What is YPS?

YPS tracks an index that holds the components of the S&P 500 Index, weighted inversely by market-cap.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
YPS 7.27% 15.51% 5.90% -4.98% 8.19% 7.43% --
YPS (NAV) 7.33% 15.71% 5.87% -4.99% 8.18% 7.43% --
Reverse Cap Weighted U.S. Large Cap Index 7.37% 15.68% 5.89% -4.76% 8.34% 7.63% --
MSCI USA Large Cap Index 3.98% 7.96% 3.56% -11.35% 7.53% 9.14% 12.56%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

YPS Factset Analytics Insight

YPS effectively flips the S&P 500 on its head. By weighting its holdings inversely to their market-cap, it allocates more to the smallest members of the large-cap index. In contrast to some competitor funds which utilize an equal-weighting scheme, YPS gives greater weight to the S&P 500’s smallest constituents than to its mega-caps. This approach produces a dramatic tilt toward smaller firms, and may increase market risk. Indeed, the weighted average market-cap of the fund is just slightly higher than that of many US mid-cap ETFs. Inverse weighting is likely to create significant sector tilts relative to the parent index and the large-cap opportunity set. The fund’s top holdings list can change often as market movements and corporate actions push firms in and out of the S&P 500. Note: The fund was originally launched through ETF Series Solutions, and was acquired by Arrow Investments Trusts on May 24, 2021. Although the fund name and ticker changed, the strategy remained the same.

YPS Summary Data

Arrow Funds
10/31/17
0.29%
$26.70M
Reverse Cap Weighted U.S. Large Cap Index
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.01B 90 Days

YPS Portfolio Data

$24.45B
18.09
2.56
1.03%
N/A
498

YPS Index Data

Reverse Cap Weighted U.S. Large Cap Index
Inverse Market Cap
Committee
MSCI USA Large Cap Index

YPS Portfolio Management

0.29%
-0.24%
-0.07%
-0.51%

YPS Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

YPS Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Medium
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 YPS. YPS is rated a 4 out of 5.

YPS Tradability

13,080
$284.93K
601
$13.02K
0.40%
$0.08
-0.02%
0.26% / -0.46%
None
100.00%
50,000
0.01
0.04%
0.01%
0
$22.01
4

YPS Sector/Industry Breakdown

YPS Segment
Benchmark
20.06% --
9.74% --
8.81% --
7.47% --
7.43% --
7.14% --
5.75% --
5.24% --
4.27% --
3.88% --

YPS Performance Statistics

0.90
0.95
0.97
0.92
0.51%
MSCI USA Large Cap Index

YPS Countries

YPS Segment
Benchmark
100.00% 99.88%
-- 0.12%

YPS Regions

YPS Segment
Benchmark
100.00% 100.00%

YPS Economic Development

YPS Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

YPS Benchmark Comparison Holdings

498
296
263
18.70%

YPS Benchmark Comparison Summary

YPS Segment
Benchmark
498 296
$24.45B $523.16B
18.09 20.54
2.56 4.31
1.75% 1.53%
Low Low

YPS Benchmark Comparison Market Cap Size

YPS Segment
Benchmark
63.89% 99.85%
34.90% 0.15%
0.00% 0.00%
0.00% 0.00%