ETF profile for Etc 6 Meridian Hedged Equity-Index Option Strategy ETF (SIXH) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
SIXH ETF Profile
| Family: |
Exchange Traded Concepts |
| Name: |
ETC 6 Meridian Hedged Equity-Index Option Strategy ETF |
|
|
| Inception Date: |
11-May-2020 |
| Termination Date: |
|
| Investment Objective: |
The Hedged Equity-Index Option portfolio seeks to capture the majority of the return of the US stock market with less risk than other equity investments. The portfolio is comprised large cap stocks with call options sold against the SPDR S&P 500 exchange traded fund in an effort decrease volatility and to increase current income. The stocks are selected utilizing our quantitative models and the options are selected based on our proprietary option selling model. We have found through our own research that selling call options against a broad-based and liquid index such as the S&P 500 provided better overall outcomes compared to selling call options against individual stocks. |
|
|
| Prospectus |
|
|
|
| Top 10 Holdings |
|
|
| ALTRIA GROUP INC |
MO |
5.5500% |
| PEPSICO INC |
PEP |
4.0200% |
| PHILIP MORRIS INTERNATIONAL |
PM |
3.9700% |
| BRISTOL-MYERS SQUIBB COMPANY |
BMY |
3.7200% |
| VERIZON COMMUNICATIONS INC |
VZ |
3.6400% |
| AT&T INC |
T |
3.2100% |
| CONOCOPHILLIPS |
COP |
2.9700% |
| SS SPDR BB 1-3M T-BILL ETF |
BIL |
2.9600% |
| AMERICAN TOWER CORP |
AMT |
2.9100% |
| WALMART INC. |
WMT |
2.8700% |
|
Top 10 Holdings Weight: |
35.8% |
| Number of Holdings: |
52 |
| Shares Outstanding: |
13,900,000 |
| Total Net Assets: |
624,835,584 |
| NAV: |
44.90 |
| Net Expense Ratio: |
0.69% |
|
|
| Asset Class: |
Equities (Stocks) |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
|
| Strategy: |
Covered Call Strategy |
| Currency: |
|
| Commodity: |
|
| Sector: |
|
| Industry: |
|
| Dividend Type: |
|
| Tax Exempt State: |
|
| Maturity Duration: |
|
| Market Cap: |
Large Cap |
| Credit Quality: |
|
| Mortgage Bond Types: |
|
| Bond Type: |
|
| Gov't Bond Types: |
|
| Reit Type: |
|
| Leverage Direction/Factor: |
|
| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
