Zega Buy & Hedge ETF

Frequently Asked Questions About ZHDG

What does ZHDG invest in?

The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. The sub-adviser seeks to achieve exposure to the performance of the U.S. large capitalization equity market, generally recognized as the S&P 500 Index, through call index options, call options on the SPDR S&P 500 ETF Trust or other ETFs that track the S&P 500, and FLexible EXchange Options. The fund is non-diversified.

What is the expense ratio of ZHDG?

Zega Buy & Hedge ETF (ZHDG) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations.

What is ZHDG's dividend yield?

ZHDG's trailing-twelve-month yield is 2.47%, calculated from the sum of dividends over the past year divided by the current price.

How big is ZHDG?

Zega Buy & Hedge ETF (ZHDG) manages $33.2M 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 ZHDG actively managed or an index fund?

ZHDG 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 (ZHDG's is 0.97%) because there's no security selection cost.

When was ZHDG launched?

Zega Buy & Hedge ETF (ZHDG) launched in July 2021 and is managed by ZEGA.