USAA NASDAQ-100 Index
- USNQX
- Price as of: Nov 27, 2020
-
$34.05
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- Victory Capital
- Share Class
USNQX - Snapshot
Vitals
- YTD Return 41.0%
- 3 Yr Annualized Return 21.7%
- 5 Yr Annualized Return 19.7%
- Net Assets $3.15 B
- Holdings in Top 10 55.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.48%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 9.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $3,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
USNQX - Profile
Distributions
- YTD Total Return 41.0%
- 3 Yr Annualized Total Return 21.7%
- 5 Yr Annualized Total Return 19.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.63%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameUSAA Nasdaq 100 Index Fund
-
Fund Family NameUSAA
-
Inception DateOct 27, 2000
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWasif Latif
Fund Description
The fund's principal investment strategy is, under normal market conditions, to invest at least 80% of the fund's assets in the common stocks of companies composing the Nasdaq-100 Index. The Nasdaq-100 Index composed of 100 of the largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization. The fund is non-diversified.
USNQX - Performance
Return Ranking - Trailing
| Period | USNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 41.0% | -68.2% | 124.1% | 15.81% |
| 1 Yr | 37.5% | -9.0% | 135.4% | 16.72% |
| 3 Yr | 21.7%* | -3.8% | 41.0% | 9.75% |
| 5 Yr | 19.7%* | -10.6% | 33.4% | 7.29% |
| 10 Yr | 18.6%* | 5.1% | 22.1% | 3.30% |
* Annualized
Return Ranking - Calendar
| Period | USNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 37.6% | -28.8% | 76.0% | 2.09% |
| 2018 | -1.1% | -64.5% | 10.6% | 6.12% |
| 2017 | 29.7% | -68.7% | 64.3% | 6.64% |
| 2016 | 6.2% | -56.6% | 15.3% | 12.75% |
| 2015 | 6.2% | -82.5% | 11.4% | 4.93% |
Total Return Ranking - Trailing
| Period | USNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 41.0% | -68.4% | 124.1% | 15.66% |
| 1 Yr | 37.5% | -12.7% | 133.0% | 15.73% |
| 3 Yr | 21.7%* | -5.7% | 41.0% | 9.55% |
| 5 Yr | 19.7%* | -11.6% | 33.4% | 7.05% |
| 10 Yr | 18.6%* | 5.1% | 22.1% | 3.31% |
* Annualized
Total Return Ranking - Calendar
| Period | USNQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 37.6% | -28.8% | 76.0% | 2.09% |
| 2018 | -1.1% | -64.5% | 16.5% | 17.07% |
| 2017 | 29.7% | -24.8% | 64.3% | 28.10% |
| 2016 | 6.2% | -56.6% | 17.1% | 22.40% |
| 2015 | 6.2% | -38.0% | 17.3% | 20.49% |
NAV & Total Return History
USNQX - Holdings
Concentration Analysis
| USNQX | Category Low | Category High | USNQX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.15 B | 10.3 K | 218 B | 35.10% |
| Number of Holdings | 106 | 1 | 2364 | 25.47% |
| Net Assets in Top 10 | 1.83 B | 425 K | 89.8 B | 33.28% |
| Weighting of Top 10 | 55.84% | 10.5% | 100.0% | 8.37% |
Top 10 Holdings
- Apple Inc 13.32%
- Microsoft Corp 10.70%
- Amazon.com Inc 10.60%
- Facebook Inc A 4.23%
- Tesla Inc 3.43%
- Alphabet Inc A 3.40%
- Alphabet Inc Class C 3.30%
- NVIDIA Corp 2.86%
- Intel Corp 2.44%
- Adobe Inc 2.02%
Asset Allocation
| Weighting | Return Low | Return High | USNQX % Rank | |
|---|---|---|---|---|
| Stocks | 99.61% | 48.25% | 116.73% | 28.24% |
| Cash | 0.39% | -12.08% | 51.74% | 66.20% |
| Preferred Stocks | 0.00% | 0.00% | 2.39% | 49.49% |
| Other | 0.00% | -17.43% | 18.94% | 53.58% |
| Convertible Bonds | 0.00% | 0.00% | 6.97% | 43.28% |
| Bonds | 0.00% | -0.42% | 9.62% | 44.25% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | USNQX % Rank | |
|---|---|---|---|---|
| Technology | 44.70% | 0.00% | 53.57% | 1.46% |
| Communication Services | 19.88% | 0.00% | 67.67% | 8.32% |
| Consumer Cyclical | 18.75% | 0.00% | 48.24% | 24.53% |
| Healthcare | 6.94% | 0.00% | 69.42% | 93.58% |
| Consumer Defense | 4.59% | 0.00% | 19.68% | 37.81% |
| Industrials | 2.53% | 0.00% | 29.16% | 82.92% |
| Financial Services | 2.00% | 0.00% | 41.61% | 94.89% |
| Utilities | 0.61% | 0.00% | 11.79% | 24.82% |
| Real Estate | 0.00% | 0.00% | 23.28% | 88.69% |
| Energy | 0.00% | 0.00% | 19.81% | 65.69% |
| Basic Materials | 0.00% | 0.00% | 13.33% | 83.36% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | USNQX % Rank | |
|---|---|---|---|---|
| US | 96.83% | 46.80% | 116.11% | 29.34% |
| Non US | 2.78% | 0.00% | 36.31% | 61.39% |
USNQX - Expenses
Operational Fees
| USNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.48% | 0.01% | 23.28% | 90.95% |
| Management Fee | 0.20% | 0.00% | 1.50% | 4.81% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.15% | 0.01% | 1.02% | 74.53% |
Sales Fees
| USNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| USNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| USNQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.00% | 0.00% | 464.00% | 5.81% |
USNQX - Distributions
Dividend Yield Analysis
| USNQX | Category Low | Category High | USNQX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.94% | 45.36% |
Dividend Distribution Analysis
| USNQX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
| USNQX | Category Low | Category High | USNQX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.63% | -8.87% | 2.43% | 17.81% |
Capital Gain Distribution Analysis
| USNQX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 28, 2018 | $0.115 |
| Dec 28, 2017 | $0.083 |
| Dec 29, 2016 | $0.069 |
| Dec 30, 2015 | $0.080 |
| Dec 30, 2014 | $0.026 |
| Dec 30, 2013 | $0.029 |
| Dec 28, 2012 | $0.064 |
| Dec 30, 2010 | $0.009 |
| Jan 20, 2005 | $0.018 |
| Dec 14, 2001 | $0.002 |
USNQX - Fund Manager Analysis
Managers
Wasif Latif
Start Date
Tenure
Tenure Rank
Jul 01, 2019
1.34
1.3%
Wasif A. Latif, Head of Investments, VictoryShares and Solutions, has co-managed the Fund since July 2019. He is Head of Global Multi-Assets for USAA Asset Management Company and he has worked for the firm since June 2006. Prior to joining USAA Asset Management Company, he was an equity portfolio manager at Deutsche Bank Private Wealth Management (DB PWM) from December 1998 to May 2006, where he was responsible for managing two fund-of-fund products and an international equity fund. Latif was also a member of DB PWM's U.S. Investment Committee responsible for covering the international equity and emerging markets asset classes. Mr. Latif holds a B.S. in finance from University of Indianapolis and a M.B.A. from University of Illinois at Chicago.
Mannik Dhillon
Start Date
Tenure
Tenure Rank
Jul 01, 2019
1.34
1.3%
Mannik S. Dhillon serves as President of VictoryShares and Solutions for Victory Capital. In his role, he leads and oversees the firms' exchange-traded and solutions business. He is also responsible for setting the strategy and initiating the development and implementation of Victory's strategic beta-based offerings. Additionally, he manages the solutions provided by our investment franchises, which includes product enhancements, extensions and innovations designed to best meet the needs of clients. Mr. Dhillon also contributes to the evaluation of capabilities of potential new franchises as part of the firm's acquisition strategy.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 52.87 | 7.74 | 0.83 |