SECA - Main Active Rotation ETF
SECA aims to outperform the S&P 500 in rising markets while limiting losses during periods of decline through dynamic sector and stock allocation. The fund-of-funds invests in sector ETFs and individual securities believed to be undervalued and poised to benefit from financial market catalysts. Securities are sold when they reach the target price and no longer considered undervalued.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $449.5M
- Beta
- 0.00
- 52-Week Range
- 24.88-25.94
- IPO Date
- Sep 21, 2026
- Exchange
- CBOE
SECA Options Snapshot
Options pricing data for SECA is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The SECA overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
SECA fund facts: expense ratio 0.69%, assets under management $456.2M, NAV $25.56 as of the data source's update on Oct 8, 2026, launched Sep 21, 2026, issued by Main Management. See the SECA holdings.
Frequently asked SECA overview questions
- What is SECA?
- SECA is the ticker symbol for Main Active Rotation ETF, an listed exchange-traded fund. SECA aims to outperform the S&P 500 in rising markets while limiting losses during periods of decline through dynamic sector and stock allocation. The fund-of-funds invests in sector ETFs and individual securities believed to be undervalued and poised to benefit from financial market catalysts. Listed on CBOE. SECA is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are SECA's key statistics?
- Main Active Rotation ETF (SECA) carries a market capitalization of $449.5M, 52-week range of 24.88-25.94. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does SECA belong to?
- Main Active Rotation ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SECA's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the SECA data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for SECA, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.