- What does SHDG invest in?
- The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in a portfolio of equity securities and investments that have economic characteristics similar to equity securities. These equity securities and investments may include U.S. exchange-listed common stocks, equity index futures, and/or exchange-traded funds ("ETFs") that track U.S. large-capitalization ("large-cap") indices, such as the S&P 500 Index.
- What is the expense ratio of SHDG?
- Soundwatch Hedged Equity ETF (SHDG) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SHDG?
- Soundwatch Hedged Equity ETF (SHDG) manages $167.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is SHDG actively managed or an index fund?
- SHDG is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SHDG's is 0.53%) because there's no security selection cost.
- When was SHDG launched?
- Soundwatch Hedged Equity ETF (SHDG) launched in October 2022 and is managed by SoundWatch Capital.
- How has SHDG performed?
- SHDG's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
