Equity Overview
Price & Market Data
Price: $56.18
Daily Change: +$0.13 / 0.23%
Daily Range: $56.07 - $56.25
Market Cap: $0
Daily Volume: 27,996
Performance Metrics
1 Week: 1.25%
1 Month: 4.15%
3 Months: 14.35%
6 Months: 1.30%
1 Year: 10.31%
YTD: 5.13%
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.