months · trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
1.45
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

QXQ Cost

Compare QXQ and EDGQ

Overpaying vs EDGQ, cheapest in Nasdaq-100 Option Income

$18,362

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • QXQ 0.98%

    $18,362

  • EDGQ 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • QXQ 0.98%
  • EDGQ 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QXQ $18,362EDGQ $0

Year by year

YearQXQEDGQOverpaying
10$1,729$0$1,729
20$6,504$0$6,504
30$18,362$0$18,362

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