QXQSGI Enhanced Nasdaq-100 ETF
Seeks capital appreciation and current income.
By Summit Global Investments · Launched 2024
0.98%
#4,864 of 5,573 · expensive
$92M
#3,032 of 5,573 · mid-size
0.92%
2 years
#3,632 of 5,573 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 8 holdings = 41.9% of fundmoderately concentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks capital appreciation and current income.
- Strategy
- Actively managed, invests in high-yield short-term money market and fixed-income instruments. Utilizes short-term options strategies to generate income, while holding U.S. Treasury securities for collateral.
- Inception date
- June 13, 2024
- Fund family
- Summit Global Investments
Similar funds
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-20