SPYT vs. SNAV ETF Comparison
Comparison of Defiance S&P 500 Target Income ETF (SPYT) to Mohr Sector Nav ETF (SNAV)
SPYT
Defiance S&P 500 Target Income ETF
SPYT Description
SPYT is actively managed which seeks daily income and consistent monthly distributions by utilizing an index credit spread option strategy. The strategy involves daily selling of S&P 500 credit call spreads that are either at-the-money or near-the-money, with near-term expirations, and buying call options at a higher strike price. The sold option positions become profitable if the S&P 500 Indexs value increases above the call spreads cap. Additionally, the fund targets an annual income level of 20% and aims to hold cash or US Treasurys up to 10% of the portfolio as collateral for the option strategy. Even during periods of adverse market conditions, the fund will not seek defensive positions, nor directly or fully participate in the gains of the index. As such, the funds risk and return potential will fluctuate daily.
Grade (RS Rating)
Last Trade
$19.35
Average Daily Volume
31,397
1
SNAV
Mohr Sector Nav ETF
SNAV Description
The fund is an actively managed exchange traded fund that is managed by the adviser and designed for investors looking for long-term growth and who can tolerate large principal value fluctuations. The adviser seeks to achieve the fund"s investment objective by using a tactical approach to invest in the various industry sectors that are found in the S&P 500 Index.Grade (RS Rating)
Last Trade
$28.51
Average Daily Volume
4,119
5
Performance
| Period | SPYT | SNAV |
|---|---|---|
| 30 Days | -2.88% | -2.29% |
| 60 Days | -0.27% | |
| 90 Days | 2.57% | |
| 12 Months | 15.42% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SPYT | Weight in SNAV | Overlap | |
|---|---|---|---|---|---|
| SPY | B | 99.5% | 45.36% | 45.36% |
SPYT Overweight 0 Positions Relative to SNAV
| Symbol | Grade | Weight |
|---|
SPYT: Top Represented Industries & Keywords
SNAV: Top Represented Industries & Keywords
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