VETS ISSUER
The VETS ETF is managed using a passive management, or indexing, investment strategy, with the aim of replicating the total return performance of the Index before expenses. The Index is owned and developed by VETS Indexes, LLC, also serving as the Index Provider. It is based on the Military Times Best for VetsSM: Employers list, which is an annual publication by Sightline Media Group. This list is the result of comprehensive surveys completed by U.S. companies, assessing their engagement with U.S. armed forces veterans and service members, company culture, policies, and reservist accommodations.
VETS DIVIDEND
While the primary focus of the VETS Dividend ETF may revolve around investment in the constituents of its underlying index, dividend distribution remains an important aspect of its overall performance. Dividends from this ETF are typically distributed on a regular basis, and eligibility for these distributions is determined by the dividend policies and performances of the individual companies within the fund. As VETS Dividend ETF focuses on a diversified portfolio of large capitalization companies, investors can expect potential dividend income alongside the growth opportunities provided by these established market leaders.
VETS TRACKING
The VETS ETF primarily tracks the total return performance of the Best for Vets Index, employing a passive management approach. This index is developed by VETS Indexes, LLC, and it comprises U.S.-listed stocks of companies that have consistently appeared on the Military Times Best for Vets list for three consecutive years, with a minimum market capitalization of $200 million. The ETF's goal is to closely mimic the performance of these veteran-friendly companies, offering investors exposure to firms recognized for their support of U.S. armed forces veterans and service members. VETS aims to maintain a strong correlation of 95% or better with the index, making it an attractive choice for those seeking investment opportunities aligned with veteran-friendly businesses.
VETS CORRELATION
The correlation aspect of the VETS ETF (VETS) is tied to its passive management approach, tracking the total return performance of the VETS Index. This index, developed by VETS Indexes, LLC, is based on the Military Times Best for Vets list, which annually evaluates companies' support for U.S. armed forces veterans and service members. While the ETF's correlation with specific market segments may vary, its strategy of replicating index components tends to maintain a strong correlation with the overall performance of companies that support veterans. Investors seeking to understand VETS ETF's correlation dynamics with different sectors and assets can utilize ETF Insider's web app, which provides in-depth data and visualizations, shedding light on potential overlaps and correlations in the U.S. ETF market.
VETS SECTOR
The VETS Sector, represented by the VETS ETF, is composed of U.S.-listed companies that have demonstrated a strong commitment to hiring and supporting U.S. armed forces veterans and service members. These companies come from various sectors and industries, such as banking, information technology, energy, and telecommunications. The VETS Index, upon which the ETF is based, includes companies that have consistently ranked on The Military Times Best for Vets list, showcasing their dedication to veteran employment and support. This ETF offers investors exposure to businesses with a strong focus on veteran-friendly practices while aiming to replicate the performance of the VETS Index.
VETS EXPOSURE
The exposure characteristic of the VETS ETF revolves around a unique indexing approach, mirroring the Best for VetsSM: Employers list. Developed by VETS Indexes, LLC, this ETF aims to capture the performance of companies excelling in recruiting U.S. armed forces veterans and service members. While primarily consisting of U.S.-listed stocks, it's important to note that these companies may have significant global business operations. The VETS ETF offers investors an opportunity to align their investments with socially responsible criteria, tracking a diverse array of sectors, including banking, information technology, energy, and telecommunications, among others. To gain a deeper understanding of this ETF's exposure and its alignment with veteran-friendly companies, utilize ETF Insider's web app and visualization tool, which provide comprehensive insights, including correlations and overlaps, for a wide range of U.S. ETFs.
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