This portfolio is an equal weighted index of the companies mentinoed in law360s "Monthly Merger Review", which discusses companies currently being investigated by the FTC. Therfore, the ETF rebalances its holdings on the first of each month. Companies must be listed on US exchanges.

For now the benchmark is the S&P 500 because these companies tend towards large caap.

The index rarely deviates from the S&P because Lina's investigations are priced into the market.