“As of Feb. 12, 2016, the PowerShares S&P 500 Downside Hedged Portfolio has total net assets of $343.2 million with 507 holdings. The fund’s top five holdings are 15.37% in CME E-Mini Standard & Poor’s 500 Index Future expiring in March 2016, 13.29% in CBOE Volatility Index Future expiring in March 2016, 2.23% in Apple, 1.72% in CBOE Volatility Index Future expiring in February 2016 and 1.72% in Microsoft,” according to Investopedia.
For conservative investors, PHDG is a superior alternative to VIX-based exchange traded products, which come with an array of risks that some investors should look to dodge. Investors should also be aware that VIX-related ETFs are designed to track CBOE Volatility Index futures contracts, not the VIX spot price. Consequently, traders can lose money on this trade when longer-dated contracts are more expensive than the front-month contract, or when markets are said to be in “contango.” [Survive Market Swings With These ETFs]
PowerShares S&P 500 Downside Hedged Portfolio