ASYMmetric ETFs has launched two new funds: ASYMmetric Smart Income ETF (NYSE: MORE) and ASYMmetric Smart Alpha S&P 500 ETF (NYSE: ZSPY), aimed at delivering capital preservation and income generation while minimizing risks. The Smart Income ETF targets over double the income of the S&P 500 with reduced risk and smart management strategies, while the Smart Alpha ETF aims for double the returns with the same risk level. Both funds will begin trading on February 1, 2023. CEO Darren Schuringa emphasizes making sophisticated investment strategies accessible to all investors, addressing current market volatility concerns.
ASYMmetric ETFs has announced a licensing agreement with S&P Dow Jones Indices for its flagship fund, now named the ASYMshares™ ASYMmetric S&P 500® ETF (NYSE: ASPY). Effective October 15, this name change reflects a strategy aimed at achieving asymmetrical returns, allowing for potential gains in both bear and bull markets. The fund utilizes ASYMmetric Risk Management Technology™ to enhance portfolio protection and performance. This partnership is expected to empower investors with a transformative approach to risk management.
ASYMmetric ETFs, LLC has launched the ASYMshares™ ASYMmetric 500 ETF (NYSE: ASPY), which aims to provide positive returns in both bear and bull markets. The ETF seeks to track the ASYMmetric 500 Index™ through a quantitative trading strategy that integrates ASYMmetric Risk Management Technology™. This technology employs algorithms to manage market risk exposure, allowing it to adapt to different market environments. The ETF, designed to level the playing field for retail investors, aims to mitigate risk while enhancing returns.