Description: The investment seeks to provide investors with returns that match those of the SPDR S&P 500 ETF Trust. The fund will invest substantially all of its assets in a portfolio of FLexible EXchange® Options (FLEX Options) that reference both the SPDR® S&P 500® ETF Trust (S&P 500 ETF) and the Invesco QQQ TrustSM, Series 1. In general, an option contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a specified future date at an agreed upon price. FLEX Options are exchange-traded options contracts with uniquely customizable terms. The fund is non-diversified.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Trading--Miscellaneous
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Stock US | 217.89 | 21.92 | 195.98 |
Stock non-US | 2.45 | 0.25 | 2.20 |
Cash | 2.04 | 100.22 | -98.18 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
Technology | 22.47 | 0.00 |
Healthcare | 15.93 | 0.00 |
Financial Services | 14.18 | 0.00 |
Consumer Cyclicals | 9.63 | 0.00 |
Industrials | 9.07 | 0.00 |
Consumer Defensive | 7.62 | 0.00 |
Communication Services | 7.48 | 0.00 |
Energy | 5.19 | 0.00 |
Utilities | 3.16 | 0.00 |
Real Estate | 2.80 | 0.00 |
Basic Materials | 2.47 | 0.00 |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 98.89 | 0.00 |
United Kingdom | 0.56 | 3.38 |
Europe Developed | 0.52 | 0.00 |
Asia Developed | 0.03 | 0.00 |