ASYMmetric Smart Income ETF
Engineered to generate higher income
than the S&P 500 with less risk.
ASYMmetric Smart Income ETF (MORE) is designed to generate high current income with less risk. MORE seeks to accomplish these goals by dynamically allocating to high-income-producing asset classes of MLPs, REITs, and Utilities when they are in a bull market and away from them into the relative safety of U.S Treasuries or the principal security of cash in a bear market.
MORE is a tactical asset allocation strategy. It does not use leverage, derivatives, or options.
Investment Objective: ASYMmetric Smart Income ETF (MORE) seeks to track the total return performance, before fees and expenses, of the ASYMmetric Smart Income Index (the “Index”). The Index is a quantitative (rules-based) tactical allocation strategy that seeks maximize high quality income by allocating to MLPs, REITs, and Utilities when in a bull market and into the relative safety of U.S. Treasuries or cash in a bear market.
Why Invest in MORE?
Seeks to Generate Higher Income with Less Risk
Aims to generate high-quality income by allocating to the high-income-producing asset classes of MLPs, REITs, and Utilities in a bull market (Risk-On).
Seeks to Preserve
Seeks preserve capital when high-income-producing asset classes are in a bear market, reallocating to the relative security of U.S. treasuries (Risk-Elevated).
Seeks to Protect
Aims to protect capital when no bull market exists in either high-income equities or bonds, by moving into the principal security of cash (Risk-Off).
MORE Smart Facts
Smart Category:
MORE is part of ASYMmetric’s Smart Income category. Smart Income solutions are designed to maximize income while minimizing risk.
Designed For:
Conservative investors who want more income, but not more risk.
Suggested Use Case:
MORE may be used as a fixed income replacement with a suggested target allocation of 25% of fixed income.
| Smart Facts | |
|---|---|
| Category | Smart Income |
| Primary Goal | Maximum Income |
| Secondary Goal | Minimum Risk |
| Risk Profile | Low |
| Investor Profile | Conservative |
| Investor Objective | High Current Income |
| Target Allocation | 25% Fixed Income |
MORE 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
Fund Exposure
Price Momentum Indicator (MLPs)
Price Momentum Indicator (REITs)
Price Momentum Indicator (Utilities)
MORE Details and Performance Overview
Performance quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Any applicable brokerage commissions will reduce returns. Market price returns are based on the bid/ask spread at 4 p.m. ET. and do not represent the returns an investor would receive if shares were traded at other times.
| MORE Details | |
|---|---|
| Ticker | MORE |
| Investment Adivser | ASYMmetric ETFs, LLC |
| Inception Date | 2/1/2023 |
| Exchange | NYSE |
| Expense Ratio | 0.75% |
| CUSIP | 04651A309 |
| NAV Symbol | MORE.NV |
| IOPV | MORE.IV |
| 30 Day SEC yield* | N/A |
*AS OF 10/18/2023
| MORE Data & Pricing | |
|---|---|
| Net Assets as of as of 10/18/2023 | $223,094 |
| NAV | $22.31 |
| Shares Outstanding | 10,000 |
| 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.