Barclays ETN+ S&P VEQTOR ETN (VQT)
Barclays ETN+ S&P VEQTOR ETN operates in the Asset Management industry of the Financial Services sector. The stock last traded at $199.50, up 0.25% on the session, giving a market capitalisation of $11.0M. Its beta of 0.27 implies it has historically moved less than the broad market.
This investment product aims to mirror the performance of the S&P 500 Dynamic VEQTOR Total Return Index, taking into account its operating costs. The underlying index is structured to offer broad market participation in equities, combined with a protective measure against market volatility. It achieves this by adaptively distributing its theoretical holdings among three distinct categories: stocks, market volatility, and cash. Specifically, its equity component tracks the S&P 500 Total Return Index, while its volatility component is based on the S&P 500 VIX Short-Term Futures Index.
Barclays ETN+ S&P VEQTOR ETN is most often compared with the following Financial Services names: