Listed Funds Trust Roundhill S&P Global Luxury ETF(AMEX:LUXX)

LUXX tracks an index of 80 stocks, selected globally, that are engaged in the luxury market. Luxury is defined as any goods or services that go beyond fulfilling basic needs. They are considered discretionary, commanding a premium price due to brand reputation, craftsmanship, innovation, or the exceptional experience they provide. LUXXs issuer believes favorable long-term total returns are generated based on the higher margins and strong free cash flow associated with such stocks. The holdings are selected and weighted based on float-adjusted market cap and multiplied by a proprietary luxury exposure score. The luxury score is subjective, yet is based on qualitative factors such as a companys business description, revenue, and market perception. The resulting investment exposure focuses on the largest companies considered a luxury and span a wide range of industries. Individual stocks are subject to weighting caps. The index is reconstituted and rebalanced annually in July.