Acruence Active Hedge U.S. Equity ETFAcruence Active Hedge U.S. Equity ETFAcruence Active Hedge U.S. Equity ETF

Acruence Active Hedge U.S. Equity ETF

No trades
Buy XVOL

Key stats


Assets under management (AUM)
‪6.52 M‬USD
Fund flows (1Y)
‪−22.58 M‬USD
Dividend yield (indicated)
0.92%
Discount/Premium to NAV
0.1%

About Acruence Active Hedge U.S. Equity ETF


Issuer
Tidal Investments LLC
Brand
Acruence
Expense ratio
0.86%
Inception date
Apr 22, 2021
Index tracked
No Underlying Index
Management style
Active
XVOL seeks capital appreciation with reduced volatility through a combination of equity investments and volatility reduction options strategies. The funds equity portfolio consists of 40 to 80 stocks selected from the S&P 500 Index for either dividends or growth. The equity selection process includes an industry analysis and various fundamental screens. The fund aims for lower volatility than the S&P 500 by engaging in one or more of the following option strategies: 1) VIX Options, 2) Options Collar, 3) Vertical Spread, 4) Covered Call, and 5) Box Trade. The fund may invest up to 20% of its assets in a wholly-owned Cayman Islands subsidiary to gain exposure to VIX Options. The portfolio allocation is based on the sub-advisers outlook for the US equity markets. If the sub-advisers market outlook is positive, the equity portion of the portfolio will be equally weighted between dividends and growth. While on a negative outlook, the portfolio will tilt more heavily towards dividends.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 29, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Utilities
Stocks98.74%
Finance40.46%
Utilities11.42%
Technology Services8.43%
Communications8.43%
Producer Manufacturing6.12%
Retail Trade5.48%
Health Technology4.83%
Electronic Technology4.25%
Commercial Services2.80%
Consumer Services1.78%
Distribution Services1.65%
Industrial Services1.55%
Process Industries1.55%
Bonds, Cash & Other1.26%
Cash1.21%
Mutual fund0.05%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows