ZEGA Buy and Hedge ETF (ZHDG)

ZEGA Buy and Hedge ETF (ZHDG) is an exchange-traded fund in the Derivative Income category. It has $35.30M in assets, an expense ratio of 0.97% and a 2.47% dividend yield. The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. The sub-adviser seeks to achieve exposure to the performance of the U.S. large capitalization equity market, generally recognized as the S&P 500® Index, through call index options, call options on the SPDR S&P 500 ETF Trust or other ETFs that track the S&P 500, and FLexible EX…