Key stats
About LHA Market State Tactical Q ETF
Expense ratio
1.48%
Home page
Inception date
Mar 15, 2022
MSTQ defines the US large-cap growth equity space as the Nasdaq 100 Index. The funds baseline exposure each day is long 100%, via shares of Invesco NASDAQ 100 ETF (QQQ) or Index futures. Using various risk models, the portfolio managers adjust the baseline exposure by aiming to quantify the direction and magnitude of market volatility expectations. The models analyze aspects such as 30- and 90-day implied volatility indexes and VIX Index futures. Based on this information, the net portfolio exposure is expected to range between 80%-120%. Various strategies and products may be used to provide the chosen exposure, such as leverage and inverse ETFs, VIX options and futures, E-mini Nasdaq 100 futures contracts, and US Treasury securities. The fund aims to provide index plus returns during rising markets or calm volatility and preserve capital or uncorrelated returns during times of increased volatility. The strategy may result in frequent trading, resulting in high turnover.
Classification
What's in the fund
Exposure type
ETF
Government
Mutual fund
Stock breakdown by region