ASYMmetric ETFs unveiled two new trade traded funds on Wednesday that can pair alongside the issuer’s flagship ASYMmetric S&P 500 ETF (NYSEARCA:ASPY) trade traded fund.
The 2 new funds which have been launched are the ASYMmetric Good Alpha S&P ETF (NYSE:ZSPY) and the ASYMmetric Good Earnings ETF (NYSE:MORE).
ZSPY: ZSPY is a 2X leveraged fund that goals to supply a brand new tackle leverage by offering traders publicity to leveraged upside with the potential for draw back safety. The Good Alpha S&P 500 ETF is engineered to supply as much as 2x the efficiency of the S&P 500 (SP500) with a threat profile that’s typically in step with the benchmark index.
MORE: MORE is an revenue centered trade traded fund that appears to supply the funding group with exposures to top quality and high-income producing asset courses of MLPs, REITs, and utilities in a bull market. On the identical time, MORE will reallocate its positions to U.S. Treasuries when the high-income producing asset courses are in a bear market.
Moreover, ZSPY comes connected with a 0.95% expense ratio and MORE is paired with a 0.75% expense ratio they usually each commerce on the New York Inventory Alternate.
ASYMmetric ETFs can be the creator of the PriceVol indicator which confirmed flashes of hazard final week.