WEBs QQQ Defined Volatility ETF (DVQQ)

WEBs QQQ Defined Volatility ETF (DVQQ) is an exchange-traded fund in the Large Growth category. It has $2.07M in assets, an expense ratio of 0.94% and a 0.03% dividend yield. The manager implements its investment objective by investing, under normal market conditions, at least 80% of its net assets in financial instruments that achieve the investment results of the index. The index is a rules-based strategy that seeks to track the performance of the Invesco QQQ TrustSM, Series 1, with investment exposure to the underlying ETF adjusted for a targeted annual volatility rate of 22%. The fund is non-diversified.