FYLG ISSUER
The Cambria Fund Management, L.P. is the issuer behind the Cambria Foreign Shareholder Yield ETF (FYLG). Founded by Meb Faber in 2006, Cambria is known for its innovative approach to investing, emphasizing a combination of value, momentum, and tactical asset allocation strategies. FYLG, introduced in 2021, reflects Cambria's commitment to delivering unique investment solutions to its clients. The ETF focuses on foreign companies with strong shareholder yield characteristics, providing investors with an opportunity to access global markets while prioritizing shareholder-friendly businesses.
FYLG DIVIDEND
While the Fidelity Low Volatility Factor ETF (FYLG) primarily emphasizes low volatility investing, it offers a dividend distribution that mirrors the underlying index's dividend payments. FYLG's dividend distributions typically occur on a quarterly basis, in line with the constituent companies' dividend policies and performances. Investors seeking a balance between reduced risk through low volatility and dividend income may consider FYLG as a suitable option for their portfolio.
FYLG TRACKING
The First Trust Low Duration Global Government Bond ETF (FYLG) primarily focuses on tracking global government bonds with shorter durations. FYLG's investment strategy involves holding government bonds until one day before their expiration, which is generally the Thursday preceding the third Friday of the month, and then liquidating them at a price determined at 2:00 p.m. ET. Additionally, the ETF's options positions expire on their date of maturity in the next calendar month and are only subject to exercise on their expiration date. This approach allows FYLG to effectively track and manage a portfolio of global government bonds with low duration exposure. Alternative Sources FYLG Tracking The Alternative Sources ETF (ticker: FYLG) has a tracking strategy centered on optimizing its exposure to alternative investment sources. The fund employs a unique approach where it holds option positions until one day before their expiration, typically the Thursday preceding the third Friday of the month, and liquidates them at a price determined at 2:00 p.m. ET. Furthermore, FYLG's options positions only become exercisable on their expiration date, providing investors with a distinct way to track and benefit from alternative investment sources within the ETF market.
FYLG CORRELATION
The correlation aspect of the Fidelity Low Volatility Factor ETF (FYLG) is generally associated with its focus on low volatility stocks. This ETF aims to track the performance of U.S. large-cap stocks with historically low volatility. As such, FYLG tends to exhibit lower correlations with market fluctuations compared to more broadly diversified equity ETFs. Investors often turn to FYLG for its potential to provide stability during periods of market turbulence and to reduce overall portfolio volatility. To delve deeper into FYLG's correlations and explore its relationship with various market factors, ETF Insider offers a user-friendly web app that provides comprehensive data visualization and insightful analysis, allowing investors to make more informed decisions about incorporating FYLG into their portfolios and identifying potential overlap with other assets.
FYLG SECTOR
The Cambria Foreign Shareholder Yield ETF (FYLG) focuses on foreign equities with high shareholder yield characteristics. This ETF is comprised of companies that exhibit strong fundamentals, including dividends, share buybacks, and debt reduction. By targeting companies with attractive shareholder yield metrics, FYLG provides investors with exposure to foreign markets while emphasizing firms that prioritize returning value to shareholders.
FYLG EXPOSURE
The specific exposure attributes of the FDEQ ETF are essential for investors looking to align with particular markets, regions, or sectors. To gain a comprehensive understanding of FDEQ's market positioning, investors can turn to the ETF insider tool. This innovative web application provides in-depth information on every US ETF, showcasing data such as overlaps, correlations, and more, all presented through an intuitive visualization interface.