EVOLVE FUNDS GROUP INC. NASDAQ TECHNOLOGY ENHANCED YIELD INDEX FEE

EVOLVE FUNDS GROUP INC. NASDAQ TECHNOLOGY ENHANCED YIELD INDEX F

25.73CADD
−0.37−1.42%
At close at Jul 31, 19:59 GMT
CAD
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Key stats


Assets under management (AUM)
‪90.16 M‬CAD
Fund flows (1Y)
‪53.06 M‬CAD
Dividend yield (indicated)
14.92%
Discount/Premium to NAV
−0.7%
Shares outstanding
‪3.58 M‬
Expense ratio
1.30%

About EVOLVE FUNDS GROUP INC. NASDAQ TECHNOLOGY ENHANCED YIELD INDEX F


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Oct 4, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index - CAD - Benchmark TR Net
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Evolve Funds Group, Inc.
The fund aims to replicate the performance of the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index. The market cap-weighted index provides exposure equity securities of technology companies from its parent index, capped at 10%. The index is rebalanced quarterly. To enhance yield, mitigate risk, and reduce volatility, the fund employs a covered call option strategy at the discretion of the manager. The fund may hold securities from the underlying index at approximately the same proportion or securities of ETFs with exposure to the same index. The fund manager may write up to 100% of the funds assets in covered call options at its discretion. The level of covered call options may vary based on market volatility and other factors, such as differences between the strike price and the market price of the underlying security at the time the option is written.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Broad-based
Strategy
Exchange-specific
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
NASDAQ - listed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of July 30, 2025
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stocks100.09%
Technology Services48.21%
Electronic Technology45.29%
Producer Manufacturing2.86%
Commercial Services1.49%
Transportation1.00%
Retail Trade0.77%
Bonds, Cash & Other−0.09%
Cash0.38%
Rights & Warrants−0.46%
Stock breakdown by region
97%2%
North America97.78%
Europe2.22%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Symbol
Assets
Symbol
Assets
N
NVIDIA CorporationNVDA
11.63%
A
Broadcom Inc.AVGO
10.90%
M
Microsoft CorporationMSFT
9.73%
M
Meta Platforms Inc Class AMETA
9.47%
A
Apple Inc.AAPL
8.84%
G
Alphabet Inc. Class AGOOGL
5.28%
G
Alphabet Inc. Class CGOOG
4.96%
P
Palantir Technologies Inc. Class APLTR
3.70%
A
Advanced Micro Devices, Inc.AMD
2.92%
I
Intuit Inc.INTU
2.28%
Top 10 weight69.71%
47 total holdings

Dividends


Jan '25
Feb '25
Mar '25
Apr '25
May '25
Jun '25
Jul '25
‪0.00‬
‪0.08‬
‪0.16‬
‪0.24‬
‪0.32‬
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Jul 31, 2025
Jul 31, 2025
Aug 8, 2025
0.320
Monthly
Jun 30, 2025
Jun 30, 2025
Jul 8, 2025
0.320
Monthly
May 30, 2025
May 30, 2025
Jun 6, 2025
0.320
Monthly
Apr 30, 2025
Apr 30, 2025
May 7, 2025
0.320
Monthly
Mar 31, 2025
Mar 31, 2025
Apr 7, 2025
0.320
Monthly
Feb 28, 2025
Feb 28, 2025
Mar 7, 2025
0.320
Monthly
Jan 31, 2025
Jan 31, 2025
Feb 7, 2025
0.320
Monthly

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


QQQY invests in stocks. The fund's major sectors are Technology Services, with 48.43% stocks, and Electronic Technology, with 45.50% of the basket. The assets are mostly located in the North America region.
QQQY top holdings are NVIDIA Corporation and Broadcom Inc., occupying 11.63% and 10.90% of the portfolio correspondingly.
QQQY last dividends amounted to 0.32 CAD. The month before, the issuer paid 0.32 CAD in dividends,
QQQY assets under management is ‪90.16 M‬ CAD. It's risen 13.94% over the last month.
QQQY fund flows account for ‪53.06 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, QQQY pays dividends to its holders with the dividend yield of 14.71%. The last dividend (Aug 8, 2025) amounted to 0.32 CAD. The dividends are paid monthly.
QQQY shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Oct 4, 2023, and its management style is Passive.
QQQY expense ratio is 1.30% meaning you'd have to pay 1.30% of your investment to help manage the fund.
QQQY follows the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QQQY invests in stocks.
QQQY price has risen by 3.30% over the last month, and its yearly performance shows a 2.35% increase. See more dynamics on QQQY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.73% over the last month, showed a 33.80% increase in three-month performance and has increased by 4.92% in a year.
QQQY trades at a premium (0.74%) meaning the ETF is trading at a higher price than the calculated NAV.