SGI Enhanced Nasdaq-100 ETF (QXQ) is an exchange-traded fund that seeks to provide enhanced exposure to the Nasdaq-100 Index through a combination of total return swap agreements and direct investments in the underlying index constituents. The fund offers investors leveraged daily performance targeting 150% of the Nasdaq-100 Index's daily return before fees and expenses; collateral management services; and options-based strategies for risk mitigation and income generation. It operates primarily in the United States market, targeting institutional and retail investors seeking amplified equity exposure in technology, consumer discretionary, and communication services sectors.
Headquartered in Wilmington, Delaware, the ETF was launched in 2024 by Strategic Gains Investments LLC (SGI), a boutique asset management firm specializing in enhanced beta and alternative ETF strategies with no reported parent company or major subsidiaries.
In recent developments, the fund underwent a ticker symbol change from its original designation to QXQ in mid-2025 to better align with SGI's branding for enhanced index products; announced a strategic partnership with a leading swap counterparty in October 2025 to improve liquidity and reduce tracking error; and expanded its collateral portfolio to include short-term U.S. Treasuries and high-grade corporate bonds following a $50 million seed capital infusion from institutional investors. These changes reflect SGI's focus on operational efficiency and product scalability amid growing demand for leveraged Nasdaq-100 exposure.