IQSU

NYLI Candriam U.S. Large Cap Equity ETF

$53.52
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The NYLI Candriam U.S. Large Cap Equity ETF seeks to provide investment results that correspond generally to the performance of the U.S. large-cap equity market.

Overview

ETF tracking NYLI Candriam U.S. Large Cap Equity ETF

Category Large Cap
Issuer Other
Inception Date 2019-12-17
Market Cap $267.6M
Average Volume N/A
Dividend Yield 1.08%
52-Week Range $39.84 - $54.96
VWAP $53.61

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The NYLI Candriam U.S. Large Cap Equity ETF seeks to provide investment results that correspond generally to the performance of the U.S. large-cap equity market.

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the U.S. large-cap equity market, before fees and expenses. It invests primarily in large-capitalization U.S. stocks that are included in a broad-based index.

✨ Key Features

  • Broad exposure to the U.S. large-cap equity market
  • Passively managed to track a major index
  • Low expense ratio of 0.00%
  • Suitable for long-term, buy-and-hold investors

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions
  • Concentration risk: The ETF's performance is tied to the large-cap U.S. equity market, which may underperform other segments
  • Tracking error risk: The ETF may not perfectly track its underlying index
  • Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price

👤 Best For

This ETF is best suited for long-term, buy-and-hold investors seeking broad exposure to the U.S. large-cap equity market. It may be appropriate as a core holding in a diversified portfolio.