- What are the top holdings of PEPS?
- A machine-readable holdings disclosure for Parametric Equity Plus ETF (PEPS) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.
- What sectors does PEPS invest in?
- Parametric Equity Plus ETF (PEPS) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is PEPS most exposed to?
- PEPS's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is PEPS a US-only fund?
- The country allocation card on this page shows PEPS's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does PEPS invest in?
- PEPS is an actively managed fund that aims for long-term capital appreciation by primarily investing in a portfolio of large US companies. Specifically, it holds stocks found within the Solactive GBS United States 500 Index. A key element of its strategy involves a beta-neutral call overwriting approach, where the fund sells short-dated, out-of-the-money call options on the S&P 500 Index. This options strategy is paired with compensatory long equity exposure, which includes positions in S&P 500 Index futures, FLEX Options referencing the S&P 500 Index, and the SPY ETF. The fund's overall performance is predominantly driven by its equity holdings. To avoid straddle rule implications, PEPS carefully limits the overlap between its equity investments and the underlying components of its options. It also implements tax loss harvesting strategies within its equity portfolio. While the sale of call options may lead to foregoing some upside market participation, the fund's sub-adviser proactively seeks to ladder these written call positions to lessen this potential limitation.
