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.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ASPY 1.38% -0.82% 1.33% -6.14% -- -- --
ASPY (NAV) 1.49% -0.73% 1.38% -6.08% -- -- --
Asymshares ASYMmetric S&P 500 ETF -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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

03/10/21
0.95%
$27.09M
Asymshares ASYMmetric S&P 500 ETF
N/A
Open-Ended Fund

Peers

N/A
HDG, QAI, RLY

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
-$0.00B 90 Days

ASPY Portfolio Data

Long/Short Equity
--
N/A
--

ASPY Index Data

Asymshares ASYMmetric S&P 500 ETF
Tiered
Multi-Factor
N/A

ASPY Portfolio Management

0.95%
--
--
--

ASPY Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

ASPY Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
High
Daily

Factset Analytics Block Liquidity

As of 01/23/23

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

5,611
$149.80K
3,121
$83.25K
0.22%
$0.06
0.04%
0.50% / -0.45%
None
100.00%
30,000
0.10
--
--
0
$26.71
N/A

ASPY Asset Allocation

Short
Long
Net
Equity
--
--
--
Fixed Income
--
--
--
Commodities
--
--
--
Currency
--
--
--

ASPY Performance Statistics

-6.08%
2.71%
-1.60%
0.15
0.24
0.12
0.78

ASPY Top 5 Holdings Long

64.75%
0.79%

ASPY Top 5 Holdings Short

--

ASPY Correlations (Daily Returns 12 Mo)

0.65
0.21
0.16

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.