BATS | ETF
The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index.
The index implements a systematic trend-following strategy that directs exposure (i) 100% to the S&P MidCap 400® Index, (ii) 50% to the S&P MidCap 400 and 50% to 3-MonthU. S.
Treasury bills, or (iii) 100% to 3-MonthU. S.
Treasury bills, depending on the relative performance of the S&P MidCap 400 and its 200-business day historical simple moving average.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| EME | EMCOR Group Inc | Industrials | Engineering & Construction | 0.96% |
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 0.96% |
| WSM | Williams-Sonoma Inc | Consumer Cyclical | Specialty Retail | 0.84% |
| FIX | Comfort Systems USA Inc | Industrials | Engineering & Construction | 0.84% |
| EXE | Expand Energy Corporation | Energy | Oil & Gas E&P | 0.71% |
| RBA | RB Global Inc. | Industrials | Specialty Business Services | 0.69% |
| FLEX | Flex Ltd | Technology | Electronic Components | 0.66% |
| CASY | Caseys General Stores Inc | Consumer Cyclical | Specialty Retail | 0.66% |
| USFD | US Foods Holding Corp | Consumer Defensive | Food Distribution | 0.65% |
| RBA | Ritchie Bros Auctioneers | Industrials | Specialty Business Services | 0.65% |
| GWRE | Guidewire Software Inc | Technology | Software - Application | 0.64% |
| CW | Curtiss-Wright Corporation | Industrials | Aerospace & Defense | 0.63% |
| BURL | Burlington Stores Inc | Consumer Cyclical | Apparel Retail | 0.60% |
| PSTG | Pure Storage Inc | Technology | Computer Hardware | 0.59% |
| COHR | Coherent Inc | Technology | Scientific & Technical Instruments | 0.56% |
| OKTA | Okta Inc | Technology | Software - Infrastructure | 0.55% |
| PFGC | Performance Food Group Co | Consumer Defensive | Food Distribution | 0.53% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 0.53% |
| EQH | Axa Equitable Holdings Inc | Financial Services | Asset Management | 0.53% |
| DT | Dynatrace Holdings LLC | Technology | Software - Application | 0.53% |