Clough Hedged Equity ETF
Data updated: 2025-01-08
C000222872 — Clough Hedged Equity ETF. United States Large Cap Blend / Core Equity · $35.06M AUM. Holdings, fees, performance and SEC filings.
C000222872 Fund Overview
Clough Hedged Equity ETF is a US ETF managed by Listed Funds Trust, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Listed Funds Trust
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $35.06M
- 1-year return: 34.8%
- SEC CIK: 0001683471
- SEC series ID: S000069997
- Share class ID: C000222872
C000222872 Investment Objective and Strategy
Clough Hedged Equity ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Listed Funds Trust.
Investment objective
The Clough Hedged Equity ETF (the Fund) (f/k/a Clough Long/Short Equity ETF) seeks long-term capital appreciation while minimizing volatility.
Principal investment strategy
The Fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by purchasing securities Clough Capital Partners L.P. (the Adviser), the Funds investment adviser, believes to have above-average financial characteristics, be undervalued and/or have growth potential, and by taking short positions in securities the Adviser believes will decline in price. The Fund will generally have net long exposure of between 30%-70% of the Funds net assets. The Fund also intends to employ a variety of other investment techniques, including purchases of put and call options and options on stock indices, to hedge against fluctuations in the price of portfolio securities, to enhance total return or to provide a substitute for the purchase or sale of securities. The Funds long positions are generally expected to be comprised of U.S.-listed equity securities of any market capitalization or depositary receipts, including American Depositary Receipts (ADRs), European Depositary Receipts (EDRs) and Global Depositary Receipts (GDRs).
The Fund may invest in companies of all market capitalizations. The Adviser typically looks to purchase securities of companies organized in the U.S. but doing a substantial amount of business outside the U.S. that it believes will outperform the market over the course of an entire market cycle (typically between 5 and 11 years) while maintaining overall portfolio volatility that is lower than that experienced by the broader market. The Adviser will obtain exposure to emerging markets through investments in U.S.-listed securities, including ADRs, of companies domiciled in emerging markets. The Adviser also seeks to identify positions for the Fund to sell short based on the Advisers assessment of the likelihood of a decline in the value of the security. A short sale is a transaction in which the Fund sells a security it does not own, typically in anticipation of a decline in the market price of that security.
The Funds hedging techniques may be used as hedges against or substitutes for investments in equity securities. The Fund seeks to achieve its investment objective by applying a fundamental research-driven investment process. The Adviser believes attractive investment returns can be achieved when key, proprietary insights into industry or economic trends are uncovered by the Adviser through its fundamental research process before the value of the relevant securities has been impacted by such information. Within this context, the investment process will focus on a number of major global investment themes identified by the Adviser. Once attractive themes are identified, the Adviser generally utilizes a bottom-up research process to identify companies it believes are best positioned to benefit from those specific themes, as well as companies that the Adviser believes may be vulnerable considering these themes.
Individual long positions will be selected based upon a host of qualitative and quantitative factors, including, but not limited to, a companys competitive position, quality of company management, quality and visibility of earnings and cash flow, balance sheet strength, and relative valuation sustainability attributes. Conversely, issuers facing profit headwinds, balance sheet weaknesses, competitive pressures, or adverse regulatory changes, among other challenges, may present attractive opportunities as short positions when the Adviser believes their value is likely to decline over some period of time. Securities selected for short selling may also include companies expected to underperform relative to their sector or industry. The Fund also may purchase or sell (write) exchange-traded put or call options on stocks or stock indices for any purpose consistent with its investment objective, such as for hedging or obtaining market exposure.
A put option gives the owner of the put the right, but not the obligation, to sell a security at a stated price within a specific timeframe, and a call option gives the owner of the call the right, but not the obligation, to buy a security at a stated price within a specific timeframe. The Fund may use a variety of investment techniques including shorting strategies, use of derivatives, and use of long-dated bonds, designed to capitalize on declines in the market price of equity securities or declines in market indices ( e.g. , the Fund may establish short positions in specific stocks or stock indices) based on the Advisers investment outlook. In general, the Funds investments are broadly invested over a number of sectors, but the Fund may focus on the energy, technology, consumer, industrial and healthcare sectors at times.
Under normal circumstances, at least 80% of the Funds net assets, plus borrowings for investment purposes, will be invested in equity securities, including common stocks and depositary receipts.
C000222872 Holdings
Top 10 holdings of Clough Hedged Equity ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Treasury Obliga | 4.95% |
| Dell Technologies Inc | 3.17% |
| Cheniere Energy Inc | 3.14% |
| Entergy Corp | 3.05% |
| Expand Energy Corp | 2.95% |
| Champion Homes Inc | 2.87% |
| Service Corp International/US | 2.81% |
| Walmart Inc | 2.79% |
| OneSpaWorld Holdings Ltd | 2.79% |
| Kinross Gold Corp | 2.76% |
C000222872 Portfolio Allocation
Asset-class allocation of Clough Hedged Equity ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.0% |
| Cash & Equivalents | 4.9% |
C000222872 Performance
Total returns for C000222872 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 34.8% |
| 3 years (annualised) | -1.1% |
C000222872 Risk Information
Risk metrics for C000222872, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.0%
C000222872 Costs and Fees
C000222872 costs about $259 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.59%
- Gross expense ratio: 2.59%
- Portfolio turnover: 784%
- Brokerage commissions: 128.68 bps of average net assets (SEC N-CEN)
C000222872 Cashflows
Over the 12 months to 2024-10, Clough Hedged Equity ETF had net inflows of $25.80M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-10 | $277.10K |
| 2024-09 | $0 |
| 2024-08 | −$249.01K |
| 2024-07 | $0 |
| 2024-06 | $9.23M |
| 2024-05 | $13.92M |
C000222872 Debt Constituents
No individual debt constituents are reported in Clough Hedged Equity ETF's latest SEC N-PORT filing.
C000222872 Prospectus and SEC Filings
Official Clough Hedged Equity ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-28
- Prospectus (485BPOS) — filed 2023-02-27
- Prospectus (485BPOS) — filed 2022-02-23
- Portfolio holdings (N-PORT) — filed 2024-12-17
- Portfolio holdings (N-PORT) — filed 2024-09-24
- Portfolio holdings (N-PORT) — filed 2024-06-21
- Annual census (N-CEN) — filed 2025-01-08
- Annual census (N-CEN) — filed 2024-01-12
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.