This exchange-traded fund typically dedicates at least 80% of its portfolio, under ordinary conditions, to the components of its benchmark index or to investments demonstrating comparable economic attributes. The index, meticulously constructed by Indxx, LLC, targets U.S. equity securities that have undergone substantial share price depreciation over the preceding year. However, a key criterion for inclusion is their robust financial standing, which signals a prospective recovery in their stock value. Importantly, this fund is classified as non-diversified.