LGH

HCM Defender 500 Index ETF

$61.01
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The HCM Defender 500 Index ETF (LGH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the HCM Defender 500 Index.

Overview

ETF tracking HCM Defender 500 Index ETF

Category Other
Issuer Other
Inception Date 2019-10-10
Market Cap $573.5M
Average Volume N/A
Dividend Yield 0.34%
52-Week Range $44.63 - $63.23
VWAP $61.09

Performance

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Investment Summary

📎 Investment Objective

The HCM Defender 500 Index ETF (LGH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the HCM Defender 500 Index.

🎯 Investment Strategy

The fund employs a passive management (or index-tracking) strategy designed to track the performance of the HCM Defender 500 Index. The index is composed of the 500 largest U.S. stocks and aims to provide downside protection during market declines.

✨ Key Features

  • Tracks the HCM Defender 500 Index, which is designed to provide downside protection during market downturns
  • Broad exposure to the 500 largest U.S. stocks
  • Passively managed to minimize costs and track the index performance
  • Expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index
  • Liquidity risk: Lack of trading volume in the fund or underlying securities may make it difficult to sell shares
  • Concentration risk: The fund's performance is heavily dependent on the 500 largest U.S. stocks

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. stock market with a focus on downside protection during market declines. It may be appropriate as a core holding in a diversified portfolio, particularly for investors with a moderate to conservative risk tolerance.