Simplify Wolfe US Equity 150/50 ETF (WUSA)
Simplify Wolfe US Equity 150/50 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Las Vegas, NV, US. The stock last traded at $24.78, up 0.37% on the session, giving a market capitalisation of $23.8M. Its beta of 1.17 implies it has historically moved more than the broad market.
The Simplify Wolfe US Equity 150/50 ETF (WUSA) endeavors to deliver capital growth through a distinctive investment methodology. This approach involves simultaneously purchasing long positions in approximately 250 different companies while also initiating short positions against roughly 150 others. The selection of these specific equities is driven by a sophisticated machine learning algorithm. This algorithm meticulously assesses a vast number of fundamental indicators to pinpoint stocks anticipated to generate the strongest future returns, as well as those projected to underperform. The "150/50" in the fund's title signifies its asset distribution: 150% of its total capital is committed to its long holdings, with 50% allocated to its short holdings, ultimately leading to a net equity market exposure of 100%.
Simplify Wolfe US Equity 150/50 ETF is most often compared with the following Financial Services names: