XFUNDS Files for Technology Equity ETF With Options Income Strategy

The XFUNDS Technology Income ETF (VGTX) will focus on U.S. information technology stocks and tech-focused ETFs, paired with options strategies designed to generate income and manage risk. The fund will primarily target large-cap technology companies but may also invest in mid- and small-cap names across software, semiconductors, communications, internet, and related industries. Options strategies, including put spreads, call spreads, short calls, and cash-secured puts, will seek recurring premium income to support distributions. The non-diversified fund will maintain significant technology sector exposure and may distribute return of capital, which can reduce NAV over time.