Description: The investment seeks capital appreciation with downside protection. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its objective principally by investing in a portfolio of typically 40 to 50 U.S.-listed equity securities, while limiting downside risk by purchasing exchange-listed put options on one or more broad-based indexes or ETFs that track the performance of the U.S. equity market. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in equity securities.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Long-Short Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 101.62 | 1.85 | 99.77 |
| Stock non-US | 2.51 | 0.02 | 2.49 |
| Cash | 0.66 | 2.93 | -2.27 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 21.77 | 19.69 |
| Financial Services | 15.27 | 15.75 |
| Healthcare | 15.25 | 12.82 |
| Consumer Cyclicals | 10.37 | 11.16 |
| Industrials | 9.55 | 12.31 |
| Consumer Defensive | 7.51 | 6.00 |
| Communication Services | 6.72 | 7.39 |
| Energy | 5.32 | 6.11 |
| Utilities | 3.32 | 3.12 |
| Real Estate | 2.53 | 1.48 |
| Basic Materials | 2.38 | 4.17 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 97.59 | 91.77 |
| Europe Developed | 1.42 | 3.39 |
| United Kingdom | 0.99 | 2.16 |
| Asia Developed | 0.00 | 0.49 |
| Japan | 0.00 | 0.85 |
| Australasia | 0.00 | 0.24 |
| Asia Emerging | 0.00 | 0.41 |
| Latin America | 0.00 | 0.48 |
| Europe Emerging | 0.00 | 0.01 |
| Africa/Middle East | 0.00 | 0.21 |