Simplify Volt RoboCar Disruption and Tech ETF (VCAR)
Simplify Volt RoboCar Disruption and Tech ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Las Vegas, NV, US. The stock last traded at $23.85, down 1.81% on the session, giving a market capitalisation of $21.5M. Its beta of 1.50 implies it has historically moved more than the broad market.
This ETF aims to achieve its investment objective by primarily allocating capital to the equity securities of U.S. and international companies pioneering advancements in robocar disruption and technology. Furthermore, the fund employs an option overlay strategy across its equity holdings. Under typical market conditions, at least 80% of its net assets (including any funds borrowed for investment) will be dedicated to domestic and foreign securities of companies central to this investment theme. The fund is structured as non-diversified.
Simplify Volt RoboCar Disruption and Tech ETF is most often compared with the following Financial Services names: