Merlyn.AI SectorSurfer Momentum ETF (DUDE)
Merlyn.AI SectorSurfer Momentum ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $20.00, down 0.12% on the session, giving a market capitalisation of $15.0M. Its beta of 0.00 implies it has historically moved less than the broad market.
Under typical circumstances, at least 80% of the fund's total capital will be invested directly in the underlying securities that comprise its benchmark index, excluding any collateral received from securities lending activities. The core purpose of this index is to assess the state of U.S. equity markets, determining whether they exhibit an upward trajectory (referred to as a "Bull" indicator) or show a heightened potential for a market downturn (a "Bear" indicator). It's important to note that the fund itself is structured as non-diversified.
Merlyn.AI SectorSurfer Momentum ETF is most often compared with the following Financial Services names: