SSUS - Day Hagan/Ned Davis Research Smart Sector ETF
| Assets | $215.00M |
| NAV | $32.09 |
| Expense Ratio | 0.79% |
| PE Ratio | 28.30 |
| Beta (5Y) | 0.99 |
| Dividend (ttm) | $0.14 |
| Dividend Yield | 0.45% |
| Ex-Dividend Date | Dec 24, 2020 |
| 1-Year Return | - |
| Trading Day | April 21 |
| Last Price | $32.37 |
| Previous Close | $32.09 |
| Change ($) | 0.28 |
| Change (%) | 0.87% |
| Day's Open | 32.00 |
| Day's Range | 32.00 - 32.43 |
| Day's Volume | 49,358 |
| 52-Week Range | 21.27 - 32.76 |
Fund Description
The investment seeks long-term capital appreciation and preservation of capital. The fund is considered a fund of funds that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated equity exchange traded funds (ETFs) that track the performance of the individual sectors (Sectors) of the S&P 500 Index. The Advisor will attempt to enhance returns relative to the index by overweighting and underweighting its exposure to the Sectors relative to the index and may reduce its overall exposure to ETFs as determined by its risk management model. It is non-diversified.
| Asset Class Equity | Inception Date Jan 17, 2020 |
| Exchange NYSEARCA | Ticker Symbol SSUS |
Top 10 Holdings
97.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Technology Select Sector SPDR Fund | XLK | 26.56% |
| Health Care Select Sector SPDR Fund | XLV | 13.26% |
| Financial Select Sector SPDR Fund | XLF | 13.22% |
| Communication Services Select Sector SPDR Fund | XLC | 12.77% |
| Consumer Discretionary Select Sector SPDR Fund | XLY | 9.15% |
| Consumer Staples Select Sector SPDR Fund | XLP | 7.02% |
| Industrial Select Sector SPDR Fund | XLI | 5.95% |
| Energy Select Sector SPDR Fund | XLE | 3.28% |
| Materials Select Sector SPDR Fund | XLB | 3.14% |
| Utilities Select Sector SPDR Fund | XLU | 2.97% |
These products could be worthwhile for low risk-tolerant investors looking to safeguard their portfolio in the current market environment and seeking outperformance.
These ETFs were launched in the first quarter and have amassed a decent asset base within days of hitting the market.
On Friday, Day Hagan Asset Management (DH) and Ned Davis Research (NDR), a leading independent provider of global economic and financial analysis, launched a new ETF looking towards long-term appreciati...