Acruence Capital Launches First ETF, XVOL

On Thursday, ETF newcomer Acruence Capital launched its first fund, the Acruence Active Hedge U.S. Equity ETF (XVOL), an actively managed large cap equity ETF that uses VIX options to reduce volatility. The fund, which is listed on the NYSE, carries an expense ratio of 0.83%. According to the press...
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