DeltaShares® S&P 500 Managed Risk ETF
|SUB-ADVISER||Milliman Financial Risk Management LLC|
|EXPENSE RATIO (%)||0.35|
|LAST DIVIDEND PAID||$0.23|
|LAST ANNUAL DISTRIBUTION||$0.24|
|LAST PAYABLE DATE||6/29/2018|
|PRIOR DAY NAV||$55.66|
|20 DAY AVG. VOLUME||290|
Net assets equals the value of the ETF's holdings including cash, stock, bonds, financial derivatives and other securities less any liabilities.
The inception date is the date on which the ETF began its operations.
Asset classes consist of a group of securities with similar characteristics and varying degrees of risk. The main asset classes are equities, bonds/fixed income, futures and cash/cash equivalents.
Expense Ratio as expressed in the ETF's prospectus.
The distributions presented here represent historic data; future distributions are not guaranteed and results will vary.
Dividend and capital gains distributions are anticipated to occur quarterly, but the frequency is subject to change without notice.
The fund's NAV equals its total assets less any liabilities, divided by the number of shares outstanding.
The Closing Price is the price of the last reported trade on the fund’s primary exchange.
Prior Day NAV is the NAV as of the previous trading day.
The Midpoint Price is the average of the bid-ask prices at 4:00 PM EST (when NAV is normally determined for most funds).
The ETF trades at a premium when the ETF's market price exceeds its NAV (expressed as a positive number). The ETF trades at a discount when the ETF's market price is below its NAV (expressed as a negative number).
The number of shares or contracts traded in a security or an entire market during a given period of time. It is the amount of shares that trade hands from sellers to buyers or vice-versa as a measure of activity. If a buyer of a stock purchases 100 shares from a seller, then the volume for that period increases by 100 shares based on that transaction. Volume shown is the volume that traded on the primary exchange ("Exchange" above) as of the date indicated.
Average Daily Volume (ADV) on primary exchange for the past 20 trading days (Total Volume over the last 20 trading days divided by 20); may differ from ADV reported by other sources, which may published an aggregated ADV from all exchanges on which the ETF trades.
The Primary Benchmark of the DeltaShares S&P 500 Managed Risk ETF is the S&P 500®. The S&P 500® is composed of large-capitalization U. S. equities. The S&P U.S. Treasury Bond Current 5-Year Index is a one-security index comprising the most recently issued 5-year U.S. Treasury note or bond. The S&P U.S. Treasury Bill 0-3 Month Index is designed to measure the performance of U.S. Treasury bills maturing in 0 to 3 months. The Underlying Index is the S&P 500 Managed Risk 2.0 Index and is designed to simulate a portfolio that dynamically adjusts its allocations across the S&P 500® (the “Equity Index”), the S&P U.S. Treasury Bond Current 5-Year Index (the “Treasury Bond Index”) and the S&P U.S. Treasury Bill 0-3 Month Index (the “T-Bill Index”).