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CurrencyCode | USD |
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Exchange | LSE |
Beta | 0.86 |
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Market Cap | None |
PE Ratio | None |
Target Price | None |
Dividend Yield | None |
The Lyxor FTSE USA Minimum Variance UCITS ETF is a UCITS compliant exchange traded fund that aims to track the FTSE USA Minimum Variance Net Index. The FTSE USA Minimum Variance Net Index seeks to provide exposure to US large and mid caps with reduced risk. The strategy aims to achieve this by selecting stocks with low correlation with one another. Stock selection is subject to strict diversification rules to avoid excessive concentration risk. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.
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