NYSE ARCA | ETF
The fund invests inU. S.-listed equity securities of companies that the fund"s investment sub-advisers expect to benefit from shifts in the regulatory environment that are supportive of free market dynamics.
These investments may include companies operating in segments of the economy currently burdened by high levels of regulation, such as the healthcare, financial services, and energy sectors, where the Sub-Advisers anticipate regulatory relief.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| UEC | Uranium Energy Corp | Energy | Uranium | 4.25% |
| BTU | Peabody Energy Corp | Energy | Thermal Coal | 3.35% |
| NXST | Nexstar Broadcasting Group Inc | Communication Services | Broadcasting | 3.28% |
| WMB | Williams Companies Inc | Energy | Oil & Gas Midstream | 3.22% |
| IBKR | Interactive Brokers Group Inc | Financial Services | Capital Markets | 3.10% |
| CFG | Citizens Financial Group, Inc. | Financial Services | Banks - Regional | 3.02% |
| BIIB | Biogen Inc | Healthcare | Drug Manufacturers - General | 3.01% |
| KEY | KeyCorp | Financial Services | Banks - Regional | 2.98% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 2.96% |
| BX | Blackstone Group Inc | Financial Services | Asset Management | 2.93% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 2.83% |
| MCK | McKesson Corporation | Healthcare | Medical Distribution | 2.65% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 2.64% |
| TMO | Thermo Fisher Scientific Inc | Healthcare | Diagnostics & Research | 2.62% |
| JOBY | Joby Aviation | Industrials | Airports & Air Services | 2.59% |
| D | Dominion Energy Inc | Utilities | Utilities - Regulated Electric | 2.53% |
| CRCL | Circle Internet Group, Inc. | Financial Services | Capital Markets | 2.46% |
| AUB | Atlantic Union Bankshares Corp | Financial Services | Banks - Regional | 2.41% |
| IBIT | iShares Bitcoin Trust | 2.41% | ||
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.32% |