Powered_By_SprayBlob_darkbg
Layer 1

ASYMmetric Smart S&P 500 ETF

Engineered to generate the returns
of the S&P 500 with less risk.

ASYMmetric Smart S&P 500 ETF (ASPY) is engineered to match the returns of the S&P 500 Index with a fraction of the risk of the index over a market cycle. ASPY seeks to accomplish these goals by being 100% invested in low volatility equities when the S&P is in a bull market and by being net short the S&P 500 when the index is in a bear market.

ASPY marries dynamic risk management with tax efficiency. We believe it is a smart way to gain equity exposure.

Investment Objective: ASYMmetric Smart S&P 500 ETF seeks to track the total return performance, before fees and expenses, of the ASYMmetric 500 Index (the “Index”). The Index is a quantitative (rules-based) hedging strategy that seeks to capture the majority of bull market gains of the S&P 500, by being net long, and to provide protection against bear market losses, by being net short, with respect to exposure to the S&P 500 Index.

Why Invest in ASPY?

bull-market 1

Seeks to Deliver Equity Returns with Less Risk

Aims to match the performance of the S&P 500 with less risk across a market cycle, by investing in low volatility equities during a bull market (Risk-On).

reduce 1

Seeks to Preserve

Seeks to preserve capital when market risk is rising and the outlook for the S&P 500 is uncertain by reducing portfolio exposure to near zero (Risk-Elevated).

bear-market 1

Seeks to Protect

Aims to protect capital when the S&P 500 is in a bear market, by being slightly net short, positioning the portfolio to profit during a bear market (Risk-Off).

ASPY Smart Facts

Smart Category:
ASPY is part of ASYMmetric’s Smart Equity category. Smart Equity solutions are designed to generate equity market returns with a fraction of the risk.

Designed For:
Conservative investors who need equity returns to power portfolio growth but can stomach equity volatility.

Suggested Use Case:
ASPY may be used as a core equity position with a recommended target allocation of 30% of equities.

Smart Facts  
CategorySmart Equity
Primary GoalEquity Returns
Secondary GoalLess Risk
Risk ProfileVery Low
Investor ProfileRisk Averse
Investor ObjectiveEquity Appreciation
Target Allocation30% Equities

ASPY is Powered by Smart Technology

ASYMmetric Risk Management Technology™ is designed to maximize returns while minimizing risk.
It seeks to accomplish this by reducing portfolio risk as market risk rises.

Risk Environment

Current Risk Environment:

Bull Market

As of 7/31/2023

Fund Exposure

Portfolio Positioned:

Maximize Returns

As of 7/31/2023

Price Momentum Indicator

S&P 500
Price Momentum Indicator (PMI)

As of 7/31/2023

Source: ASYMmetric Investment Solutions. An index cannot be made into an investment. Unmanaged index returns do not reflect any fees, expenses or sales charges. The fund's investments are designed to respond to volatility relying on the proprietary model developed by the index provider, however, there may be factors which limit the accuracy of the model that may adversely affect the fund. Past performance is no guarantee of future results.

Price Volatility Indicator

Bear Markets
Price VolTM
Threshold

As of 7/31/2023

Source: ASYMmetric Investment Solutions. An index cannot be made into an investment. Unmanaged index returns do not reflect any fees, expenses or sales charges. The fund's investments are designed to respond to volatility relying on the proprietary model developed by the index provider, however, there may be factors which limit the accuracy of the model that may adversely affect the fund. Past performance is no guarantee of future results.

ASPY Details and Performance Overview

ASPY Performance
  
As of (09/30/2023) As of (09/30/2023)
1 Month YTD Since Inception 1 Month 3 Month 1 Year Since Inception
Market Price -2.75%-3.30% 3.04%1.18% -2.75% -2.71% -3.58% 3.04%1.18%
NAV -2.82% -3.29% 3.04%1.17% -2.82% -2.62% -3.57% 3.04%1.17%
S&P 500® TR Index -4.77% -3.27% 15.16%5.67% -4.77% -3.27%21.62%15.16%5.67%
Capture Ratio
Market Price - S&P 500® 58% 20%21% 20% 58% 83% -17% 20%21%
Market Price - S&P 500® 59% -25% 20%21% 59% 80% -17% 20%21%

ASPY Details
Ticker ASPY
Investment Adivser ASYMmetric ETFs, LLC
Inception Date 3/9/2021
Exchange NYSE
Expense Ratio 0.95%
CUSIP 04651A101
NAV Symbol ASPY.NV
IOPV ASPY.IV
30 Day SEC yield* NA

*AS OF 10/18/2023

Fund Documents
Fact Sheet
Report Card
Investor Deck
Summary Prospectus
SAI
Prospectus
Semi-Annual Report
Annual Report
Premium Discount
ASPY Data & Pricing
Net Assets as of as of 10/18/2023 $17,080,448
NAV $25.49
Shares Outstanding 670,000
Premium/Discount Percentage %
Closing Price $
30 Day Median Bid/Ask Spread %

Data as of 10/18/2023

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Distribution Detail
EX DateRecord DatePayable DateOrdinary IncomeShort Term Capital GainsLong Term Capital GainsTotal Distribution
12/29/202212/30/202201/03/20220.23410.00000.00000.2341
12/30/202212/31/202201/04/20220.06230.00000.00000.0623

DOWNLOAD PREMIUM DISCOUNT INFORMATION

Top 10 Holdings
Percentage of Net AssetsNameIdentifierCUSIPSharesMarket Value
2.46%CONSOLIDATED EDISON INCED2091151044,784$421,566
2.42%CF INDS HLDGS INCCF1252691004,838$413,214
2.36%REALTY INCOME CORPO7561091048,054$404,311
2.34%ELECTRONIC ARTS INCEA2855121093,121$399,738
2.21%ACTIVISION BLIZZARD INCATVI00507V1094,013$378,586
2.20%GLOBE LIFE INCGL37959E1023,334$376,342
2.20%HUNTINGTON INGALLS INDS INCHII4464131061,718$376,826
2.20%EXXON MOBIL CORPXOM30231G1023,401$375,640
2.19%CBOE GLOBAL MKTS INCCBOE12503M1082,316$374,150
2.19%EVEREST GROUP LTDEGG3223R108973$374,907
2.19%LOCKHEED MARTIN CORPLMT539830109860$374,186
2.19%AT&T INCT00206R10225,015$374,224
2.17%NORTHROP GRUMMAN CORPNOC666807102799$371,631
2.16%PROGRESSIVE CORPPGR7433151032,597$369,423
2.15%VALERO ENERGY CORPVLO91913Y1002,822$367,453
2.15%VERIZON COMMUNICATIONS INCVZ92343V10411,593$368,194
2.14%AUTOZONE INCAZO053332102142$366,016
2.14%GENERAL MLS INCGIS3703341045,798$366,781
2.14%OREILLY AUTOMOTIVE INCORLY67103H107398$365,416
2.14%TRACTOR SUPPLY COTSCO8923561061,781$365,158
2.11%WASTE MGMT INC DELWM94106L1092,306$361,696
2.11%BERKLEY W R CORPWRB0844231025,698$360,057
2.10%TRAVELERS COMPANIES INCTRV89417E1092,215$359,339
2.09%CAMPBELL SOUP COCPB1344291099,032$357,306
2.05%SMUCKER J M COSJM8326964053,019$350,083
2.04%YUM BRANDS INCYUM9884981012,895$348,471
2.03%MOTOROLA SOLUTIONS INCMSI6200763071,221$348,046
2.02%CDW CORPCDW12514G1081,648$346,327
2.02%MCDONALDS CORPMCD5801351011,373$345,337
2.01%GARTNER INCIT366651107967$344,078
2.00%ROPER TECHNOLOGIES INCROP776696106687$341,570
1.97%AKAMAI TECHNOLOGIES INCAKAM00971T1013,120$337,553
1.97%INTERNATIONAL BUSINESS MACHS COMIBM4592001012,369$336,659
1.96%NETAPP INCNTAP64110D1044,410$335,160
1.96%TELEDYNE TECHNOLOGIES INCTDY879360105814$334,570
1.95%CISCO SYS INCCSCO17275R1026,183$333,078
1.95%HUMANA INCHUM444859102665$332,766
1.95%PTC INCPTC69370C1002,346$333,930
1.94%GEN DIGITAL INCGEN66877110818,801$332,590
1.93%TEXAS INSTRS INCTXN8825081042,090$329,509
1.92%JOHNSON & JOHNSONJNJ4781601042,076$328,755
1.91%AMGEN INCAMGN0311621001,203$326,314
1.90%MERCK & CO INCMRK58933Y1053,141$325,439
1.87%CORNING INCGLW21935010510,909$319,088
1.87%INCYTE CORPINCY45337C1025,598$320,430
1.86%BRISTOL-MYERS SQUIBB COBMY1101221085,628$317,363
1.85%JUNIPER NETWORKS INCJNPR48203R10411,962$316,634
1.83%DAVITA INCDVA23918K1083,421$312,269
0.49%Cash & OtherCash&OtherCash&Other84,469$84,469

Data as of 10/11/2023

Fund holdings and allocations are subject to change and are not recommendations to buy or sell any security. Current and future portfolio holdings are subject to risk. Please refer to the Schedule of Investments contained in this report for a full listing of fund holdings.


Download Full Holdings

Learn More About ASYMmetric Smart Solutions

Contact Us