| Family: | Liquid Strategies |
| Name: | Overlay Shares Hedged Large Cap Equity ETF |
| Inception Date: | 14-Jan-2021 |
| Termination Date: | |
| Investment Objective: | The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek to obtain exposure to the performance of U.S. large-cap equity securities or directly in the securities held by such ETFs (collectively, the Underlying Investments ), (ii) selling and purchasing listed short-term put options ( put spreads ) to generate income to the Fund (the Overlay Strategy ), and (iii) purchasing long-term out-of-the-money put options (i.e., put options with a strike price below the current price of the reference asset) to seek to hedge against significant declines in U.S. large-cap equities. Under normal circumstances, at least 80% of the Fund s net assets, plus borrowings for investment purposes, will be invested, directly or indirectly through ETFs, in equity securities of large-cap companies. |
| Prospectus | |
| Top 10 Holdings | ||
| Vanguard S&P 500 ETF | VOO | 97.9600% |
| SPX US 09/17/27 P7100 | 0.5300% | |
| SPX US 08/20/27 P7100 | 0.4900% | |
| SPX US 06/17/27 P7100 | 0.4000% | |
| SPX US 03/19/27 P7100 | 0.2600% | |
| Cash & Other | 0.1900% | |
| SPX US 01/15/27 P7100 | 0.1500% | |
| SPXW US 10/16/26 P7100 | 0.0000% | |
| Top 10 Holdings Weight: | 100.0% |
| Number of Holdings: | 8 |
| Shares Outstanding: | 2,510,000 |
| Total Net Assets: | 106,926,000 |
| NAV: | 42.60 |
| Net Expense Ratio: | 0.80% |
| Asset Class: | Equities (Stocks) |
| Developed or Emerging: | Developed Market Funds |
| Country: | US |
| Region: | |
| Strategy: | Downside Protection |
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| Market Cap: | Large Cap |
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| Is Currency Hedged: | No |
| US or Ex-US: | Domestic |