MC Trio Equity Buffered ETF (TRIO)

The MC Trio Equity Buffered ETF (TRIO) is an options-based equity fund that seeks to provide exposure to U.S. stock market returns while offering a degree of protection against losses. It uses a buffered strategy built with listed options on broad equity benchmarks.

As the name suggests, the fund combines three layers or series of buffered exposures, which helps spread out the reset dates of its option positions rather than relying on a single outcome period. In exchange for the downside buffer, potential gains are limited by caps embedded in the option structure. The ETF trades on Cboe BZX.