[shenoybr]

For a large, highly liquid ETF like SPY, it’s easy to rapidly unwind a position at a very tight spread. How does Double’s approach—directly holding the individual underlying securities—compare in terms of market liquidity and transaction costs, especially if I need to quickly liquidate my portfolio or adjust my positions?

[xxpor]

Is that really a concern for anything in the S&P 500? The underlying concern is valid, but for this specific example it seems like a best case scenario for avoiding that problem.