Counterpoint High Yield Trend ETF (HYTR)
Counterpoint High Yield Trend ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Diego, CA, US. The stock last traded at $21.36, up 0.12% on the session, giving a market capitalisation of $185.3M. Its beta of 0.64 implies it has historically moved less than the broad market.
This fund aims to achieve its investment objectives by allocating a minimum of 80% of its net assets to the securities that form its benchmark index. This index operates under a predefined set of rules and is made up of one to three components. These components represent a strategic blend of investments across two distinct asset classes: U.S. high-yield corporate bond exchange-traded funds (ETFs) and U.S. Treasury ETFs with maturities ranging from three to seven years.
Counterpoint High Yield Trend ETF is most often compared with the following Financial Services names: