ASYMshares ASYMmetric 500 ETF (ASPY)
| Assets | $31.60M |
| NAV | $27.01 |
| Expense Ratio | 0.95% |
| PE Ratio | 23.66 |
| Shares Out | 1.17M |
| Dividend (ttm) | $0.06 |
| Dividend Yield | 0.24% |
| Ex-Dividend Date | Dec 30, 2021 |
| 1-Year Return | -0.20% |
| Volume | 145 |
| Open | 26.75 |
| Previous Close | 27.02 |
| Day's Range | 26.95 - 26.95 |
| 52-Week Low | 26.36 |
| 52-Week High | 31.64 |
| Beta | 0.42 |
| Holdings | 49 |
| Inception Date | Mar 10, 2021 |
About ASPY
The index is a rules-based, quantitative long/short hedging strategy that seeks to provide protection against bear market losses, by being net short, and to capture the majority of bull market gains, by being net long, with respect to the S&P 500 Index. Under normal market conditions, the fund will invest at least 80% of its total assets in securities and cash included in the index's Long Book.
Top 10 Holdings
94.29% of assets| Name | Symbol | Weight |
|---|---|---|
| First American Treasury Obligs X | FXFXX | 84.14% |
| Duke Energy | DUK | 1.33% |
| Newmont | NEM | 1.26% |
| Crown Castle International | CCI | 1.21% |
| Domino's Pizza | DPZ | 1.14% |
| Activision Blizzard | ATVI | 1.05% |
| Verizon Communications | VZ | 1.05% |
| O'Reilly Automotive | ORLY | 1.04% |
| Bristol-Myers Squibb Company | BMY | 1.04% |
| AT&T, Inc. | T | 1.03% |
News
A Dynamic ETF Strategy That Can Ride Out Both Bull and Bear Markets
A quantitative exchange traded fund strategy that seeks to produce ASYMmetric returns could help investors capture gains in both bull and bear markets. In the recent webcast, A Precipitous Pullback?
ETF Odds & Ends: Muted Activity
Although most of the week was fairly quiet, several closures were completed in that time.
ASYMmetric ETFs Renames Its Flagship Fund to the ASYMshares™ ASYMmetric S&P 500® ETF (NYSE: ASPY)
NEW YORK--(BUSINESS WIRE)--ASYMmetric ETFs announces its flagship fund is renamed the ASYMshares™ ASYMmetric S&P 500® ETF (NYSE: ASPY) under a new licensing agreement with S&P Dow Jones Indices. Effecti...
ETF 360: Q&A with ASYMmetric's Darren Schuringa
For this week's episode of ETF 360, ETF Trends CEO Tom Lydon and CIO Dave Nadig spoke with Darren Schuringa, CFA, the CEO at ASYMmetric ETFs, who discusses the first ETF released by the company along wi...
ETF Prime: Dave Nadig Talks Evolving Markets
On this week's episode of ETF Prime, host Nate Geraci is joined by ETF Trends' CIO and Director of Research, Dave Nadig, to discuss volatility, risk, and evolving market dynamics. This episode also feat...
ETF of the Week: ASYMshares ASYMmetric 500 ETF (ASPY)
ETF Trends CEO Tom Lydon discussed the ASYMshares ASYMmetric 500 ETF (ASPY) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. ASPY is a passively managed, rules-based alte...
Understanding The Innovation Of ASYMmetric ETFs
This past March, ASYMmetric ETFs™, LLC launched the ASYMshares ASYMmetric 500 ETF (NYSE: ASPY), an innovative turn-key investment solution designed with the potential to generate positive returns across...
ASYMmetric ETFs Introduces Disruptive Risk Management Tool, ‘ASPY'
On Wednesday, ASYMmetric ETFs, LLC enters the ETF market with the launch of the ASYMshares ASYMmetric 500 ETF (NYSE: ASPY), an innovative turn-key investment solution designed with the potential to gene...
New ETF Captures Hedge Fund Strategy
ASYMmetric ETFs looks to make strategies used by the 1% accessible to everyone else.