Equity Overview
Price & Market Data
Price: $60.59
Daily Change: +$0.575 / 0.95%
Daily Range: $59.91 - $60.59
Market Cap: $0
Daily Volume: 54,046
Performance Metrics
1 Week: 3.84%
1 Month: 1.47%
3 Months: -3.67%
6 Months: 1.22%
1 Year: 30.08%
YTD: -3.26%
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.