PUNK

Subversive Metaverse ETF
*Unless otherwise stated, data provided by FactSet.

PUNK Fund Description

PUNK is an actively managed portfolio of globally-listed companies engaged in the future iteration of the internet: the metaverse. The fund can also sell securities short.

PUNK Factset Analytics Insight

PUNK actively invests in equities of US and foreign companies whose products and services support the infrastructure and applications of the metaverse. A committee of external subject matter experts analyzes companies and their role in supporting the industry. Eligible companies should have thematic exposure to any of the 7 layers of the metaverse: experience, discovery, creator economy, spatial computing, decentralization, human interface, and infrastructure. Companies are then ranked according to their level of focus and commitment to developing the metaverse, which may be evaluated using applicable revenue, workforce, and future capital commitments. The fund adviser uses a top-down approach to build the portfolio, which is then weighted according to thematic exposure. Securities can also be sold short if the adviser expects it to underperform the market.

PERFORMANCE [as of 08/15/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PUNK 14.49% 8.31% -- -- -- -- --
PUNK (NAV) 14.09% 8.23% -- -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PUNK Summary Data

Subversive
01/27/22
Open-Ended Fund
0.75%
$1.05M
$3.61K
0.43%

PUNK Portfolio Data

$326.34B
89.24
3.97
--
N/A
53

PUNK Index Data

No Underlying Index
Proprietary
Proprietary
N/A

PUNK Portfolio Management

0.75%
--
--
--

PUNK Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PUNK Fund Structure

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

PUNK Factset Analytics Block Liquidity

As of 08/17/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PUNK. PUNK is rated a N/A out of 5.

PUNK Tradability

222
$3.61K
118
0
0.43%
$0.08
0.02%
1.70% / -2.42%
None
85.00%
--
--
--
--
0
$20.98
N/A

PUNK Sector/Industry Breakdown


PUNK
Segment Benchmark
40.89%
--
24.49%
--
14.30%
--
7.75%
--
3.52%
--
3.28%
--
1.94%
--
1.14%
--
1.14%
--
0.93%
--

PUNK Countries


PUNK
Segment Benchmark
89.05%
--
6.52%
--
1.27%
--
1.06%
--
0.81%
--
0.60%
--
0.36%
--
0.32%
--

PUNK Regions


PUNK
Segment Benchmark
89.86%
--
7.12%
--
3.02%
--

PUNK Economic Development


PUNK
Segment Benchmark
99.68%
--
0.32%
--

PUNK Performance Statistics

--
--
--
--
--
N/A

PUNK Benchmark Comparison Holdings

53
--
--
--

PUNK Benchmark Comparison Summary


PUNK
Segment Benchmark
53
--
$326.34B
--
89.24
--
3.97
--
0.52%
--
Medium
--

PUNK Benchmark Comparison Market Cap Size


PUNK
Segment Benchmark
75.53%
--
11.46%
--
8.31%
--
4.70%
--

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.