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SGI Enhanced Market Leaders ETF logo

SGI Enhanced Market Leaders ETF (LDRX)

ETF overview

LDRX aims to deliver comprehensive returns primarily from large-capitalization stocks, supplemented by a short-duration options strategy. Its investment focus is on established market-leading firms or those demonstrating enhanced business health and sound financials, specifically looking for stable earnings, appealing valuations, and prudent debt levels. To boost income, the fund sells deeply out-of-the-money call and put options, generally expiring within one to seven days, on major market benchmarks such as the S&P 500. This approach seeks to collect premiums from options contracts anticipated to expire unexercised, though it simultaneously curtails potential upward gains and exposes the portfolio to increased downside during turbulent periods. The portfolio may additionally include exchange-traded funds (ETFs) and short-term U.S. Treasury bonds as collateral, alongside generating extra revenue through securities lending. For defensive purposes, the entire asset base can be converted into cash. Prior to May 5, 2025, LDRX operated as the Chestnut Street Exchange Fund, a mutual fund, before its conversion into an ETF with an initial asset base of $166.93 million.

Websitesgiam.com
CountryUnited States of America
ExchangeNASDAQ
Trades inUSD
Current price
37.22 USD+0.73%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.50%
Fund assets
256.27M USD (all share classes)
Issuer
Summit Global Investments
Inception date
May 5, 2025
Number of holdings
117

Breakdown

Holdings (117)

NameTickerWeight
NVIDIA CorpNVDA10.78%
Apple IncAAPL10.14%
Microsoft CorpMSFT8.10%
Alphabet IncGOOGL7.79%
Amazon.com IncAMZN5.22%
Broadcom IncAVGO3.41%
Meta Platforms IncMETA3.30%
Micron Technology IncMU2.13%
Tesla IncTSLA2.03%
Eli Lilly & CoLLY1.97%
and 104 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

SGI Enhanced Market Leaders ETF (LDRX)

LDRX · NASDAQ
37.22 USD+0.73%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.50%
Fund assets
256.27M USD (all share classes)
Issuer
Summit Global Investments
Inception date
May 5, 2025
Number of holdings
117
Breakdown
Holdings (117)
NameTickerWeight
NVIDIA CorpNVDA10.78%
Apple IncAAPL10.14%
Microsoft CorpMSFT8.10%
Alphabet IncGOOGL7.79%
Amazon.com IncAMZN5.22%
Broadcom IncAVGO3.41%
Meta Platforms IncMETA3.30%
Micron Technology IncMU2.13%
Tesla IncTSLA2.03%
Eli Lilly & CoLLY1.97%
and 104 more
ETF overview

LDRX aims to deliver comprehensive returns primarily from large-capitalization stocks, supplemented by a short-duration options strategy. Its investment focus is on established market-leading firms or those demonstrating enhanced business health and sound financials, specifically looking for stable earnings, appealing valuations, and prudent debt levels. To boost income, the fund sells deeply out-of-the-money call and put options, generally expiring within one to seven days, on major market benchmarks such as the S&P 500. This approach seeks to collect premiums from options contracts anticipated to expire unexercised, though it simultaneously curtails potential upward gains and exposes the portfolio to increased downside during turbulent periods. The portfolio may additionally include exchange-traded funds (ETFs) and short-term U.S. Treasury bonds as collateral, alongside generating extra revenue through securities lending. For defensive purposes, the entire asset base can be converted into cash. Prior to May 5, 2025, LDRX operated as the Chestnut Street Exchange Fund, a mutual fund, before its conversion into an ETF with an initial asset base of $166.93 million.

Websitesgiam.com
CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

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