USAA NASDAQ-100 Index Fund

Frequently Asked Questions About USNQX

What does USNQX invest in?

The USAA NASDAQ-100 Index Fund aims to replicate the investment performance of the Nasdaq-100 Index, before accounting for its operating costs and charges. To achieve this, the fund's primary strategy is to consistently allocate a minimum of 80% of its total assets to the equity shares of companies that comprise the Nasdaq-100 Index, under typical market conditions. The Nasdaq-100 Index itself is composed of 100 prominent non-financial corporations, encompassing both U.S. and international entities, all listed on The Nasdaq Stock Market and selected based on their market capitalization. It is noteworthy that this fund operates as a non-diversified investment vehicle.

What is the expense ratio of USNQX?

USAA NASDAQ-100 Index Fund (USNQX) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations.

How big is USNQX?

USAA NASDAQ-100 Index Fund (USNQX) manages $9.63B 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 USNQX actively managed or an index fund?

USNQX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (USNQX's is 0.42%) because there's no security selection cost.

When was USNQX launched?

USAA NASDAQ-100 Index Fund (USNQX) launched in October 2000 and is managed by the fund issuer.

How has USNQX performed?

USNQX'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.