DeltaShares S&P 600 Managed Risk ETF (DMRS)
DeltaShares S&P 600 Managed Risk ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $53.49, up 0.03% on the session, giving a market capitalisation of $3.8M. Its beta of 0.78 implies it has historically moved less than the broad market.
Under typical market circumstances, the DeltaShares S&P 600 Managed Risk ETF (DMRS) is designed to commit a minimum of 80% of its holdings, not including any collateral from securities lending, to instruments that comprise the S&P 600 Managed Risk 2.0 Index. This foundational index endeavors to manage risk by dynamically allocating its weighting across three specific benchmarks: the S&P SmallCap 600 Index, the S&P U.S. Treasury Bond Current 5-Year Index, and the S&P U.S. Treasury Bill 0-3 Month Index. It's important to note that this fund operates as a non-diversified investment vehicle.
DeltaShares S&P 600 Managed Risk ETF is most often compared with the following Financial Services names: