(HEGD) Swan Hedged Equity US Large - Ratings and Ratios

The Swan Hedged Equity US Large Cap ETF (BATS:HEGD) is an actively-managed exchange-traded fund designed to provide exposure to large-capitalization U.S. equities while implementing a hedging strategy to mitigate downside risk. The fund typically invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of large-cap U.S. companies, either directly or through other investment companies, including ETFs. To achieve its investment objective, the fund may engage in options trading, including buying and selling put and call options, to hedge its portfolio and enhance returns.

HEGD is structured to combine the benefits of large-cap equity exposure with a risk management approach. The funds active management allows for tactical adjustments in response to market conditions, with a focus on delivering returns that are less volatile than the broader equity market. By incorporating options strategies, the fund aims to protect capital during market downturns while still participating in upside potential during rallies.

From a technical perspective, HEGD is currently trading at $22.45, slightly below its 20-day SMA of $22.85 but above its 200-day SMA of $21.96. The 50-day SMA is at $22.74, indicating a potential resistance level. The Average True Range (ATR) of 0.18 suggests moderate volatility, with price fluctuations typically remaining within a narrow range. The funds average 20-day volume is 67,580 shares, reflecting moderate liquidity.

The funds assets under management (AUM) stand at $377.56 million, indicating a sizable investor base. This AUM level allows for efficient trading and diversification within the large-cap U.S. equity universe. HEGDs structure as an ETF provides investors with transparency, liquidity, and cost-efficiency compared to traditional actively-managed mutual funds.