BATS | ETF
The fund generally will invest at least 80% of its total assets in the securities that comprise the underlying index.
The underlying index will emphasize exposure to equity securities that exhibit size, value and volatility factors during the recovery stage; size, value and momentum factors during the expansion stage; volatility and quality factors during the slowdown stage; and momentum, quality and volatility factors during the contraction stage.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AAPL | Apple Inc | Technology | Consumer Electronics | 8.81% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 6.66% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.92% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 4.56% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 3.53% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 3.50% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 2.79% |
| WMT | Walmart Inc | Consumer Defensive | Discount Stores | 2.78% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.64% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 2.41% |
| PM | Philip Morris International Inc | Consumer Defensive | Tobacco | 1.99% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 1.76% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 1.71% |
| NFLX | Netflix Inc | Communication Services | Entertainment | 1.62% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 1.48% |
| ABT | Abbott Laboratories | Healthcare | Medical Devices | 1.23% |
| BKNG | Booking Holdings Inc | Consumer Cyclical | Travel Services | 1.08% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 1.05% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 0.92% |
| PGR | Progressive Corp | Financial Services | Insurance - Property & Casualty | 0.90% |