- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 15935 La Cantera Parkway San Antonio TX United States of America 78256
- IPO Date
- Sep 10, 2020
- Business
- VictoryShares Nasdaq Next 50 ETF (QQQN) is an exchange-traded fund that seeks to track the performance of the Nasdaq Next 50 Index (NXTQ), comprising the 50 largest non-financial companies listed on the Nasdaq Stock Market that fall outside the Nasdaq-100 Index; it employs a full replication strategy to invest in growth and value stocks across sectors including technology services, electronic technology, health technology, consumer services, retail trade, transportation, producer manufacturing, commercial services, non-energy minerals, utilities, and consumer non-durables, with approximately 55 holdings where large-cap stocks represent over 98% of assets. The ETF, launched on September 10, 2020, and managed by Victory Capital Management Inc. under the VictoryShares platform, offers investors exposure to the next generation of Nasdaq-listed innovators, primarily U.S.-based companies with select international holdings in Ireland, Israel, China, Netherlands, France, and Germany; it features a net expense ratio of 0.18%, assets under management of approximately $28 million, and a dividend yield of 0.85%. Headquartered in San Antonio, Texas, Victory Capital oversees the VictoryShares lineup as part of its broader offerings in ETFs, mutual funds, and other investment products distributed globally.
In recent developments, Victory Capital has expanded the VictoryShares ETF platform through multiple launches, including three new ETFs in 2025—VictoryShares Pioneer Asset-Based Income ETF (ABI), VictoryShares International Free Cash Flow ETF (IFLO), and VictoryShares International Free Cash Flow Growth ETF (GRIN)—bringing the total to 26 funds with over $14 billion in AUM as of May 2025, following the integration of its newest Investment Franchise, Pioneer Investments, via acquisition. Earlier in June 2024, the firm added two active ETFs, VictoryShares WestEnd Global Leaders ETF (GLOW) and VictoryShares WestEnd Economic Cycle Bond ETF (BMDL), increasing the lineup to 27 offerings focused on innovative portfolio solutions. Notably, in December 2025, Victory Portfolios II announced the liquidation of select VictoryShares ETFs including BMDL, VictoryShares Hedged Equity Income ETF (HEJD), and VictoryShares International Volatility Weighted ETF (CIL), with trading ceasing on January 29, 2026, and liquidation on or about February 4, 2026, as part of ongoing product lineup reviews to align with client needs; QQQN remains active with recent trading at $31.65 and a one-year return of 36% as of late 2025.