Description: The investment seeks to provide returns that outperform the large-capitalization U.S. equity market on a risk-adjusted basis. The fund seeks to achieve its objective by estimating the direction and magnitude of S&P 500 Index volatility based on the movement of the CBOE Volatility Index® (the VIX® Index). Under normal market conditions, its baseline exposure each day to the S&P 500 Index is approximately 90%, which the fund's portfolio managers then adjust based on a quantitative model and analysis of the movement of the VIX Index. Its exposure may be significantly greater or less than 90% at any given time. The fund is non-diversified.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Options Trading
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 90.19 | 0.00 | 90.19 |
| Bond | 10.43 | 0.00 | 10.43 |
| Stock non-US | 1.03 | 0.18 | 0.85 |
| Cash | 22.94 | 24.40 | -1.47 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 22.93 | 0.00 |
| Healthcare | 15.58 | 0.00 |
| Financial Services | 14.11 | 0.00 |
| Consumer Cyclicals | 9.67 | 0.00 |
| Industrials | 9.08 | 0.00 |
| Consumer Defensive | 7.58 | 0.00 |
| Communication Services | 7.41 | 0.00 |
| Energy | 5.16 | 0.00 |
| Utilities | 3.18 | 0.00 |
| Real Estate | 2.81 | 0.00 |
| Basic Materials | 2.51 | 0.00 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 98.88 | 0.00 |
| United Kingdom | 0.58 | 0.50 |
| Europe Developed | 0.52 | 0.00 |
| Asia Developed | 0.03 | 0.00 |