LQIG tracks the MarketAxess U.S. Investment Grade 400 Corporate Bond Index (the “Index”). The Index’s emphasis on liquidity and use of sector/issuer constraints in index construction may make LQIG an efficient core beta risk and portfolio management tool. Bonds in the Index are screened using MarketAxess proprietary Relative Liquidity Score (RLS), where bonds are considered for inclusion based on having higher-than-average liquidity relative to the broader U.S. corporate bond market, and then assessed for their tradability at the Index level, with final weights derived after constraining for specific issuer and sector characteristics.
FBZ is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the NASDAQ AlphaDEX Brazil Index. The NASDAQ AlphaDEX Brazil Index is an “enhanced” index created and administered by The NASDAQ OMX Group, Inc. (“NASDAQ”) which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ Brazil Index that meet certain criteria. NASDAQ constructs the NASDAQ AlphaDEX Brazil Index by ranking the eligible stocks from the NASDAQ Brazil Index on growth factors including 3-, 6- and 12- month price appreciation, sales to price and one year sales growth, and separately on value factors including book value to price, cash flow to price and return on assets.
MINC seeks to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value (NAV) due to changes in interest rates. MINC is managed by Newfleet Asset Management (Portfolio Manager), an investment subsidiary of Virtus Investment Partners.
SVXY seeks, on a daily basis, to provide investment results (before fees and expenses) that correspond to the inverse (-1x) of the performance of the S&P 500 VIX Short-Term Futures Index. This Short ProShares ETF seeks a return that is -1x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next.
XVV seeks to track the investment results of the S&P 500 Sustainability Screened Index (the Underlying Index), which measures the performance of the large-capitalization sector of the U.S. equity market while excluding companies involved in controversial business activities and controversies, as determined by S&P Dow Jones Indices LLC (the Index Provider or SPDJI). The Underlying Index is a float-adjusted market capitalization-weighted equity index. The Index Provider constructs the Underlying Index starting with the S&P 500 and based on its eligibility criteria excludes companies with specific levels of involvement in the business of tobacco (both production and retail), controversial weapons, manufacturers and major retailers of small arms and companies involved in certain fossil-fuel related activity.
PFI is based on the Dorsey Wright Financials Technical Leaders Index (DWA Financials Technical Leaders Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 common stocks from the NASDAQ US Benchmark Index.
UPAR is an actively-managed exchange-traded fund that seeks to replicate the returns of the Advanced Research Ultra Risk Parity Index. The UPAR Index is designed to provide leveraged exposure to the Advanced Research Risk Parity Index. The Fund and the UPAR Index will utilize leverage in an effort to balance portfolio risk across four major asset classes: Global Equities, Commodities (through commodity producer equities and gold), U.S. Treasury Inflation Protected Securities (TIPS), and U.S. Treasuries. Ultra in the Funds name refers to the use of leverage to enhance returns.
TTAI is an actively managed exchange-traded fund. To pursue its investment objective, the Fund invests, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies from foreign countries, or depositary receipts representing such securities. The Fund considers an issuer to be from a foreign country if: (i) its securities are organized under the laws of a foreign country or the issuer maintains its principal place of business in a foreign country; (ii) its securities are traded principally in a foreign country; or (iii) during the issuer’s most recent fiscal year, it derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in a foreign country or has at least 50% of its assets in a foreign country. The companies in which the Fund primarily invests are those from developed foreign markets, although the Fund will also invest a portion of its assets in companies located in emerging markets (i.e., those that are in the early stages of their economic development).
SOGU seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100% of the return of the De-SPAC Index (the Index). This means that the return of the Fund for a period longer than a trading day will be the result of each single day’s compounded return over the period, which will very likely differ from -100% of the return of the Index for that period. Longer holding periods and higher volatility of the Index increase the impact of compounding on an investor’s returns. During periods of higher Index volatility, the volatility of the Index may affect the Fund’s return as much as, or more than, the return of the Index. Further, the return for investors that invest for periods longer or shorter than a trading day should not be expected to be -100% of the performance of the Index for the period. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily inverse (-1X) investment results, understand the risks associated with the use of shorting and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the Index’s performance is flat, and it is possible that the Fund will lose money even if the Index’s performance decreases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day. The Fund is an actively managed exchange traded fund.
RDMX seeks to provide investment results that, before fees and expenses, correspond generally to the total return of the Bloomberg SASB Developed Markets ex US Large & Mid Cap ESG Ex Controversies Select. To track an index that is designed to exclude securities involved in and/or which derive significant revenue from certain controversial business practices, industries or product lines and utilizes a quantitative process designed to maximize the Index overall R Factor score (the ESG Score), while maintaining predicted tracking error within a targeted range relative to the Bloomberg Developed Markets ex US Large & Mid Cap Total Return Index.
TUGN is an actively-managed exchange-traded fund that seeks to achieve its investment objective by allocating its investments among a combination of (i) U.S. equity securities or ETFs that, in the aggregate, seek to replicate the Nasdaq-100 Index, (ii) directly in, or in ETFs that hold, long-duration U.S. Treasury securities, and (iii) short-term U.S. Treasury bills, money market funds, and cash and/or cash equivalents.
SHE seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI USA Gender Diversity Select (the “Index”). Seeks to provide exposure to U.S. companies that lead their sector in demonstrating a commitment towards promoting and supporting gender diversity throughout all levels of the organization. Companies are also evaluated on promoting advancement through their diversity policies and programs. Companies are weighted according to their market capitalization and Gender Diversity Score, a measure of a company’s women representation and diversity management.
