QQQN Profile
The VictoryShares Nasdaq Next 50 ETF aims to offer investors targeted exposure to a select group of large-cap companies that are positioned just outside the Nasdaq-100 Index. To achieve this, the fund invests at least 80% of its assets in the securities that comprise the underlying index. This strategic focus ensures that the majority of the fund’s investments are aligned with its goal of providing access to prominent firms within the Nasdaq Stock Market that are not included in the more widely known Nasdaq-100 Index.
The underlying index of the fund is specifically designed to identify the 50 largest nonfinancial companies, both domestic and international, that are listed on the Nasdaq Stock Market. These companies are selected based on their market capitalization, ensuring that the index captures significant players in the market while excluding those already part of the Nasdaq-100 Index. This approach provides investors with a unique opportunity to invest in influential firms that represent the next tier of market leadership.
The VictoryShares Nasdaq Next 50 ETF’s investment strategy focuses on companies that are poised for growth but are not yet part of the Nasdaq-100 Index. By targeting these large-cap firms, the fund aims to offer exposure to potential future leaders of the market, thereby capturing investment opportunities that may arise as these companies continue to evolve and expand. The fund’s emphasis on nonfinancial sectors further differentiates it from broader indices and aligns with investors seeking to diversify their portfolios beyond traditional financial sectors.
Overall, the VictoryShares Nasdaq Next 50 ETF provides a distinctive investment approach by focusing on a curated selection of large-cap companies outside the Nasdaq-100 Index. This targeted strategy not only offers potential growth opportunities but also helps investors gain exposure to a broader segment of the Nasdaq Stock Market. The fund's commitment to investing in significant, yet non-Nasdaq-100, companies positions it as an attractive option for those looking to capitalize on emerging market leaders.
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