GSPY
Gotham Enhanced 500 ETF
$43.07
+0.25
(+0.59%)
AUM
$752.57M
Expense Ratio
0.65%
NAV
$42.58
Asset Class
Equity
Inception
12/28/2020
Provider
Gotham
Top Holdings
Fund Description
The Gotham Enhanced 500 ETF (GSPY) is an actively managed exchange-traded fund. Its primary goal is to meet its investment objective by primarily allocating capital to the stocks of companies found within the S&P 500 Index. Crucially, this is not a traditional passive index fund; instead, it employs an "enhanced" investment strategy. This approach is executed by the fund's investment sub-adviser, who selects holdings from the S&P 500. However, rather than strictly mirroring the index, they adjust the proportion of each security based on a dual assessment: the sub-adviser's own valuation of each company and its existing representation within the broader S&P 500 index.