ETF Quote Details
|NAV (month end)||19.24|
|Premium (+)/Discount (-) (month end)||-0.74|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$0.00 (0.00%)|
The Index tracks a leveraged (200%) dynamic basket of stocks held as long or short positions that focus on publicly announced merger and acquisition transactions. It is designed to capture the spread, if any, between the price of a target after a proposed acquisition is announced and the price that the acquiring company has proposed to pay for the stock of the target.
The ETN due on March 13. 2031 are senior, unsecured debt securities, medium-term notes, issued by Credit Suisse. It is designed to reflect a leveraged exposure to the performance of the Credit Suisse Merger Arbitrage Liquid Index on a monthly basis, but their returns over longer periods of time can differ significantly from two times the return on a direct investment in the Index.