NYSE ARCA | ETF
The target index is comprised of equity securities ofU. S. companies from the S&P 500 in the lowest quintile (i.e., the lowest 20% of the S&P 500) based on their twelve month trailing beta relative to the S&P 500.
The fund may use either a replication strategy or representative sampling strategy in seeking to track the performance of the target index.
It will primarily invest inU. S. companies that are included in the target index.
The fund is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| T | AT&T Inc | Communication Services | Telecom Services | 5.26% |
| CVS | CVS Health Corp | Healthcare | Healthcare Plans | 5.19% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 4.94% |
| KR | Kroger Company | Consumer Defensive | Grocery Stores | 4.76% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 4.62% |
| WBA | Walgreens Boots Alliance Inc | Healthcare | Pharmaceutical Retailers | 4.30% |
| CNC | Centene Corp | Healthcare | Healthcare Plans | 4.27% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 3.06% |
| LMT | Lockheed Martin Corporation | Industrials | Aerospace & Defense | 2.90% |
| HUM | Humana Inc | Healthcare | Healthcare Plans | 2.66% |