LFEQ
VanEck Long/Flat Trend ETF
LFEQ
VanEck Long/Flat Trend ETF
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NAV$48.47
as of November 01, 2024 -
YTD RETURNS20.85%
as of November 01, 2024 -
Total Net Assets$26.66M
as of November 01, 2024 -
Gross Expense Ratio0.92%
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Net Expense Ratio0.68%
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Inception Date10/04/2017
Fund Description
VanEck Long/Flat Trend ETF (LFEQ®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). The NDRCMGLF Index follows a proprietary model that determines when, and by how much, it allocates to U.S. equities and/or U.S. Treasury bills to seek to help avoid losses in declining markets or capitalize from rising markets. The model produces daily trade signals to determine the Index's equity allocation percentage (100%, 50%, or 0%).
Overview
Fund Highlights
- Tactically allocates between S&P 500 equities and U.S. T-bills
Based on a breadth model that measures 24 industries, in addition to the top line S&P 500 return
- Seeks to minimize impact of market downturns and participate in uptrends
Incorporates short, intermediate and long-term trend indicators, augmented by volatility and mean reversion inputs
- Driven by the institutional expertise of Ned Davis Research
One of the largest independent institutional investment research providers