PSYK ETF (PSYK)
PSYK ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $16.48, up 0.30% on the session, giving a market capitalisation of $1.9M. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund's manager utilizes a passive investment strategy, aiming to closely mirror the returns of its target index. This benchmark is systematically constructed based on specific criteria, focusing on companies engaged in the legal development and application of psychedelic treatments for various medical conditions, adhering to the regulatory frameworks of the respective countries. Generally, the fund will acquire all of the index's constituent securities, maintaining portfolio weightings that approximate their representation within the index. It is important to note that this fund is non-diversified.
PSYK ETF is most often compared with the following Financial Services names: