What is TYNE?

TYNE tracks a modified equal-weighted index of US-listed companies involved in the nanotechnology industry. The exposure spans across traditional sectors of consumer discretionary, health care, industrials, information technology and materials.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
TYNE 4.56% 19.04% 5.13% -9.36% -- -- --
TYNE (NAV) 4.69% -8.36% 5.22% -- -- -- --
S&P Kensho Extended Nanotechnology Index 4.72% 19.17% 5.26% -9.05% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

TYNE Factset Analytics Insight

TYNE is one of the few ETFs that focus on nanoscale technology. The fund consists of US-listed companies involved in the creation and/or manipulation of matter at a nano- or microscale level, including: fabrication and manufacturing, measurement and simulation, materials, and delivery systems used for nanomaterials. The selection process starts with a proprietary natural language processing—which identifies nanotechnology firms using keywords from company-issued filings. Each company is then classified as either “core” or “non-core” depending on its business activity focus. Holdings are initially equal-weighted, with an overweighting factor applied to core stocks. Additionally, a diversification screen is applied so that the aggregate weight of securities with over 4.5% allocation is limited to 45% weight. The index is rebalanced quarterly. Unlike TYNE’s US-based, modified equal-take, TINY—a similar nanotech-focused ETF, captures developed markets with its vanilla strategy.

TYNE Summary Data

Direxion
11/23/21
0.65%
$1.33M
S&P Kensho Extended Nanotechnology Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

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

TYNE Portfolio Data

$22.72B
-16.76
2.84
0.02%
N/A
30

TYNE Index Data

S&P Kensho Extended Nanotechnology Index
Tiered
Market Cap
N/A

TYNE Portfolio Management

0.65%
--
--
--

TYNE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

TYNE Fund Structure

Open-Ended Fund
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 TYNE. TYNE is rated a 3 out of 5.

TYNE Tradability

975
$15.66K
155
$1.91K
0.42%
$0.07
-0.06%
1.13% / -2.46%
None
100.00%
25,000
0.01
--
0.15%
0
$17.45
3

TYNE Sector/Industry Breakdown

TYNE Segment
Benchmark
72.80% --
15.21% --
8.55% --
3.28% --
0.15% --

TYNE Top 10 Holdings

4.10%
3.22%
57.79%

TYNE Performance Statistics

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

TYNE Countries

TYNE Segment
Benchmark
93.75% --
3.70% --
2.55% --

TYNE Regions

TYNE Segment
Benchmark
93.75% --
3.70% --
2.55% --

TYNE Economic Development

TYNE Segment
Benchmark
100.00% --
0.00% --

TYNE Benchmark Comparison Holdings

30
--
--
--

TYNE Benchmark Comparison Summary

TYNE Segment
Benchmark
30 --
$22.72B --
-16.76 --
2.84 --
0.30% --
High --

TYNE Benchmark Comparison Market Cap Size

TYNE Segment
Benchmark
26.38% --
36.01% --
11.91% --
25.63% --

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.