The index is a rules-based, reverse capitalization weighted index comprised of constituents of the S&P 500 ® Index, which consists of approximately 500 leading U.S.-listed companies representing approximately 80% of the U.S. equity market capitalization. The fund will generally use a "replication" strategy to achieve its investment objective, meaning it generally will invest in all of the component securities of the index in approximately the same proportion as in the index.
Frequently asked questions
What is the Arrow Reverse Cap 500 ETF (YPS) expense ratio?
The Arrow Reverse Cap 500 ETF funds expense ratio is 0.29%.
What is Arrow Reverse Cap 500 ETF (YPS) current stock price?
As of the latest data, Arrow Reverse Cap 500 ETF stock price is $22.35, with a previous close of $22.33. Arrow Reverse Cap 500 ETF gained $0.02 in the last trading session, representing a 0.1% increase.
Does Arrow Reverse Cap 500 ETF (YPS) pay dividends?
No. Arrow Reverse Cap 500 ETF does not pay a dividend.