Aztlan Global Stock Etf Profile
| AZTD Etf | USD 24.76 0.02 0.08% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Aztlan Global is trading at 24.76 as of the 28th of November 2024, a 0.08 percent decrease since the beginning of the trading day. The etf's lowest day price was 24.76. Aztlan Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Aztlan Global Stock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index is comprised of equity securities of companies from the following three developed markets regions. Aztlan Global is traded on NYSEARCA Exchange in the United States. More on Aztlan Global Stock
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Aztlan Etf Highlights
| Thematic Idea | Strategy ETFs (View all Themes) |
| Business Concentration | Strategy ETFs, Global Small/Mid Stock, Aztlan ETFs (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2022-08-17 |
| Benchmark | Solactive Aztlan Global Developed Markets SMID Cap Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 28.43 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| Market Concentration | Developed Markets |
| Region | Global |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Michael Venuto, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 53.0 |
| Market Maker | GTS |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| 200 Day M A | 22.2649 |
| Country Name | USA |
| 50 Day M A | 24.096 |
| Code | AZTD |
| Updated At | 27th of November 2024 |
| Returns Y T D | 14.76 |
| Name | Aztlan Global Stock Selection Dm SMID ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG0196FNNX7 |
| Type | ETF |
| 1y Volatility | 15.17 |
Aztlan Global Stock [AZTD] is traded in USA and was established 2022-08-17. The fund is listed under Global Small/Mid Stock category and is part of Aztlan ETFs family. The entity is thematically classified as Strategy ETFs. Aztlan Global Stock presently have 2.71 M in assets under management (AUM). , while the total return for the last year was 20.3%.
Check Aztlan Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Aztlan Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Aztlan Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Aztlan Global Stock Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Aztlan Global Stock Currency Exposure
Aztlan Global Stock holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Aztlan Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Aztlan Global Stock.
Top Aztlan Global Stock Etf Constituents
| NST | Northern Star Resources | Stock | Materials | |
| CROX | Crocs Inc | Stock | Consumer Discretionary | |
| GFF | Griffon | Stock | Industrials | |
| BLBD | Blue Bird Corp | Stock | Industrials | |
| PLMR | Palomar Holdings | Stock | Financials | |
| ALKT | Alkami Technology | Stock | Information Technology | |
| POWL | Powell Industries | Stock | Industrials | |
| FIX | Comfort Systems USA | Stock | Industrials |
Aztlan Global Stock Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Aztlan Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.082 | |||
| Jensen Alpha | 7.0E-4 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) |
Aztlan Global Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aztlan Global Stock. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Aztlan Global Stock is measured differently than its book value, which is the value of Aztlan that is recorded on the company's balance sheet. Investors also form their own opinion of Aztlan Global's value that differs from its market value or its book value, called intrinsic value, which is Aztlan Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aztlan Global's market value can be influenced by many factors that don't directly affect Aztlan Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aztlan Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aztlan Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aztlan Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.