Toews Agility Shares Dynamic Tactical Income ETF (THY)
Toews Agility Shares Dynamic Tactical Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Northfield, NJ, US. The stock last traded at $21.64, up 0.14% on the session, giving a market capitalisation of $35.3M. Its beta of 0.51 implies it has historically moved less than the broad market.
To fulfill its investment objectives, the fund's advisor principally invests in a diverse range of assets. These include various Exchange Traded Funds (ETFs), as well as derivative instruments like options that are tied to ETFs, individual stocks, and broader market indices. The strategy also involves utilizing futures and options designed to provide exposure to higher-yielding debt securities, commonly known as "junk bonds," originating from both domestic and international markets. Furthermore, the fund may hold highly liquid assets in the form of U.S. and foreign cash equivalents. For the purpose of risk management, the fund retains the option to hedge its long positions through the deployment of futures contracts or ETFs.
Toews Agility Shares Dynamic Tactical Income ETF is most often compared with the following Financial Services names: