NYSE ARCA | ETF
The index is a rules-based, quantitative long/short hedging strategy that seeks to provide protection against bear market losses, by being net short, and to capture the majority of bull market gains, by being net long, with respect to the S&P 500 Index.
Under normal market conditions, the fund will invest at least 80% of its total assets in securities and cash included in the index's Long Book.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 2.81% |
| VLO | Valero Energy Corporation | Energy | Oil & Gas Refining & Marketing | 2.47% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.40% |
| ED | Consolidated Edison Inc | Utilities | Utilities - Regulated Electric | 2.39% |
| ATVI | Activision Blizzard Inc | Communication Services | Electronic Gaming & Multimedia | 2.30% |
| T | AT&T Inc | Communication Services | Telecom Services | 2.29% |
| EA | Electronic Arts Inc | Communication Services | Electronic Gaming & Multimedia | 2.27% |
| O | Realty Income Corp | Real Estate | REIT - Retail | 2.23% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 2.22% |
| CBOE | Cboe Global Markets Inc | Financial Services | Financial Data & Stock Exchanges | 2.22% |