Equity Overview
Price & Market Data
Price: $39.14
Daily Change: +$0.278 / 0.71%
Daily Range: $38.81 - $39.14
Market Cap: $0
Daily Volume: 144,084
Performance Metrics
1 Week: 2.71%
1 Month: 1.06%
3 Months: -1.97%
6 Months: -0.06%
1 Year: 17.86%
YTD: -0.85%
Details
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large-cap equity securities or directly in the securities held by such ETFs (collectively, the “Underlying Investments”), and (ii) purchasing long-term out-of-the-money put options (i.e., put options with a strike price below the current price of the reference asset) to seek to hedge against significant declines in U.S. large-cap equities.