🚨 Introducing Shield™ 🚨
A New Approach to Buffered ETFs:
$VOOB &
$QQQB
Today, VistaShares launched two new actively managed ETFs designed to rethink the traditional buffered / defined outcome structure:
🛡️ VOOB - VistaShares Shield™ S&P 500 Enhanced Protection ETF
🛡️ QQQB - VistaShares Shield™ Nasdaq-100 Enhanced Protection ETF
Traditional defined outcome ETFs can come with structural tradeoffs: caps on upside, cliffs once the buffer is exhausted, long outcome periods, mid-period entry considerations, and multiple laddered tickers. Shield™ was built differently.
What Shield™ seeks
🛡️ 8% monthly buffer: under current market conditions, each Fund initially seeks, after fees and expenses, to offset 100% of the first 8% of losses in its applicable Underlying ETF during each monthly period.
🛡️ Approximately 50% of losses beyond the buffer: rather than participating in 100% of additional losses, each Fund initially seeks to experience approximately 50% of losses beyond the first 8% during the period.
🛡️ No structural cap: the Funds do not employ a structural cap that limits potential gains, although upside participation is partial, varies, and is not a fixed percentage.
🛡️ Monthly options periods: the Funds are continuous investment vehicles and generally rebalance options positions monthly as they approach expiration.
🛡️ One ticker per exposure: VOOB for S&P 500 exposure and QQQB for Nasdaq-100 exposure.
Read the launch press release:
vistashares.com/vistashares-…
For additional information and the fund prospectus:
VOOB:
vistashares.com/etf/voob/
QQQB:
vistashares.com/etf/qqqb/