Key stats
About Fineqia FTSE Cardano Enhanced Yield ETN
Home page
Inception date
Dec 18, 2024
Structure
Exchange-Traded Note
ISIN
LI1408648106
The Fineqia FTSE Cardano Enhanced Yield ETN is designed to generate additional yield in excess of the FTSE Cardano benchmark through liquidity provisioning, lending and staking
Related funds
Classification
Symbol
Geography
Global
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YADA expense ratio is 2.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, YADA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, YADA doesn't pay dividends to its holders.
YADA shares are issued by Fineqia AG
YADA follows the FTSE Cardano Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 18, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.