Variant Perception Cycle Aware US Equity ETF

VPX seeks capital appreciation and reduced downside risk by investing in select large-cap US equity securities. The actively managed fund invests at least 80% of assets in equity securities including stocks, rights, warrants, depositary receipts, and MLPs. Portfolio construction begins with sector analysis using a proprietary capital cycle model to allocate among sectors and avoid industries likely to impede returns. Selection is based on a proprietary analysis of quality and behavioral factors such as profitability, safety, and growth. The fund considers crowding or the stocks popularity as a behavioral signal, as it believes less crowded stocks tend to outperform in volatile markets. Up to 20% may be allocated to cash and cash equivalents, determined using a quantitative model that assesses macroeconomic risk. The portfolio is continually monitored and systematically rebalanced monthly or at the managers discretion.

Asset class

Equity

Issuer

Variant Perception

Domicile

US

Inception date

Mar 11, 2026

ISIN

US02072Q2672