Bringing you live news and features since 2006 

VictoryShares launches Nasdaq next 50 ETF

RELATED TOPICS​

Victory Capital Holdings (Victory Capital) has launched the VictoryShares Nasdaq Next 50 ETF (QQQN), which is now trading on the Nasdaq Stock Market.QQQN offers exposure to the 50 stocks that are next in line for inclusion in the widely popular Nasdaq-100 Index (NDX) and seeks to provide investment results that track the performance of the Nasdaq Q-50 Index (NXTQ) before fees and expenses.

“We wanted to democratise access to an index of disruptive and innovative companies, helping to capture their potential early, well before they may grow to be tomorrow’s mega cap leaders,” says Mannik Dhillon, CFA, CAIA, President, VictoryShares and Solutions. “Our goal is to provide investors with cost-effective exposure to the next generation of innovators with the potential to graduate to the Nasdaq-100 Index.”

“Nasdaq is committed to creating powerful index strategies and methodologies that help investors access financial markets. This includes leveraging Nasdaq’s history of having the most innovative global companies listed on our exchange,” says Cameron Lilja, Vice President, and Head of Global Index Products at Nasdaq. “Our work with Victory Capital is essential in bringing groundbreaking ETF strategies to market through the VictoryShares platform.”

The Nasdaq Q-50 Index tracks the performance of the 50 securities that are next eligible for inclusion into the Nasdaq-100 Index. The Index includes the 50 largest, non-financial names ranked by market cap, that are not currently included in the Nasdaq-100 Index. The Nasdaq Q-50 Index has been live and proven for more than 10 years. Its methodology aligns with the innovation and growth focus behind the time-tested Nasdaq-100 Index, but with an emphasis on forward-thinking companies on the vanguard of market leadership and technological advancement.

Latest News

Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..
Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms reveals that the Tradeweb European ETF marketplace reached..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by