ASPY — ASYMshares ASYMmetric S&P 500 ETF
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This ETF employs a systematic, data-driven long/short hedging approach. Its primary goal is to mitigate losses during downturns by holding a net short position relative to the S&P 500 Index, while simultaneously participating in the majority of gains during bull markets by being net long. Typically, at least 80% of the fund's total assets will be invested in securities and cash from the index's "Long Book" under normal market circumstances.
Company profile
- Sector: Financial Services
- Industry: Asset Management
- Country: US
- Exchange: AMEX
Educational tool only — not investment advice.