Equity Overview
Price & Market Data
Price: $53.34
Daily Change: -$0.005 / 0.01%
Range: $53.28 - $53.50
Market Cap: $0
Volume: 30,041
Performance Metrics
1 Week: 1.00%
1 Month: 6.25%
3 Months: 5.19%
6 Months: -3.68%
1 Year: 6.76%
YTD: -0.19%
Details
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.