VanEck Long/Flat Trend ETF (LFEQ)
VanEck Long/Flat Trend ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $61.43, up 0.27% on the session, giving a market capitalisation of $29.2M. Its beta of 0.94 implies it has historically moved less than the broad market.
The VanEck Long/Flat Trend ETF (LFEQ) strives to replicate, as accurately as possible and prior to expenses, the price and yield characteristics of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). This underlying index utilizes a unique algorithmic model that dictates its allocation between U.S. equities and/or U.S. Treasury bills. The primary objective is to mitigate potential losses during market declines and seize opportunities during upward trends. This model issues daily signals, defining the index's equity exposure at specific levels: 100%, 50%, or 0%.
VanEck Long/Flat Trend ETF is most often compared with the following Financial Services names: