|Bid||0.00 x 3200|
|Ask||27.04 x 3200|
|Day's Range||27.05 - 27.05|
|52 Week Range||18.98 - 27.18|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||31.00%|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.29%|
Now more than ever, investors are looking to play more defense against volatility, but at the same time, don’t want to do so at the expense of higher costs. This used to be had using the S&P 500 as a buffer against volatility, but those days of yore has investors hoping for more. Yesteryear's S&P 500 featured consumer staples that gave investors peace of mind even when market volatility decided to try and spoil the party for the capital markets.
NEW YORK, May 13, 2019 /PRNewswire/ -- Salt Financial LLC, a provider of data, ETF and index products, today announced a fee waiver and contribution arrangement for the recently launched Salt Low truBeta™ US Market ETF (Ticker: LSLT), effective May 13, 2019. LSLT tracks the Salt Low truBeta™ US Market Index, providing exposure to US large and midcap equities with the potential for better risk adjusted returns. As part of the waiver and contribution arrangement, Salt Financial will waive its entire 0.29% fee and contribute an additional 0.05% from firm resources, netting to an effective 0.05% payment to the fund on the first $100 million in assets for the next 12 months*.
Low volatility exchange traded funds get plenty of attention. Their high beta counterparts, not so much, but there are some credible options in the high beta ETF space. One of those funds is the Salt High ...
Fears of a global economic slowdown saw the Dow Jones Industrial Average post five losing sessions in a row last week, which is a reminder to investors that the volatility that racked the markets in the fourth quarter of 2018 could return at any time. In 2019, investors are looking to play more defense against volatility, but at the same time, don't want to do so at the expense of higher costs--this is where the Salt Low truBeta™ US Market ETF (CBOE:LSLT) comes into play. Salt Financial LLC, a provider of data, ETF, and index products, announced the launch of LSLT on Wednesday, which uses the firm's proprietary truBeta forecast.
NEW YORK, March 13, 2019 /PRNewswire/ -- Salt Financial LLC, a provider of data, ETF, and index products, today announced the launch of the Salt Low truBeta™ US Market ETF (Ticker:Ticker::LSLT). The ETF tracks the Salt Low truBeta™ US Market Index, gives exposure to US large and midcap equities with the opportunity for better risk adjusted returns. Paired with the existing Salt High truBeta™ US Market ETF (SLT), the company is giving investors the capability to target their desired levels of risk exposure in their portfolios.
Aside from recent fee cuts announced by industry giants State Street and Vanguard, SoFi revealed plans in late February for the first zero fee ETFs. JPMorgan Chase & Co.'s (NYSE: JPM) JPMorgan Asset Management is expected to introduce an ETF with annual fee of 0.02 percent, or $2 on a $10,000 investment. “During the first year, holders will receive 50 cents for every $1,000 in a new low-volatility stock ETF — until it grows to $100 million when the cash-back benefit will be capped and shared with all investors,” reports Bloomberg.