ASPY ASYMshares ASYMmetric S&P 500 ETF
What is ASPY?
ASPY is a passively managed, rules-based alternative strategy to hedging US large-cap equities. The fund targets between -25% and 75% net long equity exposure based on market risk.
ASPY Factset Analytics Insight
ASPY attempts to generate positive returns across all market conditions by shifting its allocation to S&P 500 stocks based on market volatility and momentum. The fund gets its long exposure by selecting large-cap equities from the S&P 500 that have low price volatility relative to the broad market. A fixed number of securities are selected from each sector and held on an equal weight basis. Short selling shares of ticker: SPY is utilized to create net portfolio short exposure. The market exposure will range between 75% long and -25% short where the net exposure is the difference between the long and short allocation. Market risk is measured quantitatively based on two proprietary price-based indicators that include volatility and momentum. The portfolio is reconstituted and rebalanced on a monthly basis.
ASPY Summary Data
Peers
Fund Flows
ASPY Portfolio Data
ASPY Index Data
ASPY Portfolio Management
ASPY Tax Exposures
ASPY Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ASPY. ASPY is rated a N/A out of 5.
ASPY Tradability
ASPY Asset Allocation
ASPY Performance Statistics
ASPY Top 5 Holdings Long
ASPY Top 5 Holdings Short
ASPY Correlations (Daily Returns 12 Mo)
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.