USNQX: USAA NASDAQ-100 Index

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USNQX USAA NASDAQ-100 Index


Profile

USNQX - Profile

Vitals

  • YTD Return 25.7%
  • 3 Yr Annualized Return 21.9%
  • 5 Yr Annualized Return 19.5%
  • Net Assets $3.48 B
  • Holdings in Top 10 54.2%

52 WEEK LOW AND HIGH

$30.62
$19.54
$34.77

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


Distributions

  • YTD Total Return 25.7%
  • 3 Yr Annualized Total Return 21.9%
  • 5 Yr Annualized Total Return 19.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    USAA Nasdaq 100 Index Fund
  • Fund Family Name
    USAA
  • Inception Date
    Oct 27, 2000
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wasif 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.


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Categories

Performance

USNQX - Performance

Return Ranking - Trailing

Period USNQX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.7% -91.6% 77.8% 14.26%
1 Yr 39.4% -92.0% 95.9% 6.10%
3 Yr 21.9%* -59.0% 37.2% 2.59%
5 Yr 19.5%* -41.4% 31.7% 0.85%
10 Yr 17.5%* -18.4% 17.5% 0.13%

* Annualized

Return Ranking - Calendar

Period USNQX Return Category Return Low Category Return High Rank in Category (%)
2019 37.6% -67.9% 49.9% 1.34%
2018 -1.1% -65.5% 10.6% 5.58%
2017 29.7% -46.3% 52.2% 4.77%
2016 6.2% -56.6% 15.3% 12.82%
2015 6.2% -82.5% 11.4% 3.70%

Total Return Ranking - Trailing

Period USNQX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.7% -91.6% 77.8% 14.26%
1 Yr 39.4% -92.0% 95.9% 6.10%
3 Yr 21.9%* -57.9% 37.2% 5.18%
5 Yr 19.5%* -38.8% 31.7% 3.31%
10 Yr 17.5%* -17.0% 21.2% 3.32%

* Annualized

Total Return Ranking - Calendar

Period USNQX Return Category Return Low Category Return High Rank in Category (%)
2019 37.6% -67.9% 49.9% 1.34%
2018 -1.1% -65.5% 16.5% 17.39%
2017 29.7% -28.2% 52.2% 27.27%
2016 6.2% -56.6% 17.1% 22.60%
2015 6.2% -38.0% 17.3% 20.08%

NAV & Total Return History


Holdings

USNQX - Holdings

Concentration Analysis

USNQX Category Low Category High USNQX % Rank
Net Assets 3.48 B 818 K 235 B 33.41%
Number of Holdings 107 1 2263 23.71%
Net Assets in Top 10 1.6 B 399 K 71.6 B 32.12%
Weighting of Top 10 54.16% 13.5% 100.0% 9.77%

Top 10 Holdings

  1. Apple Inc 11.96%
  2. Microsoft Corp 11.67%
  3. Amazon.com Inc 10.41%
  4. Facebook Inc A 4.13%
  5. Alphabet Inc A 3.69%
  6. Alphabet Inc Class C 3.59%
  7. Intel Corp 2.44%
  8. NVIDIA Corp 2.25%
  9. Adobe Inc 2.02%
  10. PayPal Holdings Inc 1.97%

Asset Allocation

Weighting Return Low Return High USNQX % Rank
Stocks
99.59% 60.93% 103.32% 25.53%
Cash
0.41% -3.33% 39.07% 70.76%
Preferred Stocks
0.00% 0.00% 2.55% 21.44%
Other
0.00% -1.64% 4.98% 26.29%
Convertible Bonds
0.00% 0.00% 6.70% 12.12%
Bonds
0.00% -0.48% 13.73% 17.35%

Stock Sector Breakdown

Weighting Return Low Return High USNQX % Rank
Technology
45.07% 4.67% 54.73% 0.91%
Communication Services
20.13% 0.00% 34.83% 7.73%
Consumer Cyclical
16.89% 0.00% 44.53% 33.79%
Healthcare
7.61% 0.00% 60.93% 95.68%
Consumer Defense
4.75% 0.00% 19.15% 37.35%
Industrials
2.63% 0.00% 24.88% 85.00%
Financial Services
1.99% 0.00% 41.40% 96.52%
Utilities
0.66% 0.00% 11.79% 20.76%
Real Estate
0.27% 0.00% 22.16% 75.53%
Energy
0.00% 0.00% 7.94% 50.23%
Basic Materials
0.00% 0.00% 13.33% 79.39%

Stock Geographic Breakdown

Weighting Return Low Return High USNQX % Rank
US
96.96% 60.93% 100.05% 26.59%
Non US
2.63% 0.00% 18.83% 65.30%

Expenses

USNQX - Expenses

Operational Fees

USNQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.48% 0.01% 24.73% 93.53%
Management Fee 0.20% 0.00% 1.40% 2.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 1.02% 71.83%

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% 4.38%

Distributions

USNQX - Distributions

Dividend Yield Analysis

USNQX Category Low Category High USNQX % Rank
Dividend Yield 0.00% 0.00% 19.97% 14.19%

Dividend Distribution Analysis

USNQX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

USNQX Category Low Category High USNQX % Rank
Net Income Ratio 0.63% -8.87% 2.43% 16.89%

Capital Gain Distribution Analysis

USNQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

USNQX - Fund Manager Analysis

Managers

Wasif Latif


Start Date

Tenure

Tenure Rank

Jul 01, 2019

1.17

1.2%

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

1.17

1.2%

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
0.02 37.28 8.3 1.34