Darren Schuringa, CEO of ASYMmetric ETFs and Julie Cooling, Founder & CEO, RIA Channel, discuss ASPY, the ASYMshares ASYMmetric 500 ETF.
ASPY is a fully transparent, rules-based, quantitative approach to portfolio risk management that offers protection, optimization, and consistency to investors. ASPY uses a long-short hedging strategy, designed to protect investors from bear market losses while still capturing the majority of bull market gains.
“What differentiates ASPY from our competition is that ASPY is designed to make money in bear markets,” says Schuringa.
ASPY acts as a hybrid of stocks and bonds, blending the benefits of both. ASPY delivers bond-like consistency of returns with equity performance. Adding ASPY to an existing portfolio of stocks and bonds will lower risk and improve the performance of the existing portfolio. Thus, the ETF gives investors the ability to stay invested in the market and simultaneously reduce overall portfolio risk.
ASPY launched on March 10, 2021, and since then the market has seen high levels of volatility. During these highly volatile periods, ASPY has captured around 80% of the upside of the market. “ASPY is doing exactly what it’s promising investors and what its investing objectives state it will do,” says Schuringa.
The ETF is driven by two proprietary, price-based algorithms that look for two things: price movement of the market and a proprietary measure of market volatility or risk. Historically, a simultaneous market breakdown and spike in volatility causes a bear market. So, when ASPY’s proprietary measures recognize these two factors, thus recognizing a bear market, ASPY lowers portfolio exposure to adjust to increasing market risk.
Darren Schuringa is the CEO of ASYMmetric ETFs. ASYMmetric is a brand new portfolio management tool that makes institutionally-vetted strategies accessible to investors, and aims to revolutionize the way people invest.
To learn more, watch ASYMmetric’s webcast: A Precipitous Pullback? How to Prepare Your Portfolio.
Topics include:
- Risks investors face in today’s economic landscape
- ASYMmetric’s proprietary metrics
- A rules-based index strategy that seeks to make money in bear markets. Register Now