NQQQX — Nasdaq-100 Index Fund
Data updated: 2026-07-30
NQQQX — Nasdaq-100 Index Fund. United States Large Cap Blend / Core Equity · $2.37B AUM · 0.27% expense ratio. Holdings, fees, performance and SEC filings.
NQQQX Fund Overview
NQQQX — Nasdaq-100 Index Fund is a US mutual fund managed by Shelton Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Shelton Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $2.37B
- Ticker: NQQQX
- SEC CIK: 0000778206
- SEC series ID: S000016026
- Share class ID: C000234798
NQQQX Investment Objective and Strategy
Nasdaq-100 Index Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Shelton Funds.
Investment objective
The Fund's investment objective is to attempt to replicate the performance of the largest non-financial companies as measured by the Nasdaq-100 Index.
Principal investment strategy
The Nasdaq-100 Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. Nasdaq, which maintains the index, makes all determinations regarding the inclusion of stocks in the index. Each stock is weighted in proportion to its total market value. The Fund is passively managed. It invests primarily in the stocks comprising the index so that the weighting of each stock in the portfolio approximates the index. Shelton Capital Management, the investment advisor to the Fund, seeks to maintain a return correlation of at least 0.95 to the Nasdaq 100 Index (a return correlation of 1.00 is perfect). Under normal market conditions, it is the Fund's policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in the stocks comprising the index.
The Fund may invest in securities issued by other investment companies if those companies invest in securities consistent with the Fund's investment objective and policies. Companies included in The Nasdaq-100 Index range from $3.7 billion to $896.1 billion in market capitalization as of December 20, 2017. The majority of portfolio transactions in the Fund (other than those made in response to shareholder activity) will be made to adjust the Fund's portfolio to track the Index or to reflect occasional changes in the Index's composition. The Fund may invest in futures contracts. The Fund generally maintains some short-term securities and cash equivalents in the portfolio to meet redemptions and needs for liquidity. Shelton will typically buy futures contracts so that the market value of the futures replicates the difference between the net assets of the fund and the equity holdings.
This helps minimize the tracking error of the Fund.
NQQQX Holdings
Top 10 holdings of Nasdaq-100 Index Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 8.09% |
| Apple, Inc. | 7.22% |
| Microsoft Corp. | 5.27% |
| Micron Technology, Inc. | 4.76% |
| Amazon.com, Inc. | 4.58% |
| Advanced Micro Devices, Inc. | 3.66% |
| Alphabet, Inc. | 3.49% |
| Tesla, Inc. | 3.43% |
| Broadcom, Inc. | 3.34% |
| Alphabet, Inc. | 3.23% |
NQQQX Portfolio Allocation
Asset-class allocation of Nasdaq-100 Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Derivatives | 0.4% |
| Fixed Income | 0.3% |
NQQQX Performance
Total returns for NQQQX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 20.0% |
| 1 year | 42.3% |
| 3 years (annualised) | 28.8% |
| 5 years (annualised) | 17.3% |
NQQQX Risk Information
Risk metrics for NQQQX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.0%
NQQQX Costs and Fees
NQQQX costs about $27 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.27%
- Gross expense ratio: 0.39%
- Portfolio turnover: 15%
- Brokerage commissions: 0.59 bps of average net assets (SEC N-CEN)
NQQQX Cashflows
Over the 12 months to 2026-05, Nasdaq-100 Index Fund had net outflows of $132.45M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$24.13M |
| 2026-04 | −$17.81M |
| 2026-03 | −$16.10M |
| 2026-02 | −$41.46M |
| 2026-01 | −$17.76M |
| 2025-12 | −$6.47M |
NQQQX Debt Constituents
Largest debt holdings of Nasdaq-100 Index Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 0.35% |
NQQQX Prospectus and SEC Filings
Official Nasdaq-100 Index Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-29
- Prospectus supplement (497) — filed 2025-12-31
- Prospectus supplement (497) — filed 2025-01-03
- Portfolio holdings (N-PORT) — filed 2026-07-30
- Portfolio holdings (N-PORT) — filed 2026-04-29
- Portfolio holdings (N-PORT) — filed 2026-01-29
- Annual census (N-CEN) — filed 2025-11-14
- Annual census (N-CEN) — filed 2024-11-14
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.