# SGI Enhanced Nasdaq 100 ETF (QXQ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/qxq for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Summit Global Investments · Asset class: Equity - Strategy: Actively Managed · Inception: 2024-06-14 QXQ operates as an actively managed fund with the dual objective of fostering capital growth and generating consistent income. It achieves this by maintaining a dynamic portfolio primarily composed of Nasdaq-100 constituent stocks and employing a strategic options selling approach. The fund's investments can span various instruments, including direct equity holdings, options contracts, or exchange-traded funds designed to mirror the performance of the Nasdaq-100 Index. Its equity allocations may encompass a diverse range of securities, such as common and preferred shares, warrants, converti... ## Key Facts | Metric | Value | |---|---| | Price | $32.12 | | Expense Ratio | 0.98% | | Assets Under Management | $83.0M | | NAV | $31.68 | | Holdings Count | 0 | | Distribution Yield (TTM) | 15.16% | | Annual Distribution (TTM) | $4.87 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $24.75 – $33.91 | | Beta | 1.45 | ## Latest Distribution - Amount: $0.0800 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does QXQ invest in? QXQ operates as an actively managed fund with the dual objective of fostering capital growth and generating consistent income. It achieves this by maintaining a dynamic portfolio primarily composed of Nasdaq-100 constituent stocks and employing a strategic options selling approach. The fund's investments can span various instruments, including direct equity holdings, options contracts, or exchange-traded funds designed to mirror the performance of the Nasdaq-100 Index. Its equity allocations may encompass a diverse range of securities, such as common and preferred shares, warrants, convertible instruments, futures, forwards, and other options. To secure a higher yield than conventional option-based strategies, QXQ primarily focuses on issuing short-term options. These short-duration options are typically more effective at generating income over a specific timeframe compared to their longer-dated counterparts. The put-and-call options strategy involves selecting strike prices that are significantly out-of-the-money and possess very brief expiration periods, generally ranging from one to seven days. This selection process often leverages insights derived from the S&P 500 Index or other broad market benchmarks. A potential drawback of this strategy, however, is that it may restrict the fund's ability to fully capitalize on substantial gains if the underlying assets experience significant appreciation. Furthermore, the fund has the capacity to utilize short-term U.S. Treasury securities as collateral and may participate in securities lending activities. ### What is the expense ratio of QXQ? SGI Enhanced Nasdaq 100 ETF (QXQ) charges an expense ratio of 0.98%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is QXQ? SGI Enhanced Nasdaq 100 ETF (QXQ) manages $83.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is QXQ actively managed or an index fund? QXQ is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (QXQ's is 0.98%) in exchange for the discretion to over- or under-weight positions. ### When was QXQ launched? SGI Enhanced Nasdaq 100 ETF (QXQ) launched in June 2024 and is managed by Summit Global Investments. ### How has QXQ performed? QXQ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does QXQ pay a dividend? SGI Enhanced Nasdaq 100 ETF (QXQ) currently distributes little or no income. Trailing-twelve-month yield is 15.16%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does QXQ pay dividends? SGI Enhanced Nasdaq 100 ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is QXQ's dividend yield? QXQ's trailing-twelve-month yield is 15.16%, calculated from the sum of dividends over the past year divided by the current price. ### When is QXQ's next ex-dividend date? The most recently announced ex-dividend date for QXQ was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will QXQ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.98% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does QXQ charge its expense ratio? The expense ratio is deducted in tiny daily slices from QXQ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does QXQ cost more than a fund like VOO? QXQ is actively managed (current expense ratio 0.98%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether QXQ's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to QXQ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as QXQ (0.98%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/qxq - Distribution history: https://www.dividenddata.com/funds/qxq/dividend - Holdings & diversification: https://www.dividenddata.com/funds/qxq/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/qxq/expenses - Peer comparison: https://www.dividenddata.com/funds/qxq/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.