NestYield Total Return Guard ETF (EGGS)
NestYield Total Return Guard ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Downey, CA, US. The stock last traded at $39.13, up 5.09% on the session, giving a market capitalisation of $26.1M. Its beta of 1.18 implies it has historically moved more than the broad market.
This fund operates with a two-pronged investment strategy. Firstly, it gains exposure to equity markets either by directly owning a portfolio of stocks or by achieving synthetic equity positions through the use of options contracts. Secondly, the fund aims to generate income while simultaneously offering protection against substantial declines in the stock market, all facilitated by its options portfolio. It is important to note that this fund is not diversified.
NestYield Total Return Guard ETF is most often compared with the following Financial Services names: