# NQLT Bid-Ask Spread, Liquidity and NAV Premium

> NQLT trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.

Data as of Nov 11, 2026. Rebuilt every trading night.

As of Nov 11, 2026. Rebuilt every trading night.

## NQLT bid-ask spread and liquidity

As of Nov 11, 2026, NQLT’s holdings can absorb $144m a day.

### IQ Liquidity Score

Not scored, 1 of 6 measured.

A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built

Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity, 72.0 Holdings can absorb $144m a day, Nov 11, 2026 Price fidelity Not measured: no closing premium is held for this fund Primary market Not measured: it first traded on 2026-07-13, and no N-CEN ETF row for series S000092086 is in the quarters read (2024q4 to 2026q3) Bad-day behaviour Not measured: no daily closing premium is held for this fund Depth Not measured: needs trade and quote data (Phase 2)

### Capacity

Its holdings can absorb $144m a day, measured on its own holdings, as of Nov 11, 2026. The holding that sets the limit is Lennar Corp (LEN-B), 0.48% of the fund.

### How to trade NQLT

When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund’s own day once it has trade data. Size Up to $1.4m is 1% of what its holdings can absorb in a day, for a buy or a sell.

### Coming with trade data

Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction’s share, each once ETFIQ has trade and quote data.

### Questions people ask

Who is the LMM for NQLT? NQLT’s lead market maker (LMM) on NYSE Arca is Old Mission Capital LLC. Lead market maker per NYSE Arca, as of Nov 9, 2026.

### Sources and dates

- Capacity: ETFIQ, from each holding’s 20-day median dollar volume, to Nov 11, 2026.

### Where to next

The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, NQLT trading: cost, capacity, premium and dealers, data as of Nov 11, 2026. https://etfiq.com/funds/nqlt/trading/
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/funds/nqlt/trading/
