WEBs SPY Defined Volatility ETF (DVSP)

WEBs SPY Defined Volatility ETF (DVSP) is an exchange-traded fund in the Large Blend category. It has $1.44M in assets, an expense ratio of 0.89% and a 0.26% dividend yield. The fund implements its investment objective by investing, under normal market conditions, at least 80% of its net assets in financial instruments that achieve the investment results of the index. The index is a rules-based strategy that seeks to track the performance of the SPDR® S&P 500® ETF, with investment exposure to the underlying ETF adjusted for a targeted annual volatility rate of 20%. The fund is non-diversified.