AGFiQ Dynamic Hedged U.S. Equity ETF (USHG)
AGFiQ Dynamic Hedged U.S. Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $31.51, up 1.04% on the session, giving a market capitalisation of $3.1M. Its beta of 0.00 implies it has historically moved less than the broad market.
The AGFiQ Dynamic Hedged U.S. Equity ETF aims to generate consistent capital growth over the long term, while also striving to maintain a lower level of price volatility compared to the broader market. Under normal operating conditions, this fund commits at least 80% of its total investable assets (which includes any borrowed capital for investment purposes) to stocks issued by companies that have strong economic ties to the United States. It achieves this by functioning as a "fund of funds," primarily allocating its investments to other exchange-traded funds (ETFs), with a specific focus on those concentrating in various market sectors, as well as general ETFs.
AGFiQ Dynamic Hedged U.S. Equity ETF is most often compared with the following Financial Services names: