NYSE ARCA | ETF
The fund seeks to provide capital appreciation through participation in international equity markets while hedging overall market exposure relative to traditional long-only equity strategies.
Under normal circumstances, it invests at least 80% of its assets in equity securities.
Assets means net assets plus the amount of borrowings for investment purposes.
The fund primarily invests in equity securities of foreign companies across all market capitalizations, including foreign subsidiaries ofU. S. companies.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ASML | ASML Holding N.V. | Technology | Semiconductor Equipment & Materials | 3.24% |
| AZN | AstraZeneca PLC | Healthcare | Drug Manufacturers - General | 2.24% |
| SIE | Siemens Aktiengesellschaft | Industrials | Specialty Industrial Machinery | 1.62% |
| SAN | Banco Santander S.A. | Financial Services | Banks - Diversified | 1.61% |
| SHEL | Shell plc | Energy | Oil & Gas Integrated | 1.60% |
| ROG | Roche Holding AG | Healthcare | Drug Manufacturers - General | 1.48% |
| SAF | Safran SA | Industrials | Aerospace & Defense | 1.45% |
| NESN | Nestlé S.A. | Consumer Defensive | Packaged Foods | 1.44% |
| 7203 | Toyota Motor Corp | Consumer Cyclical | Auto Manufacturers | 1.40% |
| ALV | Allianz SE VNA O.N. | Financial Services | Insurance - Diversified | 1.40% |
| HSBA | HSBC Holdings PLC | Financial Services | Banks - Diversified | 1.36% |
| NOVN | Novartis AG | Healthcare | Drug Manufacturers - General | 1.32% |
| UCG | UniCredit S.p.A. | Financial Services | Banks - Regional | 1.29% |
| 8316 | Sumitomo Mitsui Financial | Financial Services | Banks - Diversified | 1.15% |
| ATCO-A | Atlas Copco AB Series A | Industrials | Specialty Industrial Machinery | 1.11% |
| AI | Air Liquide SA | Basic Materials | Specialty Chemicals | 1.11% |
| BHP | BHP Group Ltd | Basic Materials | Other Industrial Metals & Mining | 1.10% |
| MUV2 | Münchener Rück AG | Financial Services | Insurance - Reinsurance | 1.10% |
| BARC | Barclays PLC | Financial Services | Banks - Diversified | 1.09% |
| 6501 | Hitachi Ltd | Industrials | Conglomerates | 1.06% |