WUSA
Simplify Wolfe US Equity 150/50 ETF
as of 11/26/2024
NAV
$ 26.54NAV Change
+ $ 0.10 /0.38%Price
$ 26.55Price Change
+ $ 0.09 /0.34%The Simplify Wolfe US Equity 150/50 ETF (WUSA) seeks to provide capital appreciation by taking a long position in about 250 stocks combined with a short position in about 150 stocks.
A machine learning algorithm is used to analyze hundreds of fundamental factors to determine the stocks with the highest and lowest forward expected returns.
The “150/50” in the name refers to the allocation of 150% of the fund’s assets into the long basket and 50% of the fund’s assets into the short basket, resulting in net equity exposure of 100%.
A machine learning algorithm is used to analyze hundreds of fundamental factors to determine the stocks with the highest and lowest forward expected returns.
The “150/50” in the name refers to the allocation of 150% of the fund’s assets into the long basket and 50% of the fund’s assets into the short basket, resulting in net equity exposure of 100%.
