Day Hagan Smart Buffer ETF (DHSB)

The Day Hagan Smart Buffer ETF (DHSB) is an actively managed exchange-traded fund from Day Hagan Asset Management, based in Sarasota, Florida. It is listed on NYSE Arca.

The fund seeks equity market participation while managing downside risk. It combines exposure to U.S. stocks with an options-based hedging overlay intended to buffer losses during market declines, and Day Hagan may adjust the level of protection over time using its research and risk models.

Unlike fixed-term defined outcome funds, the strategy is managed on an ongoing basis rather than around a set outcome period with a predetermined cap.