Fund Description |
The Hedged Equity-Index Option portfolio seeks to capture the majority of the return of the US stock market with less risk than other equity investments. The portfolio is comprised large cap stocks with call options sold against the SPDR S&P 500 exchange traded fund in an effort decrease volatility and to increase current income. The stocks are selected utilizing our quantitative models and the options are selected based on our proprietary option selling model. We have found through our own research that selling call options against a broad-based and liquid index such as the S&P 500 provided better overall outcomes compared to selling call options against individual stocks. |
Fund Profile |
Fund Name |
6 Meridian Hedged Equity-Index Option Strategy ETF |
Fund Exchange Ticker |
SIXH |
Fund Sponsor |
Exchange Traded Concepts |
Fund ISIN |
US3015056654 |
Net Expense Ratio |
0.81 % |
Fund Inception Date |
11 May 2020 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
US Equities - Quant Strat |
Asset Class |
Equities (Stocks) |
Index Linked |
Active |
Index Name |
Not Applicable |
Index Provider |
Not Applicable |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Market Capitalization Range |
Large Cap |
Growth Value |
Core / Blend |
Continent |
North America |
Key Statistics |
Return As of Date |
21 January 2021 |
Asset Under Management |
0.00 Million (USD) |
1 Month Total Return |
2.08 % |
Year To Date Return |
2.26 % |
1 Year Total Return |
|
3 Year Annualized Total Return |
|
NAV |
|
Share Outstanding |
|