SOGU AXS Short De-SPAC ETF

*Unless otherwise stated, data provided by FactSet.

SOGU Fund Description

SOGU is an actively managed fund that provides inverse exposure to the daily performance of The De-SPAC Index.

SOGU Factset Analytics Insight

SOGU and its sister fund DSPC are the first ETFs to offer pure-play exposure to US-listed de-SPACs—companies that recently completed a business combination transaction with a SPAC (special purpose acquisition company). The fund attempts to achieve the inverse (-1x) return of the reference index, which is composed of 25 of the largest de-SPAC companies. As an inverse product, SOGU is not a buy-and-hold investment and should not be expected to provide index return of greater than a one-day period. While the index rebalances its holdings monthly, the fund rebalances its inverse exposure daily. Over longer periods, compounding effects can lead to profound differences in expected returns relative to the index. As an actively managed fund, the portfolio managers can deviate from underlying holdings of the reference index. The managers may analyze market and financial data to make individual buy, sell, and hold decisions at their discretion.

PERFORMANCE [as of 10/04/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SOGU -0.83% -30.33% 51.44% 54.03% -- -- --
SOGU (NAV) -1.34% -30.56% 50.09% 53.09% -- -- --
The De-SPAC Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SOGU Summary Data

05/19/21
Open-Ended Fund
0.95%
$25.45M
0.75%

SOGU Portfolio Data

4.36%
N/A

SOGU Index Data

The De-SPAC Index
Proprietary
Proprietary
N/A

SOGU Fund Structure

No
No
-- / --
N/A
N/A
High
-1
N/A

SOGU Tax Exposures

20.00% / 39.60%
--
No

SOGU Factset Analytics Block Liquidity

As of 10/05/22
5
4
3
2
1

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

SOGU Tradability

11,744
$527.87K
8,765
$377.60K
0.75%
$0.33
0.07%
3.61% / -6.03%
None
100.00%
25,000
0.35
--
--
517
$44.14
N/A

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.