BATS | ETF
The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index.
The index uses an objective, rules-based methodology to implement a systematic trend-following strategy that directs exposure (i) 100% to the S&P 500® Index, (ii) 50% to the S&P 500 and 50% to 3-MonthU. S.
Treasury bills, or (iii) 100% to 3-MonthU. S.
Treasury bills, depending on the relative performance of the S&P 500 and its 200-business day historical simple moving average.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 7.44% |
| AAPL | Apple Inc | Technology | Consumer Electronics | 6.68% |
| MSFT | Microsoft Corporation | Technology | Software - Infrastructure | 4.84% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 3.56% |
| GOOGL | Alphabet Inc Class A | Communication Services | Internet Content & Information | 2.92% |
| AVGO | Broadcom Inc | Technology | Semiconductors | 2.61% |
| GOOG | Alphabet Inc Class C | Communication Services | Internet Content & Information | 2.33% |
| META | Meta Platforms Inc. | Communication Services | Internet Content & Information | 2.09% |
| TSLA | Tesla Inc | Consumer Cyclical | Auto Manufacturers | 1.86% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 1.56% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 1.39% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.30% |
| LLY | Eli Lilly and Company | Healthcare | Drug Manufacturers - General | 1.26% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 1.05% |
| WMT | Walmart Inc. Common Stock | Consumer Defensive | Discount Stores | 0.98% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 0.91% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 0.79% |
| MU | Micron Technology Inc | Technology | Semiconductors | 0.74% |
| MA | Mastercard Inc | Financial Services | Credit Services | 0.72% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 0.72% |