Strategy Shares Day Hagan Smart Sector ETF (SSUS)
Strategy Shares Day Hagan Smart Sector ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Sarasota, FL, US. The stock last traded at $56.63, up 0.34% on the session, giving a market capitalisation of $603.6M. Its beta of 0.87 implies it has historically moved less than the broad market.
This ETF functions as a "fund of funds," primarily aiming to achieve its investment objectives during normal market conditions. It does so by investing in independent equity exchange-traded funds (ETFs) that track the performance of specific sectors within the S&P 500 Index. The investment advisor actively seeks to enhance returns compared to the index by strategically adjusting its exposure, either overweighting or underweighting these S&P 500 sectors. Additionally, the fund may reduce its overall allocation to ETFs, based on determinations from its internal risk management model. It is important to note that this fund is classified as non-diversified.
Strategy Shares Day Hagan Smart Sector ETF is most often compared with the following Financial Services names: