Bill of Materials Approach
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Weights are illustrative and may change.
Our Methodology
We map the components, equipment, infrastructure, and technologies required for an investment theme to scale, then identify the companies supplying each piece. Instead of weighting by market cap, we weight by the role each part of the buildout plays. The result is exposure designed to follow where industry CAPEX is going, not simply where market value already sits.
가격 및 성능
ETF 가격
2026년 11월 12일 현재
NAV
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일일 변경사항
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시장 가격
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일일 변경사항
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| 실적 기록 2026년 11월 14일 현재 | 인셉션 이후 | 1M | 3M | YTD | 1Y |
|---|---|---|---|---|---|
| NAV | -- | -- | -- | -- | -- |
| 시장 가격 | -- | -- | -- | -- | -- |
실적 기록
2026년 11월 14일 현재
인용된 실적 데이터는 과거 실적을 나타냅니다. 과거 실적은 향후 결과에 대한 보장은 아닙니다. 투자 수익과 투자 원금의 가치는 변동하므로, 투자자가 주식을 매각할 때 그 가치는 원래 비용보다 더 많거나 적을 수 있습니다. 펀드의 현재 성과는 표기된 성과보다 낮거나 높을 수 있습니다. 가장 최근 한 달 말의 성과를 확인하려면 (844) 875-2288로 문의하십시오.
투자는 원금 손실 가능성을 포함한 위험이 따릅니다. 모든 ETF의 주식은 시장 가격(NAV가 아닌)으로 매매되며, NAV보다 할인 또는 프리미엄으로 거래될 수 있습니다. 주식은 해당 펀드에서 개별적으로 상환되지 않으며, 창립 단위 단위로만 펀드에서 취득 또는 상환할 수 있습니다. 중개 수수료는 수익률을 감소시킬 수 있습니다.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Returns beyond 1 year are annualized. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.
FAQ
AMMO란 무엇인가?
AMMO는 비스타쉐어즈 디펜스 슈퍼사이클® ETF입니다. 이 ETF는 미국 국방부의 조달을 포함하여 글로벌 방산 공급망 전반의 기업에 투자하는 방산 ETF입니다. 이 ETF는 주요 방산 계약업체뿐만 아니라 방산 프로그램에 필요한 부품, 하위 시스템, 재료 및 지원 기술을 공급하는 기업들을 포트폴리오에 포함하고 있습니다. 이 ETF는 방산 인프라 ETF로서 장기적인 자산 가치 상승을 추구합니다.
AMMO는 주식인가 ETF인가?
AMMO is an exchange-traded fund (ETF), not a single company’s stock. One AMMO share represents an interest in a portfolio of global defense supply chain companies, and the shares trade during market hours like a stock under the ticker AMMO.
AMMO는 무엇을 가지고 있나요?
AMMO는 방위 센서, 전자 및 통신 제품을 기반으로 매출을 창출하는 글로벌 기업의 주식을 보유하고 있습니다. 또한 군용 항공기 추진 및 임무 시스템, 해군 추진 및 전투 시스템, 유도 미사일도 보유하고 있습니다. 부품 및 에너지학; 방위 우주 시스템; 지상 차량 시스템 및 핵심 소재. 이 회사는 주요 방위업체와 공급업체를 보유하고 있습니다. 전체 보유 현황 목록은 AMMO 펀드 페이지에서 확인할 수 있으며, 매일 업데이트됩니다.
What kinds of companies does AMMO not include?
AMMO seeks companies that derive their revenues from one of its six defense supply chain segments and that have significant economic exposure to defense. Companies with only incidental defense business are generally outside its mandate, and AMMO does not hold private companies.
Who manages AMMO?
AMMO’s investment adviser is VistaShares Advisors LLC, and the portfolio is run by the VistaShares Investment Committee, which maps the defense supply chain into six segments, selects and weights the suppliers in each, and watches for budget, contract and export changes between rebalances. More about the firm is on the VistaShares에 관하여 페이지.
Who oversees the management of VistaShares ETFs?
The VistaShares Investment Committee oversees and manages all VistaShares ETFs, pairing investment professionals and scholars with advisors who have operated businesses in each fund’s industry. For AMMO, that includes experience running manufacturing and supply chains for advanced defense systems and building satellite platforms for national security missions. See the VistaShares에 관하여 page for more.
How does AMMO work?
AMMO maps the defense supply chain, from electronics and propulsion to munitions, space systems and critical materials, using VistaShares’ Bill of Materials process, then selects and weights the companies contributing to each step. It is actively managed under a rules-based methodology set out in its rule book, rebalanced each June and December, and the Investment Committee may add or remove companies in between.
How are VistaShares ETFs managed?
VistaShares ETFs are actively managed and follow a researched, rules-based methodology designed to provide exposure to the theme an investor is seeking. In AMMO, that theme is the defense supply chain, and the committee draws on advisors with defense manufacturing experience.
What is the active "risk management overlay"?
In AMMO, the risk management overlay is the Investment Committee’s monitoring of companies across its six defense segments between the June and December rebalances. Defense budgets, contracts and export rules can change with little notice, and if the committee considers it necessary, it may add or remove companies before the next rebalance date. The overlay does not eliminate risk.
What are supercycles?
Supercycles are long-term trends in which technological advances disrupt existing economic models. AMMO is built around defense procurement and the supply chain of components, subsystems, materials and technologies behind it. See our guide to what a supercycle is in investing.
What is the defense supercycle?
The defense supercycle is VistaShares’ term for the long-term trend in defense procurement and the supply chain behind it: sensors and electronics, aircraft, naval and missile systems, defense space systems, ground vehicles and critical materials. VistaShares calls it a supercycle because it views advances in defense technology as disrupting existing economic models. AMMO seeks Pure Exposure™ to that value chain.
How does VistaShares analyze target industries?
VistaShares analyzes each target industry’s supply chain to identify the companies and profit pools in each sub-industry segment that have significant economic exposure to the theme. For AMMO, that means looking past the finished aircraft, ship or missile to the suppliers of its electronics, propulsion, energetics, materials and subsystems.
What is the "Bill of Materials" process?
The Bill of Materials process is how VistaShares identifies and weights the companies contributing to each step in the production process that leads to a final product. For AMMO, the final products are defense platforms, so the process traces the components inside them, from seekers and rocket motors to armor and rare earth elements, and the companies that supply each.
What sections are included in the Defense Supercycle Bill of Materials?
The Defense Supercycle Bill of Materials has six sections: sensors, electronics and communications; military aircraft propulsion and mission systems; naval propulsion and combat systems; guided missile components, energetics and ammunition; defense space systems; and ground vehicle systems, critical materials and industrial base capacity.
Does AMMO invest in defense electronics and communications?
Yes. AMMO’s first Bill of Materials section covers sensors, electronic warfare systems, tactical communications, satellite communications terminals, compute and microelectronics, test and interconnect equipment, and power and energy systems used in defense applications.
Is there an aerospace and defense ETF?
AMMO includes military aerospace as one of its six sections: aircraft propulsion systems, actuation and flight controls, avionics and mission systems, aerospace structures and advanced materials supplied to military aircraft and rotorcraft programs. It focuses on the defense supply chain rather than commercial aerospace. For space infrastructure, VistaShares offers GALX.
Does AMMO invest in naval shipbuilding suppliers?
Yes. AMMO’s naval section covers naval propulsion and power systems, shipboard sensors and communications, hull materials and fabrication, and combat systems integration for military surface and subsurface vessels.
Does AMMO include missile and ammunition makers?
AMMO’s Bill of Materials includes guided missile components, such as guidance and seeker systems, solid rocket motors, energetics, warheads and propellants, as well as conventional ammunition, precision bearings and actuation, and missile electronics and test equipment. Which specific companies the fund holds at any time is shown in the holdings list on the fund page.
Does AMMO invest in military space systems?
Yes. Defense space systems form one of AMMO’s six sections, including radiation-hardened electronics, space-qualified computing, and satellite launch and bus subsystems procured under military space programs. This is where AMMO’s theme overlaps with GALX, the VistaShares Space Infrastructure ETF.
Does AMMO invest in rare earths and critical materials?
Yes. AMMO’s sixth section covers ground vehicle systems, armor, fire control and drivetrain components, along with critical materials and rare earth elements and the industrial base capacity that supports defense procurement under U.S. Department of Defense Title II.
Does AMMO invest in defense cybersecurity companies?
Yes. AMMO can hold defense cybersecurity companies, although cybersecurity is not a separate section of its Bill of Materials. Cybersecurity companies can face rapid technological change, intense competition, security breaches and reputational harm from cyber incidents.
How many holdings does the portfolio hold at any time?
AMMO typically holds between 50 and 70 companies, including prime contractors and suppliers; the number varies as the portfolio is rebalanced. The full holdings list, updated daily, is on the fund page.
How often is the portfolio rebalanced?
AMMO is rebalanced semi-annually, in June and December. Between those dates, the Investment Committee may add or remove defense companies through its risk management overlay.
Where can I find additional information on the fund construction / methodology?
The full methodology is in the VistaShares Defense Supercycle® ETF (AMMO) rule book, linked from the AMMO fund page. Its prospectus, summary prospectus, SAI and shareholder reports are linked there too.
Is there a defense ETF?
Yes. AMMO, the VistaShares Defense Supercycle® ETF, is a defense ETF holding global companies across six segments of the defense supply chain, from electronics to aircraft, naval, missile, space and ground vehicle systems. It seeks long term capital appreciation. Other defense ETFs take different approaches, so compare objectives, holdings, fees and risks with a financial advisor. See our guide to the defense supply chain.
Is there a defense infrastructure ETF?
Yes. AMMO is positioned as a defense infrastructure ETF: it focuses on the components, subsystems, materials and industrial base capacity that defense programs depend on, rather than on one type of weapon system. It trades under the ticker AMMO.
Is there an ETF for defense contractors?
Yes. AMMO holds prime defense contractors as well as the companies that supply them with components, subsystems, materials and enabling technologies for military aircraft, ships, missiles, space systems and ground vehicles. The full holdings list, updated daily, is on the AMMO fund page.
Does AMMO hold non-US defense companies?
Yes. AMMO invests across the global defense supply chain, so its portfolio can include companies listed outside the United States as well as U.S. Department of Defense suppliers. Those companies are subject to foreign securities risk and, like all defense companies, to export controls, sanctions and limits on transferring sensitive technologies.
Does AMMO only invest in U.S. Department of Defense suppliers?
No. AMMO invests across the global defense supply chain, which includes U.S. Department of Defense procurement but is not limited to it. Its holdings can include non-US companies, prime contractors and suppliers of components, materials and enabling technologies.
How is AMMO different from owning a few large defense stocks?
A few large defense stocks concentrate results in those companies and the programs they win. AMMO holds a portfolio of prime contractors and suppliers across six segments, from electronics and energetics to rare earth elements, weighted by their contribution to each step. It is still concentrated in one industry and exposed to government budgets.
What is the best defense ETF?
VistaShares does not rank ETFs, and no single fund suits every investor. AMMO is an actively managed defense infrastructure ETF that weights global supply chain companies across six segments through a Bill of Materials process, rebalanced semi-annually. Compare objectives, holdings, fees and risks with a financial advisor. See our guide to how to evaluate a thematic ETF.
How is AMMO different from other defense ETFs?
AMMO differs from broad thematic funds mainly in how it selects companies. It maps the defense supply chain into six segments through its Bill of Materials, reaching component, materials and subsystem suppliers, identifies companies with significant economic exposure to each, and weights them by contribution. Its committee is advised by operators from defense manufacturing and military space.
How is AMMO different from GALX and RTOO?
AMMO invests across the defense supply chain. GALX, the Space Infrastructure ETF, invests in the commercial and government space economy, and RTOO, the Robotics Infrastructure ETF, invests across robotics. The themes touch at the edges: AMMO’s defense space section relates to GALX, and RTOO includes defense robotics. Each fund has its own Bill of Materials.
Why is now the right time to invest in the Defense Supercycle?
AMMO is designed to give investors access to companies that supply components, subsystems, materials and enabling technologies to the defense procurement supply chain. Through an actively managed process guided by a rules-based methodology, it seeks Pure Exposure™ to that value chain. This describes the fund’s design, not a forecast; defense spending changes with budgets and policy. Investments involve risk, including possible loss of principal.
Where is the fund traded?
AMMO is listed on the New York Stock Exchange (NYSE) under the ticker AMMO. It has traded since July 15, 2026, when it launched alongside GALX and RTOO.
What is AMMO's CUSIP, and when did it launch?
AMMO’s CUSIP is 45259A167. The fund launched on July 15, 2026.
How can I buy AMMO?
Investors can buy or sell AMMO through a brokerage account, or through a financial advisor, by entering the ticker AMMO during market hours; the minimum is one share. Trades occur at market price rather than net asset value, so the price paid may be higher or lower than the value of the holdings, and brokerage commissions may apply. AMMO’s holdings and performance, with their as-of dates, are on the fund page. For fund information, call (844) 875-2288.
What is AMMO's expense ratio?
AMMO’s expense ratio is 0.75%, as stated on the fund page on November 12, 2026. The cost is deducted from fund assets over the year and shows up in returns rather than as a separate bill.
Does AMMO pay distributions?
AMMO’s distribution frequency is annual. The fund seeks long term capital appreciation from defense supply chain companies rather than income. Any distribution amounts and dates are on the fund page.
What are the main risks of AMMO?
AMMO’s main risks are defense investing risks, concentration risk and foreign securities risk. It also carries IPO risk, equity market risk and economic and market risk, and as a new fund from a recently formed firm it has no extensive track record. Investments involve risk, including possible loss of principal.
How do government budgets affect defense companies?
Defense companies depend heavily on government contracts, which may be modified, curtailed or terminated, sometimes with little notice. Changes in spending priorities, budget constraints or procurement policy can reduce their revenues. Investments involve risk, including possible loss of principal.
How do geopolitics and export controls affect AMMO?
Defense companies are subject to changing geopolitical conditions, including global tensions and military conflicts, and to export controls, sanctions and restrictions on selling or transferring sensitive technologies. These can open or close markets and change demand. Investments involve risk, including possible loss of principal.
What operational risks do defense suppliers face?
Aerospace and defense technology firms face high research and development costs, long production cycles, supply chain disruptions and regulatory oversight of national security, classified programs and export-controlled materials. Delays or cost increases on a program can affect results. Investments involve risk, including possible loss of principal.
Is AMMO diversified?
AMMO holds many companies, but it concentrates in the defense industry, so economic, political or other conditions that hurt defense companies can affect the fund more than a fund invested across many industries. Investments involve risk, including possible loss of principal.
Can AMMO buy shares in IPOs?
AMMO may buy shares of defense supply chain companies offered in an initial public offering. Newly public shares can swing widely in value because they have no trading history, few shares may trade and information may be limited; while AMMO’s assets are small, an IPO can have an outsized effect on fund performance. Investments involve risk, including possible loss of principal.
Is AMMO a new fund?
Yes. AMMO launched on July 15, 2026, the same day as GALX and RTOO, so it does not have an extensive track record for investors to evaluate. VistaShares is a recently formed firm with limited ETF management experience, which may limit its effectiveness. Investments involve risk, including possible loss of principal.
Is AMMO a good investment?
AMMO is designed to seek long term capital appreciation by investing in global companies across the defense supply chain, as a thematic allocation alongside core equity holdings. It carries defense investing risks, including dependence on government budgets and contracts, industry concentration risk and foreign securities risk. Whether AMMO is appropriate depends on your objectives and circumstances; discuss it with your financial advisor and read the prospectus.
A global defense investment supercycle
Stockpile replenishment, equipment replacement and changing military requirements are reshaping defense procurement. We believe these needs could support a multiyear investment cycle as governments respond to missile, drone and electronic-warfare threats.
That investment spans aircraft and naval systems, air and missile defense, secure communications, sensors and the manufacturing capacity needed to produce critical equipment.
The VistaShares Defense Supercycle® ETF (AMMO) invests in global companies supplying components, subsystems, materials and enabling technologies that support U.S. Department of Defense procurement.
Beyond the major primes
Aircraft, ships and missile systems depend on specialist suppliers of propulsion, electronics, guidance systems, communications and precision components. These suppliers can participate across multiple defense programs and equipment manufacturers.
AMMO uses our Bill of Materials approach to examine these requirements and identify companies with economic exposure to defense procurement. This analysis informs portfolio construction alongside active assessments of company fundamentals, competitive positioning and valuation.
Defense spending does not translate automatically into supplier revenue or investment returns. Budget constraints, changing procurement priorities, contract cancellations and export restrictions can adversely affect portfolio companies.
ETF Objective
The VistaShares Defense Supercycle® ETF seeks long term capital appreciation by actively investing in a portfolio of global defense procurement supply chain companies that derive their revenues from defense sensors, electronics and communications; military aircraft propulsion and mission systems; naval propulsion and combat systems; guided missile components and energetics; defense space systems; and ground vehicle systems and critical materials supporting U.S. Department of Defense procurement programs.
Managed with domain expertise
이언 캔넬
투자위원회 자문위원
저스틴 로파스
투자위원회 자문위원
존 맥닐
공동 창립자
로버트 위트레이
최고 투자 전략가
아담 파티
최고 경영 책임자
데이비드 페터스톤호
최고 투자 책임자
이언 캔넬
투자위원회 자문위원
이언 카민은 Apex의 CEO이자 공동 창업자입니다. Apex는 고속 구성 가능한 위성 버스 플랫폼 제조업체로, Fast Company의 2025년 가장 혁신적인 기업 중 하나로 선정되었습니다. 세계 최고의 투자자들의 5억 달러 이상의 자금 지원을 바탕으로, Apex의 첫 번째 위성 버스는 생산 중인 우주선에서 가장 빠른 클린시트 설계로 세계 기록을 세웠습니다. 공간.
빠르게 성장하는 우주 산업의 요구를 충족하고 골든돔과 같은 국가 안보 중요 임무를 수행하기 위해 노력하는 Apex는 상용 및 정부 기관 모두에게 확장 가능한 플랫폼을 제공합니다. 분야들. Apex의 로스앤젤레스 생산 시설은 업계 표준인 몇 달 또는 몇 년이 아닌 수주 내에 고객에게 위성 버스를 공급할 수 있으며, 전체 생산 규모로 연간 200개 이상의 버스를 생산할 수 있는 역량을 갖추고 있습니다.
아펙스와의 협력 이전, 이안은 보안 및 방위 분야의 인공지능 전문 기업인 시냅스를 설립했습니다. 이안은 팔란티리 인수 후 이 기업을 이끌었습니다. 이안의 경력 초기에는 슈퍼랩스를 공동 창립했으며, 해당 기업은 인수 후 Zynga에 매각되었습니다. 이안은 해당 기업의 제품 책임자로 활동했습니다.
이언은 포브스 선정 “30세 이하 30인’에 선정된 인물이며, Y Combinator의 전직 졸업생입니다. 그는 MIT에서 학사 학위를 받았고, 스탠퍼드 경영대학원에서 MBA 학위를 취득했습니다.
저스틴 로파스
투자위원회 자문위원
저스틴 로파스는 테네시주 오스틴에 본사를 둔 에너지 기술 기업인 Base Power의 공동 창립자이자 최고운영책임자입니다. 이 기업은 가정용 배터리를 통해 전력망을 현대화하고 분산화하는 데 주력하고 있습니다. 시스템. 2023년에 Base Power를 설립하기 전, 그는 Anduril Industries의 제조 부문을 이끌었으며, SpaceX에서 근무했습니다. 그는 스타십 프로그램 구축과 텍사스에 스타베이스 지점을 설립하는 데 핵심적인 역할을 담당했습니다.
안듀릴에서 그는 고급 방위 시스템의 제조, 운영 및 공급망을 관리하는 150명 이상의 팀을 이끌었습니다. 스페이스X에서 배운 정밀 설계 철학으로 유명한 로파스는 이제 이러한 원칙을 확장 가능한 에너지 인프라에 적용하여 배터리 저장소를 지능형 그리드 기술로 전환하는 데 도움을 주고 있습니다.
미시간 대학에서 기계공학 학위를 취득한 로파스는 애플과 베이커 휴즈에서도 근무했습니다.
존 맥닐
공동 창립자
존은 현재 벤처 스튜디오인 DVx Ventures의 CEO이자 공동 창립자입니다. 존은 6개의 회사를 설립하고 성장시킨 경력을 가지고 있으며, 수만 개의 일자리를 창출하고 투자자들에게 수십억 달러의 수익을 창출한 팀을 이끌었습니다. DVx에서 존과 그의 팀은 대규모 시장에서 광범위한 기회를 겨냥한 13개의 회사를 설립했습니다.
이전에는 존은 테슬라의 사장으로 재직하면서 매출이 단 30개월 만에 2억 달러에서 20억 달러로 성장했습니다. 이후 존은 리프트의 COO로 합류하여 매출을 두 배로 늘리고 회사를 상장시키는 데 핵심적인 역할을 수행했습니다. 유니콘을 창출한 실리콘밸리 기업가로 6번이나 성공한 경력을 가진 존은 매출 및 운영 측면에서 극대화된 성장을 거치는 시기에 기업 운영과 확장 과정에서 풍부한 경험을 가지고 있으며, 9배의 수익성을 창출했습니다. 투자자들입니다.
존은 현재 Advent International과 Goodwater Capital에서 자문 파트너로 활동하고 있으며, Cruise의 이사회 부의장으로 활동하고 있습니다. 또한 그는 General Motors, Asurion, CrossFit, Stash 및 Lululemon의 이사회 회원으로도 활동하고 있습니다. Lululemon 이사회에서 재임 중이던 그는 회사의 재정 상태가 개선되어 주식 가치가 5배 증가했습니다.
존은 인기 있는 강연자이며, 하버드 비즈니스 스쿨과 MIT 슬론 경영대학원에서 강의를 자주 합니다. 존은 베인앤컴퍼니에서 경력을 시작하기 전에 노스웨스트 대학을 졸업했습니다.
로버트 위트레이
최고 투자 전략가
로버트 F. 위텔로우는 최근에 학부 대학장의 직을 맡았으며, 뉴욕대학교 레오나드 N. 스턴 경영대학의 에드워드 C. 존슨 3대 기업가금융 교수로서 계속해서 봉사하고 있다.
위트레이 교수는 시장 수준의 위험-수익 불일치를 해결하고 정보 처리의 역할이 과도한 변동성 요인을 설명하는 방안을 제시했으며, 마찰 요인들이 시장의 명백한 비효율성을 유발하는 요인이라는 점을 밝혀낸 등 경험적 자산 가격 결정에 관한 종합적인 연구로 가장 잘 알려져 있다. 그의 연구는 고정수익 증권의 가격 결정과 헤징, 그리고 위험 측정 및 관리에도 적용된다.
그의 논문은 재무학 저널(Journal of Finance), 금융경제학 저널(Journal of Financial Economics), 재무연구저널(Review of Financial Studies) 등 학술지에 게재되었으며, 파생상품 저널(Journal of Derivatives), 고정금리저널(Fixed Income, Risk), 재무분석가 저널(Financial Analysts Journal) 등 실무자들을 위한 저널에도 게재되었습니다. 그의 연구는 골드만삭스 자산운용 및 시카고 정량협회(Chicago Quantitative Alliance) 등 기관으로부터 상을 받았습니다. 또한 그는 국립경제연구원(NBER) 자산가격화 프로그램(Asset Pricing Program)의 연구조교이자 재무연구저널 및 재무학저널의 전임 부편집장입니다.
그는 스탠포드 경영대학원에서 금융학 박사 학위를 받았으며, MIT에서 수학 학사 학위를 받았습니다. 위트레일 교수는 MBA, 학부 및 임원 과정에서 포트폴리오 관리, 투자/자본시장, 국제금융을 가르치고 있으며, 박사 과정에서는 자산가격학을 가르치고 있습니다.
아담 파티
최고 경영 책임자
아담은 교환형 펀드 산업의 선구자입니다. VistaShares 설립 이전, Adam은 모든 투자자들의 포트폴리오 구축을 강화하기 위해 기관 수준의 대체 투자 전략과 ETF의 강력한 장점을 결합하겠다는 비전을 가지고 IndexIQ를 설립했습니다. IndexIQ는 ETF 업계의 선도적인 대체투자 관리사로 자리매김했으며, 2015년에 뉴욕 라이프 보험 회사에 인수되었습니다.
IndexIQ의 회장 겸 CEO로서 Adam은 IndexIQ의 수상 경력에 빛나는 대체투자 전략 제품 라인의 설계자였으며, 인수 후에는 회사를 뉴욕라이프 인베스트먼트의 인프라에 성공적으로 통합하는 데 힘써 왔으며, 이는 전 세계적으로 IndexIQ 브랜드의 ETF 출시를 포함합니다.
IndexIQ를 설립하기 전, 아담은 TimeWarner에서 일련의 고위 임원직을 맡았습니다. 그 중에서도 Fortune Magazine에서 Fortune Indexes의 리더 역할을 맡았습니다. Fortune Indexes는 최초의 스마트 베타 지수인 IndexIQ의 창시자입니다. 이 회사는 2000년 State Street Global Advisors와 협력하여 Fortune 500 ETF를 출시한 최초의 ETF 기업이기도 합니다.
아담은 종종 언론에 소개되며 ETF 및 대체투자 분야의 전문가로서 다수의 상을 받았습니다. 그는 노스웨스트 대학교(케일로그 경영대학)에서 금융, 마케팅 및 기업가 정신을 전공으로 삼고 MBA 학위를 받았으며, B.S. 학위를 취득했습니다. 알바니 대학교에서 금융학을 전공했습니다.
데이비드 페터스톤호
최고 투자 책임자
데이비드는 DVx의 대표이며, 신규 사업 및 외부 투자에 대한 검토를 감독합니다. DVx에 합류하기 전, 데이비드는 글로벌 기술 투자 펀드인 Mithril Capital Management에서 근무했습니다. Mithril에서 데이비드는 투자팀에서 일하며 이종 투자 기회를 평가하고 포트폴리오 기업을 지원했습니다. 데이비드는 맥길 대학교를 졸업했습니다.
- 출시일
- July 15, 2026
- 비용 비율
- 0.75%
- 순자산
- --
- 타이커
- AMMO
- CUSIP
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- 주요 거래소
- 뉴욕 증권거래소
- 유통중인 주식 수
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- 지분 보유 수
- --
- 프리미엄/할인
- --
- 30일 평균 매수/매도 스프레드
- --
Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
이펀드는 향후 어떻게 성과를 내는지에 대한 보장은 없습니다. 또한 특정 달에 지급될 지급금이 정해진 대로 이루어질 것이라는 보장은 없습니다. 또한 결과는 매우 달라질 수 있습니다.
- SEC 수익률 30일 평균
- --%
- 유통 빈도
- Annually
The 30-Day SEC Yield represents net investment income earned by the Fund over the 30-day period ended on the date indicated by the Yield, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-day period. The unsubsidized 30-Day SEC Yield does not reflect any fee waivers/reimbursements/limits in effect.
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기금별 공개
주식 시장 위험요소. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers.
Economic and Market Risk. Economies and financial markets throughout the world are becoming increasingly interconnected, which increases the likelihood that events or conditions in one country or region will adversely impact markets or issuers in other countries or regions. Securities in the Fund’s portfolio may underperform in comparison to securities in the general financial markets, a particular financial market, or other asset classes, due to a number of factors, including inflation (or expectations for inflation), deflation (or expectations for deflation), interest rates, global demand for particular products or resources, market instability, financial system instability, debt crises and downgrades, embargoes, tariffs, sanctions and other trade barriers, regulatory events, other governmental trade or market control programs and related geopolitical events.
Defense Investing Risks. Companies operating in the cybersecurity, defense, military technology, aerospace, and advanced autonomous defense sectors may be adversely affected by government spending priorities, budgetary constraints, and changes in defense procurement policies. These industries are heavily dependent on government contracts that may be modified, curtailed, or terminated, sometimes with little notice. Companies in these sectors are also subject to evolving geopolitical conditions, including increased global tensions, military conflicts, export controls, sanctions, and restrictions on the sale or transfer of sensitive technologies. Cybersecurity companies may experience rapid technological change, intense competition, vulnerabilities to security breaches, and reputational harm arising from cyber incidents. Aerospace and defense technology firms face high research and development costs, long production cycles, supply-chain disruptions, and regulatory oversight relating to national security, classified programs, and export-controlled materials.
Concentration Risk. To the extent that the Fund concentrates in an industry, it will be subject to the risk that economic, political, or other conditions that have a negative effect on that industry will negatively impact the Fund to a greater extent than if its assets were invested in a wider variety of industries.
Foreign Securities Risk. Investments in securities or other instruments of non-U.S. issuers involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies. Financial markets in foreign countries often are not as developed, efficient, or liquid as financial markets in the United States, and therefore, the prices of non-U.S. securities and instruments can be more volatile.
Newer Sub-Adviser Risk. VistaShares is a recently formed entity and has limited experience with managing an exchange-traded fund, which may limit the Sub-Adviser’s effectiveness.
IPO Risk. The Fund may purchase securities of companies that are offered in an IPO. The risk exists that the market value of IPO shares will fluctuate considerably due to factors such as the absence of a prior public market, unseasoned trading, the small number of shares available for trading and limited information about the issuer. When the Fund’s asset base is small, a significant portion of the Fund’s performance could be attributable to investments in IPOs, because such investments would have a magnified impact on the Fund.