HYIN seeks to track the price and yield performance, before feesand expenses, of the Gapstow Liquid Alternative Credit Index (the Index ). The Index is provided by Gapstow Capital Partners, L.P. (the Index Provider ) and is designed to providediversified exposure to alternative credit sectors.
As an actively managed exchange-traded fund (ETF), AGOX will not seek to replicate the performance of an index. The fund's portfolio manager seeks to achieve the fund's investment objective of capital appreciation by investing in exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the 1940 Act) and not affiliated with the Fund (Portfolio Funds) that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. In addition to its indirect investments, the Fund may also invest in individual large cap equities, fixed income securities, and cash and cash equivalents directly.
PFIX seeks to provide a hedge against a sharp increase in long-term interest rates. The fund holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates and interest rate volatility. Using OTC derivatives usually only available to institutional investors, PFIX is designed to be functionally similar to owning a position in long-dated put options on 20-year US Treasury bonds. Since the option position is held for extended periods the ETF provides a simple and transparent interest rate hedge.
SXQG is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective primarily by investing in equity securities. The Fund invests mainly in common stocks and may invest in the securities of companies of any capitalization. In selecting investments for the Fund, 6 Meridian LLC uses a quantitatively-driven strategy designed to emphasize securities of companies that exhibit high quality and growth characteristics relative to their peers. Quality is defined as high and improving profitability, low leverage and low default probability, and low net equity and debt issuance relative to dividends and net buybacks. From an initial universe consisting of companies in the broad U.S. equity market, 6 Meridian excludes micro-cap companies (i.e., companies with a market capitalization of less than $500 million) and securities of companies that exhibit poor liquidity and momentum characteristics.
BITQ invests in securities comprising the Index and in depositary receipts representing securities of the Index. The Index was designed by Bitwise Index Services, LLC (the Index Sponsor ) to measure the performance of companies involved in servicing the cryptocurrency markets, including crypto mining firms, crypto mining equipment suppliers, crypto financial services companies, or other financial institutions servicing primarily crypto-related clientele (i.e., the crypto ecosystem).
WKLY seeks to provide investors with consistent income by tracking the SoFi Sustainable Dividend Index, made up of the most consistent dividend-paying companies globally.
FMNY's primary investment objective is to seek to provide current income that is exempt from regular federal income taxes and New York income taxes, and its secondary objective is long-term capital appreciation. Under normal market conditions, the Fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes and New York State and New York City income taxes (collectively, "Municipal Securities").
MJUS is a portfolio of companies that are active in the United States cannabis market. MJUS is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the Cannabis Business in the United States, and in derivatives that have economic characteristics similar to such securities.
SVOL seeks daily investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index (the Index ) for a single day, not for any other period. In pursuing its investment objective, the Fund primarily purchases or sells futures contracts, call options, and put options on VIX futures.
TRYP provides exposure to a global portfolio of companies that are focused on what many investors consider to be the core of business and leisure travel: the airline, hotel and cruise line industries. TRYP is an indexed ETF that seeks to provide performance results that correspond, before fees and expenses, to the Solactive Airlines, Hotels, Cruise Lines Index (the Index ).
LQDB seeks to track the investment results of the iBoxx USD Liquid Investment Grade BBB 0+ Index (the Underlying Index ), which is designed to reflect the performance of BBB (or its equivalent) fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers (as determined by Markit Indices Limited (the Index Provider or Markit )).
QQQA seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Dorsey Wright Momentum Index. The Fund invests in securities that ProShare Advisors believes, in combination, should track the performance ofthe Index. The Index, which is constructed and maintained by Dorsey, Wright & Associates, LLC ( Dorsey Wright ), consists of 21 securities from the Nasdaq-100 Index with the highest price momentum as determined by Dorsey Wright.
SOGU seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100% of the return of the De-SPAC Index (the Index). This means that the return of the Fund for a period longer than a trading day will be the result of each single day s compounded return over the period, which will very likely differ from -100% of the return of the Index for that period. Longer holding periods and higher volatility of the Index increase the impact of compounding on an investor's returns. During periods of higher Index volatility, the volatility of the Index may affect the Fund's return as much as, or more than, the return of the Index. Further, the return for investors that invest for periods longer or shorter than a trading day should not be expected to be -100% of the performance of the Index for the period. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily inverse (-1X) investment results, understand the risks associated with the use of shorting and are willing to monitor their portfolios frequently.
DSPC seeks to provide investment results that correspond, before fees and expenses, to the price and yield performance of The De-SPAC Index (the Index). The Index is comprised of twenty-five of the largest companies, based on market capitalization, that have completed a business combination transaction with a Special Purpose Acquisition Company (SPAC) within one year of the Index's screening date.
LGBT offers investors access to U.S. large-cap equity securities of companies that have demonstrated their commitment to LGBTQ diversity and inclusion and ESG compliance as part of their corporate social responsibility fundamental mandate.
PLRG is a active ETF. Under normal circumstnaces it invests 80% in large cap US equities using proprietary model.
PLTL is a active ETF. Under normal circumstnaces it invests 80% in large cap US equities using proprietary model.
NTSE is actively managed using a models-based approach. The Fund seeks to achieve its investment objective by investing in emerging markets equity securities and U.S. Treasury futures contracts. The Fund invests in a representative basket of emerging markets equity securities.
NTSI is actively managed using a models-based approach. The Fund seeks to achieve its investment objective by investing in international equity securities and U.S. Treasury futures contracts. The Fund invests in a representative basket of developed market equity securities, excluding the United States and Canada, generally weighted by market capitalization.
SPBC invests in equity securities of U.S. companies through (i) exchange-traded futures contracts, (ii) equity securities of U.S. companies, and (iii) ETFs that primarily invest in the equity securities of U.S. companies. The Fund defines equity securities as common stock, preferred stock, or futures on common or preferred stock. The Fund defines U.S. companies as those organized in the U.S.; having a class of securities whose principal securities market is in the U.S.; or derives 50% or more of its total revenues or earnings from goods produced, sales made, or services provided in the U.S.; or maintains 50% or more of its employees, assets, investments, operations, or other business activity in the U.S. The Fund invests up to 15% of its total assets in the Grayscale Bitcoin Trust. The Fund expects to gain exposure to cryptocurrencies indirectly by investing up to 15% of its total assets (measured at the time of investment) in a wholly-owned and controlled subsidiary, which is designed to enhance the ability of the Fund to obtain exposure to cryptocurrencies consistent with the limits of the U.S. federal tax law requirements applicable to regulated investment companies.
Under normal market conditions, EPRE seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. companies that meet the Sub-Advisors environmental, social and governance (ESG) criteria. Although the Fund emphasizes investments in equity securities of large capitalization companies, it may invest in the equity securities of companies of any size. The Fund is actively-managed and intends to achieve its objective by investing primarily in a portfolio of companies that TCW Investment Management Company ( TCW or the Sub- Advisor ) believes are enduring, cash generating businesses whose leaders prudently manage their environmental, social, and financial resources and whose shares are attractively valued relative to the free cash flow generated by the businesses.
FATT is actively managed and seeks to achieve its investment objective by investing in (i) cash and U.S. government bonds, (ii) exchange-traded funds ( ETFs ) that invest in gold related derivatives (iii) ETFs that invest U.S. equity securities of any market capitalization, (iv) ETFs that invest in U.S. treasuries, (v) equity securities of any capitalization, (vi) volatility and inverse volatility ETFs, and (vii) exchange traded notes ( ETNs ) and leveraged and inverse ETFs and ETNs that seek to provide the inverse performance of stock indices, Treasury Bonds, and volatility ETFs. The Fund may also sell options on these securities in order to generate income for the Fund from premiums.
FOMO's strategy is related to the FOMO because it allows investors to invest in areas of the market that are currently in favor by retail and individual investors; thus, avoiding FOMO. In pursuing the Fund's investment objective, the Fund will invest in: equity securities of U.S., foreign, and emerging market companies of any market capitalization and special purpose acquisition companies, equity exchange-traded funds ( ETFs ) and fixed income ETFs, volatility and inverse volatility ETFs and ETNs, leveraged and inverse ETFs and ETN, that seek to provide the inverse performance of stock indices, treasury bonds, and volatility ETFs.
ILDR seeks to provide capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation.
PFUT invests mainly in common stocks of U.S. companies of any size, with a focus on companies whose products and services provide solutions that directly contribute to sustainable social, environmental and economic development (Impact Companies). The fund's approach to sustainable investing incorporates fundamental research together with consideration of sustainable environmental, social and economic development impact.
PGRO invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, the fund invests at least 80% of the fund s net assets in companies of a size similar to those in the Russell 1000 Growth Index.
PLDR invests mainly in common stocks of U.S. companies of any size, with a focus on companies that exhibit a commitment to financially material sustainable business practices. Stocks of companies that exhibit a commitment to financially material sustainable business practices are typically, but not always, considered to be growth stocks.
PVAL invests mainly in common stocks of U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Under normal circumstances, the fund invests at least 80% of the fund s net assets in large-cap companies, which, for purposes of this policy, are of a size similar to those in the Russell 1000 Value Index.
Under normal circumstances, PXUS invests at least 40% of its net assets, plus any borrowings for investment purposes, in securities of foreign companies. The fund invests in securities regardless of market capitalization size (small, medium or large). For security selection and portfolio construction, Principal Global Investors, LLC ("PGI") uses a proprietary quantitative model. The model is designed to identify and rank equity securities in the MSCI World Ex-U.S. Index (the "Index") that correspond to multi factor categories.
PSY is the first US-listed psychedelic ETF. It seeks to track the BITA Medical Psychedelics, Cannabis, and Ketamine Index, a rules-based index that tracks the performance of companies, listed in North American Exchanges, that operate business models focused on the usage of Psychedelics, Medical Cannabis, and Ketamine for medicinal and health treatment purposes.