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ASPY (ASYMshares ASYMmetric S&P 500 ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The index is a rules-based, quantitative long/short hedging strategy that seeks to provide protection against bear market losses, by being net short, and to capture the majority of bull market gains, by being net long, with respect to the S&P 500 Index. Under normal market conditions, the fund will invest at least 80% of its total assets in securities and cash included in the index's Long Book.
Is ASPY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
This week was a quieter one for the ETF industry, with just five new ETFs debuting on the market. FundX, YieldMax, and JPMorgan were among the firms launching new funds.
The first week of October saw a flood of new ETFs, with 28 funds debuting on U.S. exchanges. Part of that was due to the first Ethereum futures ETFs being approved to launch on Monday.
The U.S. ETF industry saw a major slowdown in ETF launches during the week ending Aug. 18 as the summer slump continued. Only six new ETFs launched, while issuers announced only one new closure.
According to a recent study, more than half of the risk-managed strategies that underlie ETFs designed to manage losses during market turbulence failed to fare better than equities in 2022, including several strategies marketed as hedges against black swan-type events.
ASPY ETF is a long/short ETF. ASPY positions the portfolio according to 3 risk environments.