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About Acruence Active Hedge U.S. Equity ETF
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Inception date
Apr 22, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863647447
XVOL seeks capital appreciation with reduced volatility through a combination of equity investments and volatility reduction options strategies. The funds equity portfolio consists of 40 to 80 stocks selected from the S&P 500 Index for either dividends or growth. The equity selection process includes an industry analysis and various fundamental screens. The fund aims for lower volatility than the S&P 500 by engaging in one or more of the following option strategies: 1) VIX Options, 2) Options Collar, 3) Vertical Spread, 4) Covered Call, and 5) Box Trade. The fund may invest up to 20% of its assets in a wholly-owned Cayman Islands subsidiary to gain exposure to VIX Options. The portfolio allocation is based on the sub-advisers outlook for the US equity markets. If the sub-advisers market outlook is positive, the equity portion of the portfolio will be equally weighted between dividends and growth. While on a negative outlook, the portfolio will tilt more heavily towards dividends.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Technology Services
Stocks97.53%
Finance22.80%
Utilities17.13%
Technology Services14.64%
Retail Trade9.10%
Distribution Services7.47%
Consumer Services7.31%
Electronic Technology5.65%
Consumer Non-Durables3.64%
Industrial Services3.04%
Consumer Durables2.18%
Communications1.55%
Health Services1.51%
Energy Minerals1.49%
Bonds, Cash & Other2.47%
Cash1.49%
Mutual fund0.99%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
XVOL invests in stocks. The fund's major sectors are Finance, with 22.80% stocks, and Utilities, with 17.13% of the basket. The assets are mostly located in the North America region.
XVOL top holdings are Entergy Corporation and Brookfield Renewable Partners LP, occupying 3.43% and 3.29% of the portfolio correspondingly.
XVOL last dividends amounted to 0.67 USD. The year before, the issuer paid 0.20 USD in dividends, which shows a 70.07% increase.
XVOL assets under management is 1.74 M USD. It's fallen 23.87% over the last month.
XVOL fund flows account for −6.71 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, XVOL pays dividends to its holders with the dividend yield of 2.91%. The last dividend (Dec 27, 2024) amounted to 0.67 USD. The dividends are paid annually.
XVOL shares are issued by Toroso Investments Topco LLC under the brand Acruence. The ETF was launched on Apr 22, 2021, and its management style is Active.
XVOL expense ratio is 0.83% meaning you'd have to pay 0.83% of your investment to help manage the fund.
XVOL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XVOL invests in stocks.
XVOL price has risen by 2.36% over the last month, and its yearly performance shows a 7.40% increase. See more dynamics on XVOL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.43% over the last month, showed a 6.64% increase in three-month performance and has increased by 10.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.43% over the last month, showed a 6.64% increase in three-month performance and has increased by 10.87% in a year.
XVOL trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.