This actively managed exchange-traded fund endeavors to achieve its investment objectives predominantly by allocating its capital among other ETFs. These underlying investment vehicles, in turn, focus their investments on companies spanning a broad array of U.S. market sectors, including communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. Notably, this fund operates on a non-diversified basis.
