Key stats
About EVOLVE S&P 500 ENHANCED YIELD FUND HEDGED ETF UNITS
Expense ratio
0.97%
Home page
Inception date
Jan 9, 2023
The fund seeks long-term capital growth by investing primarily in the constituents of the well-known S&P 500 index which comprises the largest 500 companies in the US, selected by the S&P committee and weighted by market-cap. The fund will employ a sampling strategy, where it may not hold all the securities that comprise the index and instead invest in securities with similar characteristics to the index constituents. To provide additional value and minimize volatility, the fund also employs a covered call options strategy for up to 33% of its portfolio. Derivatives may be utilized in generating additional profit, reducing transaction costs, increasing the liquidity and efficiency of trading, and hedging purposes. The index is rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
ETF
Stocks78.90%
Electronic Technology17.33%
Technology Services15.69%
Finance9.22%
Health Technology7.32%
Retail Trade6.18%
Consumer Non-Durables3.30%
Producer Manufacturing2.88%
Consumer Services2.36%
Energy Minerals2.34%
Commercial Services2.17%
Utilities1.87%
Health Services1.63%
Consumer Durables1.32%
Process Industries1.30%
Transportation1.22%
Industrial Services0.72%
Communications0.66%
Distribution Services0.58%
Non-Energy Minerals0.40%
Bonds, Cash & Other21.10%
ETF21.14%
Cash0.48%
Rights & Warrants−0.52%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history