Acruence Active Hedge U.S. Equity ETF (XVOL)
Acruence Active Hedge U.S. Equity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Dallas, TX, US. The stock last traded at $23.32, down 0.13% on the session, giving a market capitalisation of $4.0M. Its beta of 1.12 implies it has historically moved more than the broad market.
This actively managed exchange-traded fund seeks to fulfill its goals by primarily allocating its capital to a portfolio that replicates the constituents and their proportional weightings within the S&P 500 index. Simultaneously, it strives to reduce overall market volatility by acquiring options contracts linked to the CBOE Volatility Index. To achieve exposure to VIX options, the advisor plans to invest in a subsidiary, with the allocation to this subsidiary capped at 20% of the fund's total assets. This fund is categorized as non-diversified.
Acruence Active Hedge U.S. Equity ETF is most often compared with the following Financial Services names: