NVQ - Qraft Ai-Enhanced US Next Value ETF

NVQ Stock Chart

NVQ Profile

The Qraft Ai-Enhanced US Next Value ETF (NVQ) is an exchange-traded fund that seeks to track the performance of the Qraft Ai-Enhanced US Next Value Index. This index uses a quantitative model that incorporates artificial intelligence to identify stocks with value characteristics such as low price-to-earnings and price-to-book ratios, high dividend yields, and high earnings growth expectations. The index then screens for companies that have strong momentum and positive sentiment signals from news articles and social media.

NVQ's investment objective is to provide exposure to US companies with a focus on value and momentum factors. The ETF invests in large and mid-cap US companies across various sectors. The fund uses a rules-based approach that combines fundamental and quantitative analysis to select stocks with a potential for capital appreciation. NVQ has an expense ratio of 0.75% and trades on the NASDAQ exchange.

As of March 23, 2023, the top holdings of NVQ include Intel Corp, International Business Machines Corp, Chevron Corp, Caterpillar Inc, and Ford Motor Co. The fund has a diversified portfolio, with over 200 holdings, and a weighted average market capitalization of $67.5 billion. NVQ has returned approximately 19.3% year-to-date and has a dividend yield of 0.95%. It is important to note that past performance is not indicative of future results, and investors should conduct their own research and consult with a financial advisor before making any investment