ETF overview
TUGN uses a proprietary algorithm to allocate equities tracking the NASDAQ 100 Index, long-duration US Treasurys, and money market instruments. It also employs an option spread strategy to improve yields and returns. The Adviser uses the Tactical Unconstrained Growth model (TUG), which mostly uses quantitative factors that consider asset class, rates of change in correlation, and market volatility, in assessing which allocation will provide the best opportunity for growth given the prevailing market conditions. The options overlay strategy will sell call options on the Nasdaq 100 Index on up to 100% of the value of the equity securities held by the fund to generate a premium, while simultaneously reinvesting a portion of such premium to buy Nasdaq 100 call options. The Fund may engage in active and frequent trading which results in high portfolio turnover.
Fund facts
- Expense ratio
- 0.65%
- Fund assets
- 92.7M USD (all share classes)
- Issuer
- Shelton Capital
- Inception date
- May 18, 2022
- Number of holdings
- 98
Breakdown
Holdings (98)
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc | AAPL | 8.35% |
| NVIDIA Corp | NVDA | 7.21% |
| Microsoft Corp | MSFT | 6.65% |
| Amazon.com Inc | AMZN | 4.30% |
| Micron Technology Inc | MU | 4.21% |
| Meta Platforms Inc | META | 3.91% |
| Advanced Micro Devices Inc | AMD | 3.69% |
| Alphabet Inc | GOOGL | 3.36% |
| Alphabet Inc | GOOG | 3.08% |
| Tesla Inc | TSLA | 2.89% |
| and 85 more | ||
Similar ETFs
- Invesco NASDAQ 100 ETFQQQM · Overlap 89% · Expense ratio 0.15%
- iShares Nasdaq 100 ETFIQQ · Overlap 88% · Expense ratio 0.12%
- State Street SPDR Portfolio Nasdaq 100 ETFQNDX · Overlap 88% · Expense ratio 0.10%
- Invesco QQQ Trust, Series 1QQQ · Overlap 88% · Expense ratio 0.18%
- Invesco ESG NASDAQ 100 ETFQQMG · Overlap 85% · Expense ratio 0.20%
- BMO NASDAQ 100 Equity Hedged to CAD Index ETFZQQ.TO · Overlap 88% · Expense ratio 0.39%
- BMO NASDAQ 100 Equity Index ETFZNQ.TO · Overlap 88% · Expense ratio 0.39%
- Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Overlap 88% · Expense ratio 0.30%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.65%
- Fund assets
- 92.7M USD (all share classes)
- Issuer
- Shelton Capital
- Inception date
- May 18, 2022
- Number of holdings
- 98
| Name | Ticker | Weight |
|---|---|---|
| Apple Inc | AAPL | 8.35% |
| NVIDIA Corp | NVDA | 7.21% |
| Microsoft Corp | MSFT | 6.65% |
| Amazon.com Inc | AMZN | 4.30% |
| Micron Technology Inc | MU | 4.21% |
| Meta Platforms Inc | META | 3.91% |
| Advanced Micro Devices Inc | AMD | 3.69% |
| Alphabet Inc | GOOGL | 3.36% |
| Alphabet Inc | GOOG | 3.08% |
| Tesla Inc | TSLA | 2.89% |
| and 85 more | ||
TUGN uses a proprietary algorithm to allocate equities tracking the NASDAQ 100 Index, long-duration US Treasurys, and money market instruments. It also employs an option spread strategy to improve yields and returns. The Adviser uses the Tactical Unconstrained Growth model (TUG), which mostly uses quantitative factors that consider asset class, rates of change in correlation, and market volatility, in assessing which allocation will provide the best opportunity for growth given the prevailing market conditions. The options overlay strategy will sell call options on the Nasdaq 100 Index on up to 100% of the value of the equity securities held by the fund to generate a premium, while simultaneously reinvesting a portion of such premium to buy Nasdaq 100 call options. The Fund may engage in active and frequent trading which results in high portfolio turnover.
- Invesco NASDAQ 100 ETFQQQM · Overlap 89% · Expense ratio 0.15%
- iShares Nasdaq 100 ETFIQQ · Overlap 88% · Expense ratio 0.12%
- State Street SPDR Portfolio Nasdaq 100 ETFQNDX · Overlap 88% · Expense ratio 0.10%
- Invesco QQQ Trust, Series 1QQQ · Overlap 88% · Expense ratio 0.18%
- Invesco ESG NASDAQ 100 ETFQQMG · Overlap 85% · Expense ratio 0.20%
- BMO NASDAQ 100 Equity Hedged to CAD Index ETFZQQ.TO · Overlap 88% · Expense ratio 0.39%
- BMO NASDAQ 100 Equity Index ETFZNQ.TO · Overlap 88% · Expense ratio 0.39%
- Invesco EQQQ Nasdaq-100 UCITS ETF AccEQAC.SW · Overlap 88% · Expense ratio 0.30%
Overlap is the share of assets the two funds hold in common.
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