ASYMshares™ ASYMmetric S&P 500® 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 S&P 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 07/31/22

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 07/31/22

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 07/31/22

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. 

  • DON'T WALK DON'T WALK

Price Momentum Indicator

*As of 07/31/22

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 3/9/2021
Exchange NYSE
Expense ratio 0.95%
CUSIP 04651A101
NAV Symbol ASPY.NV
IOPV Symbol ASPY.IV
30 Day SEC yield* NA

* As of 07/31/2022

ASPY Data & Pricing

Net Assets as of 08/18/2022 $31.32m
NAV $26.77
Shares Outstanding 1,170,000
Premium/discount Percentage 0.03%
Closing Price $26.78
30 Day Median Bid/Ask Spread 0.26%

Data as of 08/18/2022

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 07/31/2022 As of 06/30/2022
  1 Month YTD Since Inception 1 Month 3 Month 1 Year Since Inception
Market Price -1.33% -10.56% 7.00% 0.16% -4.72% -0.94% 8.45%
Fund NAV -1.24% -10.13% 7.03% 0.13% -4.76% -0.86% 8.37%
S&P 500® TR Index 9.22% -12.58% 8.73% -8.25% -16.10% -10.62% -0.45%
Alpha              
Market Price - S&P 500® -10.6% 2.0% -1.7% 8.4% 11.4% 9.7% 8.9%
NAV - S&P 500® -10.5% 2.5% -1.7% 8.4% 11.3% 9.8% 8.8%
Expense ratio: 0.95%

Inception Date: 03/09/2021


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 07/31/22

Portfolio allocations are subject to change.

SPY SECTOR BREAKDOWN

* As of 07/31/22

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 0.0623 0.0000 0.0000 0.0623

Top 10 Holdings

Percentage Of Net Assets Name Identifier CUSIP Shares Held Market Value
63.93 Cash & Other Cash&Other Cash&Other 20022547.07 20022547.07
1.09 PUBLIC STORAGE PSA 74460D109 971.00 342617.35
1.07 DUKE ENERGY CORP NEW DUK 26441C204 2977.00 335150.66
0.87 NEWMONT CORP NEM 651639106 6084.00 271650.60
0.85 ALLSTATE CORP ALL 020002101 1992.00 264975.84
0.83 PROGRESSIVE CORP PGR 743315103 2019.00 258855.99
0.80 GENERAL MLS INC GIS 370334104 3213.00 249007.50
0.79 HORMEL FOODS CORP HRL 440452100 4874.00 248379.04
0.79 KELLOGG CO K 487836108 3253.00 246935.23
0.79 WILLIAMS COS INC WMB 969457100 7004.00 246820.96

Data as of 08/19/2022

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.