Produced on September 29, 2022, by Noble, NOPE is really an actively managed fund specializing in multi-technique alternate options. It will take both equally lengthy and shorter positions on international equity and stuck money securities according to the sub-adviser's macroeconomic outlook. Usually, the fund maintains a Internet publicity involving one hundred% short and 150% extended.

NOPE ETF Fundamentals:

Asset Course: Options
Expenditure Ratio: 1.eighty two%
AUM: $0.02B
Inspection Date: Sep 29, 2022
Ordinary Quantity: 0.03M
Cost/Book Ratio:
Domicile: US
Selling price/Earnings Ratio:
ISIN: US8863644543
ETF Service provider: Noble
Segment: Multi-system

NOPE ETF Performance:

NOPE ETF, supplied by Noble-Effect Funds LLC, is really an actively managed Trade-traded fund (ETF) aiming to accomplish its financial investment objective by utilizing very long positions in securities expected to rise in selling price and quick positions in those anticipated to decline. The fund's Web publicity is actively managed, reflecting the issuer's sights on shifting macroeconomic things and current market conditions. The Sub-Adviser identifies securities for both of those extensive and shorter positions through leading-down and bottoms-up analyses, influencing the fund's functionality.

NOPE Dividend:

Even though NOPE ETF focuses on actively managing its financial commitment strategy, dividends usually are not its Major goal. As an alternative, the fund aims for money appreciation by buying securities expected to improve in price and shorting Those people expected to decline. Dividend eligibility and distribution are largely pushed by the overall performance of its portfolio holdings, which often can differ dependant on market place circumstances as well as Sub-Adviser's macroeconomic sights.

NOPE Monitoring:

Monitoring NOPE ETF entails an actively managed tactic, Using the fund trying to find its expense objective by taking the two lengthy and shorter positions in securities. The fund's Internet exposure can differ according to macroeconomic factors, plus the Sub-Adviser employs both of those top-down and base-up analyses to discover positions.

NOPE Correlation:

The correlation facet of NOPE ETF is relatively mysterious due to minimal out there info on its fundamental property and strategy. Nonetheless, traders might speculate that its general performance is connected to its method of purchasing prolonged positions in securities predicted to raise in rate though getting limited positions in All those predicted to say no.

NOPE Sector:

NOPE Sector ETF is an actively managed exchange-traded fund (ETF) employing both long and shorter positions in securities to realize its investment targets. The fund's expenditure technique is broad and dynamic, with its Internet publicity ranging from one hundred% short to website 150% very long depending on the sights of its sub-adviser.

NOPE Exposure:

The exposure characteristic of NOPE ETF is unique in its actively managed tactic. Managed by Noble-Influence Money, LLC, the fund's Internet exposure can vary from one hundred% short to 150% extended, reflecting the Sub-Adviser's macroeconomic views. This method lets traders to probably cash in on both increasing and slipping marketplaces. For a more extensive Examination, consider using ETF Insider's Internet application.