VictoryShares Launches Jr. Nasdaq ETF

New fund targets the 50 stocks below the Nasdaq-100 components. 

Reviewed by: Heather Bell
Edited by: Heather Bell

Today, VictoryShares rolled out an ETF tracking an index that is sort of a little sibling to the Nasdaq-100 Index. The VictoryShares Nasdaq Next 50 ETF (QQQN) has an underlying benchmark that covers the 50 largest nonfinancial stocks trading on the Nasdaq exchange after the exclusion of the components of the Nasdaq-100.

QQQN comes with an expense ratio of 0.18% and lists on the Nasdaq stock exchange.

These are really the stocks that are in the waiting room to enter the Nasdaq-100, which has its annual rebalance in December. The current top holdings are Marvell Technology Group, Old Dominion Freight Lines and Okta. Rather than the complex tiered weighting scheme that characterizes the Nasdaq-100, QQQN’s underlying index is simply weighted by market capitalization.

Contact Heather Bell at [email protected]


Heather Bell is a former managing editor of She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.