BAD Fund Description
BAD tracks a modified equal-weighted index of US-listed companies engaged in betting, alcohol, cannabis, and drugs.
BAD Factset Analytics Insight
BAD stands by its name with its contra-ESG exposure. The fund’s narrow portfolio consists of 50 to 65 US-listed companies that derive majority of their revenue from any of the following categories: a) betting, including casinos and gaming, b) manufacturing and distribution of alcohol and/or cannabis cultivation, and c) production and development of pharmaceutical drugs and biotechnology products. The selection process is mainly based on financial statements and company filings, as well as third-party research, reports, and analysis. Holdings are weighted equally within each category. The fund limits its cannabis-related investments to 10% of its net assets. Additionally, the fund may have exposure to foreign companies through American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs). The index rebalances and reconstitutes quarterly.
BAD Portfolio Data
BAD Index Data
BAD Portfolio Management
BAD Tax Exposures
BAD Fund Structure
BAD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of BAD. BAD is rated a 4 out of 5.
BAD Sector/Industry Breakdown
BAD Top 10 Holdings[View All]
BAD Economic Development
BAD Performance Statistics
BAD Benchmark Comparison Summary
BAD Benchmark Comparison Market Cap Size
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.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.