VistaShares Shield S&P 500 Enhanced Protection ETF - USD

Fund Identification

Main Metrics

Ratings

Official Investment Strategy

The VistaShares Shield™ S&P 500 Enhanced Protection ETF (VOOB) gives investors core US large-cap exposure with the monthly drawdowns cushioned. VOOB obtains exposure to the S&P 500 Index, initially through SPY, using FLEX Options held against US Treasury collateral. Under current market conditions the Fund initially seeks to offset 100% of the first 8% of losses in each monthly period and to experience approximately 50% of any additional losses in that period. Upside participation is partial and is not capped. Unlike traditional defined outcome funds, VOOB does not run a fixed annual outcome period. The options positions are reviewed and rebalanced monthly, so investors are not required to hold shares for a set term.