XVOL

Acruence Active Hedge U.S. Equity ETF
*Unless otherwise stated, data provided by FactSet.

XVOL Fund Description

XVOL is an actively managed fund that seeks capital growth with reduced volatility as compared to the S&P 500 by purchasing options contracts on the VIX Index.

XVOL Factset Analytics Insight

XVOL, though actively managed, invests at least 80% of its net assets in a portfolio that replicates the constituents and weights of the S&P 500 Index, while seeking to deliver lower volatility by purchasing options contracts on the CBOE Volatility Index (VIX Index). An option gives investors the right to purchase or sell the underlying index at a specified price, on a specified date in exchange for the premium paid. To determine the number of VIX options contracts to purchase, as well as its strike price and expiration date, the fund utilizes a proprietary, volatility-based algorithm. This VIX options exposure is reevaluated each month based on the level of forward expected volatility in the S&P 500, considering the VIX Index level and options price. The VIX Index estimates the expected level of volatility in the U.S. stock market (as reflected by the S&P 500), forward-looking over 30 days. Overall, XVOL targets investors that seek to achieve high risk-adjusted returns.

PERFORMANCE [as of 07/01/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
XVOL -6.85% -15.94% -20.01% -13.30% -- -- --
XVOL (NAV) -6.66% -15.89% -20.15% -13.09% -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Large Cap Index -6.37% -16.14% -20.07% -11.70% 10.89% 11.81% 13.19%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

XVOL Summary Data

Acruence
04/22/21
Open-Ended Fund
0.83%
$15.97M
$1.72M
0.53%

XVOL Portfolio Data

$516.74B
20.75
4.13
0.37%
N/A
400

XVOL Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Large Cap Index

XVOL Portfolio Management

0.83%
--
--
--

XVOL Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

XVOL Fund Structure

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

XVOL Factset Analytics Block Liquidity

As of 07/05/22
5
4
3
2
1

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

XVOL Tradability

97,183
$1.72M
4,919
$93.57K
0.53%
$0.10
0.08%
1.30% / -1.68%
None
99.00%
--
--
--
0.01%
0
$17.92
N/A

XVOL Sector/Industry Breakdown


XVOL
Segment Benchmark
16.81%
--
14.18%
--
12.96%
--
11.27%
--
7.18%
--
5.67%
--
3.69%
--
3.28%
--
3.22%
--
3.06%
--

XVOL Top 10 Holdings[View All]

Apple Inc. 6.46%
1.72%
Tesla Inc 1.72%
26.86%

XVOL Countries


XVOL
Segment Benchmark
100.00%
99.90%
--
0.10%

XVOL Regions


XVOL
Segment Benchmark
100.00%
100.00%

XVOL Economic Development


XVOL
Segment Benchmark
100.00%
100.00%

XVOL Performance Statistics

0.99
0.90
0.90
0.88
0.15%
MSCI USA Large Cap Index

XVOL Benchmark Comparison Holdings

400
296
262
90.18%

XVOL Benchmark Comparison Summary


XVOL
Segment Benchmark
400
296
$516.74B
$561.38B
20.75
17.33
4.13
3.34
1.51%
1.47%
Low
Low

XVOL Benchmark Comparison Market Cap Size


XVOL
Segment Benchmark
100.00%
99.97%
0.00%
0.03%
0.00%
0.00%
0.00%
0.00%

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.