SPXM
Azoria 500 Meritocracy ETF
📎 Investment Objective
The Azoria 500 Meritocracy ETF seeks to track the performance of an index composed of 500 large-cap U.S. companies selected based on merit-based criteria.
Overview
ETF tracking Azoria 500 Meritocracy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Azoria 500 Meritocracy ETF seeks to track the performance of an index composed of 500 large-cap U.S. companies selected based on merit-based criteria.
🎯 Investment Strategy
The fund uses a passive indexing approach, investing in the securities that make up the Azoria 500 Meritocracy Index. The index selects and weights its constituents based on factors such as financial performance, innovation, and social impact, rather than market capitalization.
✨ Key Features
- Focuses on companies selected for merit-based criteria rather than market cap weighting
- Aims to provide exposure to large-cap U.S. equities with a focus on high-performing, socially responsible firms
- Utilizes a passive indexing approach to minimize costs
⚠️ Primary Risks
- Concentration risk as the fund is focused on a limited number of large-cap stocks
- Potential for higher volatility compared to broad market indexes due to the more selective index methodology
- Reliance on the index provider's criteria for selecting and weighting companies
- Lack of performance history and assets under management
👤 Best For
The Azoria 500 Meritocracy ETF may be suitable for long-term investors seeking exposure to large-cap U.S. equities with a focus on high-performing, socially responsible companies. Due to the fund's limited history and assets, it may be appropriate for investors with a higher risk tolerance as part of a diversified portfolio.