The Buena Vista Nasdaq-100 High Beta ETF (QQQQ11) is a Brazilian exchange-traded fund designed to provide exposure to high-growth and technology-oriented U.S. companies through investments linked to the Nasdaq-100 High Beta Index (NDXHB). The ETF is managed by Buena Vista Capital and trades under the ticker QQQQ11 on the B3.

Classified as an international equity ETF, the fund follows a passive management strategy. Its objective is to replicate the performance of the Nasdaq-100 High Beta Index, which selects the highest-beta companies within the Nasdaq-100 universe, providing exposure to stocks with greater sensitivity to market movements and potentially higher price volatility.

Composition / Exposure profile

QQQQ11 provides exposure primarily associated with:

• U.S. technology companies.

• High-growth businesses.

• High-beta stocks.

• Innovation-driven industries.

• Nasdaq-listed companies.

• U.S. dollar exposure.

• Factor-based investment strategies.

• Growth-oriented equity markets.

The portfolio is concentrated in companies with historically higher sensitivity to market conditions, making it particularly exposed to sectors that benefit from innovation, digital transformation, and technological disruption.

Performance is generally influenced by investor risk appetite, interest-rate expectations, monetary-policy developments, corporate earnings growth, and the performance of high-growth segments of the U.S. equity market.

Structure and costs

QQQQ11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, helping to align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee of approximately 0.55% per year, in addition to operational expenses associated with the ETF structure and trading activities.

QQQQ11 does not apply a performance fee and does not provide recurring income distributions. The fund has an indefinite duration, with financial settlement occurring on a D+2 basis in the secondary market.

History and evolution of the ETF

The Buena Vista Nasdaq-100 High Beta ETF was launched in 2024 with the objective of providing investors with exposure to international equities characterized by higher volatility and long-term return potential.

Since inception, the fund has become part of the growing segment of thematic and factor-based ETFs available on the B3, expanding investor access to strategies focused on market-risk factors such as beta.

In recent periods, QQQQ11 has reflected fluctuations in the global technology sector and high-growth U.S. equities, influenced by macroeconomic conditions, international monetary-policy decisions, investor sentiment, and the performance of innovative companies included in the benchmark.

Additional Information

Buena Vista Nasdaq-100 High Beta ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $4.81 million.

Over the past 12 months, Buena Vista Nasdaq-100 High Beta ETF recorded a return of 47.70%, with its price trading between $88.10 and $145.60 during the same period.

The ETF is traded under the ticker QQQQ11.