Description: The investment seeks to provide capital appreciation. The fund is a "fund of funds," meaning that it primarily invests its assets in securities of other exchange-traded funds ("ETFs"). In particular, it allocates its assets among ETFs that each focus on common stocks of companies included in an individual sector of the S&P 500® Index, as determined by the Global Industry Classification Standard (GICS®). Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of borrowings for investments purposes) directly or indirectly through the underlying ETFs, in securities of U.S. companies.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Large Blend
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 97.23 | 0.00 | 97.23 |
| Stock non-US | 2.13 | 0.00 | 2.13 |
| Cash | 0.64 | 0.00 | 0.64 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 22.94 | 14.11 |
| Technology | 16.22 | 22.70 |
| Consumer Defensive | 15.64 | 7.40 |
| Healthcare | 14.96 | 16.05 |
| Industrials | 10.02 | 10.28 |
| Consumer Cyclicals | 7.09 | 10.02 |
| Energy | 6.84 | 4.39 |
| Basic Materials | 6.19 | 2.71 |
| Real Estate | 0.11 | 2.41 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 97.85 | 97.55 |
| United Kingdom | 1.34 | 0.88 |
| Europe Developed | 0.79 | 1.13 |
| Asia Developed | 0.02 | 0.17 |
| Japan | 0.00 | 0.07 |
| Australasia | 0.00 | 0.01 |
| Asia Emerging | 0.00 | 0.09 |
| Latin America | 0.00 | 0.07 |
| Africa/Middle East | 0.00 | 0.03 |