Arrow Reverse Cap 500 ETF

YPS is a US Equities ETF. The Fund uses a passive management (or indexing) approach to track the performance, before fees and expenses, of the Index. The Index is a rules-based, reverse capitalization weighted index comprised of constituents of the S&P 500 Index, which consists of approximately 500 leading U.S.-listed companies representing approximately 80% of the U.S. equity market capitalization. The Index seeks to provide exposure to the U.S. large-cap market but with greater emphasis on the smaller-end of the large-cap market, unlike many traditional market capitalization weighted indexes that place a greater emphasis on the largest companies in the large-cap market. The Index includes common stocks and equity interests in real estate investment trusts ( REITs ).

YPS tracks the Reverse Cap Weighted U.S. Large Cap Index.

No, YPS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, YPS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on YPS is -0.0321%. This is the percent change in the value of YPS over the most recent 1-month period. The 3-month return on YPS is -0.0208%. This is the percent change in the value of YPS over the most recent 3-month period.

The standard deviation of YPS for the past year is 0.1923%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to YPS include IVV, MDY, and IJR.

ETFs correlated to YPS include RSP, EUSA, and EQAL.

ETFs that are inversely correlated to YPS include TZA, RWM, and TWM.