WEBs SPY Defined Volatility ETF
NASDAQ · us_market
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The fund implements its investment objective by investing, under normal market conditions, at least 80% of its net assets in financial instruments that achieve the investment results of the index. The index is a rules-based strategy that seeks to track the performance of the SPDR® S&P 500® ETF, with investment exposure to the underlying ETF adjusted for a targeted annual volatility rate of 20%. The fund is non-diversified.