HEDGED EQUITY
KSPYUI Index
INDEX DETAILS
Ticker
Security Type
ISIN
Calculation Agent
Inception Date
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Data
KSPYUI Index
Equity Index
DE000SL0MK55
Solactive AG
6/24/2024
KSPYUI OVERVIEW
The Hedgeye Hedged Equity Index (Bloomberg: KSPYUI Index) provides exposure to the S&P 500 while actively reducing volatility and providing downside risk management. The Index is managed by Hedgeye Asset Management, LLC and utilizes a model based on Hedgeye’s proprietary Risk Range™ Signals that analyze the daily trading range of the S&P 500. The Index toggles between three options strategies based on where the S&P 500 falls within these ranges. These options strategies are intended to provide downside risk management, option income, and potential compensation for the loss of upside. Depending on market conditions, the Index can change options strategies as frequently as daily.

Index Documents
ABOUT US:
Hedgeye Asset Management, LLC (“HAM”) is an SEC-registered investment adviser that manages exchange traded funds (ETFs) and provides model portfolio and index services to other registered investment advisers. HAM is a subsidiary of Hedgeye Risk Management, LLC. For more information about the ETFs, strategies, research or HAM, please visit www.hedgeyeam.com or email info@hedgeyeam.com.
DISCLOSURE:
This information is adviser marketing and market commentary, and neither tailored nor specific investment advice, nor an offer to sell, or a solicitation of an offer to buy any investment product, security, or services offered by Hedgeye Asset Management, LLC (“HAM”) or its affiliates. HAM and its affiliate, Hedgeye Risk Management, LLC (“Hedgeye”), issue market research which may differ from the strategies and products due to varying objectives and parameters. HAM does not provide legal or tax advice. Investors should make their own decisions regarding any investments mentioned, and their prospects, based on such investors’ own review of publicly available information, including fund prospectuses, and should not rely on the information contained herein. Investors should consider investment objectives, risks, fees and expenses carefully before investing. Certain information contained in this document may constitute “forward-looking statements.” Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements.
The Hedgeye® Hedged Equity Index (the “Index”) is a product of HAM which has contracted with S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (“SPDJI”) to license the S&P 500 Index in connection with the Index. The S&P 500 Index, S&P®, S&P 500®, the 500, US 500 are the property of SPDJI and/or its affiliates (“S&P Dow Jones Indices”) and/or their third party licensors. S&P®, S&P 500®, the 500, US 500 are registered trademarks of S&P Global Inc. and/or its affiliates, Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed to S&P Dow Jones Indices and have been sublicensed for use for certain purposes by HAM. S&P Dow Jones Indices and its third party licensors shall have no liability for any errors or omissions in the S&P 500 Index and the Index is not owned, endorsed, or approved by or associated with S&P Dow Jones Indices.
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Solactive AG (“Solactive”) is the calculation agent of the Index. The financial instrument that is referencing the Index is not sponsored, endorsed, promoted, sold or supported by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive does not guarantee the accuracy and/or the completeness of the Index and shall not have any liability for any errors or omissions with respect thereto.