ASYMshares™ ASYMmetric S&P500® ETF

ASPY Benefits

What does ASPY seek to offer investors?

  • Protection: Designed to make money in bear markets.
  • Consistency: Seeks to generate positive returns across all market cycles.
  • Optimization: Engineered to provide uncorrelated returns.

ASPY Overview

Objective: ASYMshares ASYMmetric 500 ETF seeks to track the total return performance, before fees and expenses, of the ASYMmetric 500 Index.

The Index is a rules-based, quantitative long/short hedging strategy that seeks to provide protection against bear market losses, by being net short, and to capture the majority of bull market gains, by being net long, with respect to exposure to the S&P 500®  Index.

ASPY Current Risk Environment

RISK ENVIRONMENT

  • Risk Off
  • Risk Elevated
  • Risk On

*As of 12/31/21

Source: ASYMmetric Investment Solutions Investments cannot be made in an index. Unmanaged index returns do not reflect any fees, expenses or sales charges. Past performance is no guarantee of future results.

There is no guarantee principal protection will be achieved.

FUND EXPOSURE

*As of 12/31/21

Source: ASYMmetric Investment Solutions Investments cannot be made in an index. Unmanaged index returns do not reflect any fees, expenses or sales charges. Past performance is no guarantee of future results.

There is no guarantee principal protection will be achieved.

  • Walk WALK

Price Volatility Indicator

*As of 12/31/21

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. 

  • Walk WALK

Price Momentum Indicator

*As of 12/31/21

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

Ticker ASPY
Investment Adviser ASYMmetric ETFs, LLC
Inception Date 3/10/2021
Exchange NYSE
Expense ratio 0.95%
CUSIP 04651A101
NAV Symbol ASPY.NV
IOPV Symbol ASPY.IV
30 Day SEC yield* NA

* As of 12/31/2021

ASPY Data & Pricing

Net Assets as of 01/26/2022 $29.58m
NAV $27.39
Shares Outstanding 1,080,000
Premium/discount Percentage 0.04%
Closing Price $27.40
30 Day Median Bid/Ask Spread 0.27%

Data as of 01/26/2022

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.

ASPY Performance

CUMULATIVE
As of 12/31/2021 As of 12/31/2021
  1 Month 3 Month Since Inception 1 Month 3 Month Since Inception
Market Price 5.70% 10.09% 19.64% 5.70% 10.09% 19.64%
Fund NAV 5.20% 9.67% 19.09% 5.20% 9.67% 19.09%
ASPY Index 5.31% 9.96% 20.23% 5.31% 9.96% 20.23%
S&P 500® TR Index 4.48% 11.03% 24.38% 4.48% 11.03% 24.38%
Capture Ratio            
Market Price / S&P 500® 127% 91% 81% 127% 91% 81%
NAV / S&P 500® 116% 88% 78% 116% 88% 78%
Expense ratio: 0.95%

Inception Date: 03/10/2021


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.

ASPY SECTOR BREAKDOWN

*As of 12/31/21

Portfolio allocations are subject to change.

SPY SECTOR BREAKDOWN

* As of 12/31/21

Portfolio allocations are subject to change.

Distribution Detail

EX Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Total Distribution
12/30/2021 12/31/2021 01/04/2022 0.06235062 0.00 0.00 0.06235062

Top 10 Holdings

Percentage Of Net Assets Name Identifier CUSIP Shares Held Market Value
3.08 COTERRA ENERGY INC CTRA 127097103 44991.00 911967.57
2.72 PACKAGING CORP AMER PKG 695156109 6025.00 803735.00
2.70 AMERICAN ELEC PWR CO INC AEP 025537101 8976.00 797338.08
2.60 ACTIVISION BLIZZARD INC ATVI 00507V109 9772.00 769838.16
2.50 DIGITAL RLTY TR INC DLR 253868103 5005.00 739388.65
2.42 PROGRESSIVE CORP PGR 743315103 6663.00 717138.69
2.39 BERKSHIRE HATHAWAY INC DEL BRK/B 084670702 2287.00 707277.62
2.27 CITRIX SYS INC CTXS 177376100 6565.00 672781.20
2.18 VERIZON COMMUNICATIONS INC VZ 92343V104 12659.00 645862.18
2.17 ELECTRONIC ARTS INC EA 285512109 4929.00 640671.42

Data as of 01/27/2022

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.

There is no guarantee the protection sought by the fund will be achieved.

All investing involves risk, including possible loss of principal. The performance of the Fund will depend on the difference in the rates of return between its long positions and short positions. During a rising market, when most equity securities and long-only equity ETFs are increasing in value, the Fund’s short positions will likely cause the Fund to underperform the overall U.S. equity market. When the Fund shorts securities, including securities of another investment company, it borrows shares of that security or investment company, which it then sells. There is no guarantee the Fund will be able to borrow the shares it seeks to short in order to achieve its investment objective. The Fund’s investments are designed to respond to volatility based on a proprietary model developed by the Index Provider which may not be able to accurately predict the future volatility of the S&P 500® Index. If the S&P 500® Index is rapidly rising during periods when the Index Provider’s volatility model has predicted significant volatility, the Fund may be underexposed to the S&P 500® Index due to its short position and the Fund would not be expected to gain the full benefit of the rise in the S&P 500® Index. Additionally, in periods of rapidly changing volatility, the Fund may not be appropriately hedged or may not respond as expected to current volatility. The Fund is not actively managed and the Adviser would not sell a security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Index.

Before investing, carefully consider the fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus and a summary prospectus, copies of which may be obtained. Read the prospectus carefully before investing.

Foreside Fund Services, LLC, distributor.