Adaptive Alpha Opportunities ETF (AGOX) holdings & weights
Per-holding contribution · concentration · sector skew — a deep read
17 identified stocks · net exposure / NAV 80.83%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
Weight and calculation basis
17 identified stocks · net exposure / NAV 80.83%. Display weights are normalized to 100%; calculations retain original exposures without an additional leverage multiplier. Cash and unallocated contracts are excluded from stock attribution.
We have this ETF's holdings, but the prices for those particular listings are outside our quote coverage (currently Korea- and US-listed securities). So today's contribution and return are not computed — showing 0% would claim it did not move, which is a different statement. The holdings and weights below follow the calculation basis above.
Today's summary
Its top 10 holdings make up about 86.8% of the fund. The concentration index (HHI) is 2161 — Moderate, and the largest sector is Unclassified (95%). The higher the concentration, the more one stock or sector drives the whole ETF's return.
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration sits in the 1,500–2,500 band (2,161) — moderate.
Unclassified alone is 95%. This is effectively a bet on that one industry — if the sector falls, diversification will not help.
A plain 1x physical fund holding the shares themselves — no structural drift from how long you hold it.
We don't have cost, fund size for Adaptive Alpha Opportunities ETF yet, so those axes are excluded and the score is based on the other 3. Scoring a missing figure as zero would grade our data collection, not the fund.
Concentration and diversification
Structural health
A five-axis read on how this fund is built. It is not a return forecast or a recommendation, and a low score does not mean a bad fund — leveraged products score low by design. Each axis shows the figure behind it.
Concentration sits in the 1,500–2,500 band (2,161) — moderate.
Unclassified alone is 95%. This is effectively a bet on that one industry — if the sector falls, diversification will not help.
A plain 1x physical fund holding the shares themselves — no structural drift from how long you hold it.
We don't have cost, fund size for Adaptive Alpha Opportunities ETF yet, so those axes are excluded and the score is based on the other 3. Scoring a missing figure as zero would grade our data collection, not the fund.
Top 17 holdings
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
Normalized to 100% of analysed positions
Weights are normalized to 100% of absolute exposures across analysed positions, including positions outside this top list. Cash, collateral and unverified assets are excluded. Contributions retain original signed NAV exposures; leverage is not applied twice.
| # | Holding | Weight |
|---|---|---|
| 1 | Invesco QQQ Trust Series IQQQ | 43.18% |
| 2 | VanEck Semiconductor ETFSMH | 10.33% |
| 3 | State Street Technology Select Sector SPDR ETFXLK | 8.08% |
| 4 | Vanguard FTSE Emerging Markets ETFVWO | 5.86% |
| 5 | State Street Materials Select Sector SPDR ETFXLB | 4.15% |
| 6 | iShares Global Infrastructure ETFIGF | 3.58% |
| 7 | State Street Health Care Select Sector SPDR ETFXLV | 3.46% |
| 8 | iShares MSCI USA Momentum Factor ETFMTUM | 3.01% |
| 9 | iShares MSCI EAFE Value ETFEFV | 2.67% |
| 10 | Howmet AerospaceHWM | 2.48% |
| 11 | SPDR Gold SharesGLD | 2.36% |
| 12 | NVIDIANVDA | 2.14% |
| 13 | State Street Energy Select Sector SPDR ETFXLE | 2.05% |
| 14 | Vanguard FTSE Europe ETFVGK | 1.89% |
| 15 | Vanguard Real Estate ETFVNQ | 1.73% |
| 16 | iShares MSCI USA Value Factor ETFVLUE | 1.63% |
| 17 | State Street Industrial Select Sector SPDR ETFXLI | 1.40% |
Holdings below 0.5% or outside the top list are folded into “Others” and omitted above.
Where the weight sits — sector mix
Listed equity weights summed by sector and normalized to 100%. Each band is one sector's share.
Industry breakdown
HHI sums the squared weights. The more it leans on a few names, the higher it goes — and the more the whole ETF moves with them.
How concentrated is it
Adaptive Alpha Opportunities ETF leans heavily on a handful of names. Its concentration index (HHI) is 2161, and the top 10 holdings make up 86.8% of equity weight — closer to owning a few stocks than a diversified basket.
If you bought it for diversification, note that when one or two of those names move sharply, most of the fund's day comes from them.
HHI squares each weight and sums them: 10,000 means one stock is everything, and the more evenly spread the holdings, the closer it falls to zero.
Where the sector weight sits
By sector, Unclassified alone is 95% — whatever the fund is called, this is a bet on that industry.
Bad news for the sector moves the whole fund. Worth checking against anything else you hold in the same space.
Weights above sum the individually listed equities and normalize that equity total to 100%.
How much it overlaps others
It shares 42% of its holdings with THIR (2 names in common) — close to half the same companies.
Own both and the diversification is thinner than it looks.
What it is made of
The fund holds 25 positions in total; this page lists the largest 17 and folds the rest into "Others".
Equities are 80.8% of the fund, the rest swaps and cash — index exposure built synthetically rather than by owning the shares, which adds counterparty risk.
This page is not investment advice. Investment decisions and responsibility are your own.
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