New ETF looks to target S&P 500's most volatile stocks

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

An application has been filed with the Securities and Exchange Commission on Wednesday to launch the Volatility Shares S&P 500 High Volatility Index ETF, which would invest in some of the most-volatile stocks in the S&P 500.

on Wednesday, the Volatility Shares S&P 500 High Volatility Index ETF would invest at least 80% of its net assets in securities that comprise the S&P 500 Volatility – Highest Quintile Index.

The S&P 500 Volatility – Highest Quintile Index, which tracks the performance on the 100 most-volatile stocks in the S&P 500 and is rebalanced quarterly in February, May, August and November, calculates volatility based on available price return data for the trailing one year of trading days leading up to each rebalance date.

Trader Justin Flinn, left, works on the floor of the New York Stock Exchange, Wednesday, March 16, 2022.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines