SSXU

Day Hagan Smart Sector International ETF

$34.45
+0.00%
Market closed. Last update: 10:49 PM ET

📎 Investment Objective

The Day Hagan Smart Sector International ETF (SSXU) seeks to provide exposure to international equity markets through a smart beta approach that aims to outperform traditional market-cap weighted indexes.

Overview

ETF tracking Day Hagan Smart Sector International ETF

Issuer Other
Inception Date 2022-07-01
Market Cap $37.9M
Average Volume N/A
Dividend Yield 2.21%
52-Week Range $25.92 - $34.90
VWAP $34.54

Performance

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Investment Summary

📎 Investment Objective

The Day Hagan Smart Sector International ETF (SSXU) seeks to provide exposure to international equity markets through a smart beta approach that aims to outperform traditional market-cap weighted indexes.

🎯 Investment Strategy

The ETF uses a proprietary quantitative model to select and weight international stocks across various sectors. The model aims to identify stocks with attractive valuation, momentum, and quality characteristics to construct a portfolio that can potentially generate higher risk-adjusted returns compared to a broad international equity benchmark.

✨ Key Features

  • Smart beta strategy that goes beyond traditional market capitalization weighting
  • Focuses on international equities across developed and emerging markets
  • Utilizes a quantitative model to select and weight stocks based on valuation, momentum, and quality factors
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to international equity markets, which can be more volatile than domestic markets
  • Reliance on the effectiveness of the quantitative model to select and weight stocks
  • Potential for underperformance compared to broad international equity benchmarks
  • Low assets under management, which could impact liquidity and trading efficiency

👤 Best For

The Day Hagan Smart Sector International ETF may be suitable for investors seeking exposure to international equities with the potential for enhanced risk-adjusted returns compared to traditional market-cap weighted indexes. This ETF may be appropriate for investors with a medium to long-term investment horizon and a moderate to high-risk tolerance.