Main Buywrite Etf Profile
BUYW Etf | USD 13.96 0.02 0.14% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Main Buywrite is selling for under 13.96 as of the 28th of November 2024; that is 0.14 percent increase since the beginning of the trading day. The etf's lowest day price was 13.92. Main Buywrite has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Main Buywrite ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests in domestic and international exchange-traded funds to provide investors with sustained exposure to domestic and foreign equity markets over time. Northern Lights is traded on BATS Exchange in the United States. More on Main Buywrite ETF
Moving together with Main Etf
0.91 | JEPI | JPMorgan Equity Premium | PairCorr |
0.93 | XYLD | Global X SP | PairCorr |
0.86 | DIVO | Amplify CWP Enhanced | PairCorr |
0.88 | RYLD | Global X Russell | PairCorr |
0.97 | JEPQ | JPMorgan Nasdaq Equity | PairCorr |
0.96 | NUSI | NEOS ETF Trust | PairCorr |
Moving against Main Etf
Main Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Buywrite ETFs, Derivative Income, Main Management ETFs (View all Sectors) |
Issuer | Main Management |
Inception Date | 2022-09-12 |
Entity Type | Regulated Investment Company |
Asset Under Management | 557.66 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Buywrite |
Market Concentration | Blended Development |
Region | Global |
Administrator | Ultimus Fund Solutions, LLC |
Advisor | Main Management Fund Advisors, LLC |
Custodian | Brown Brothers Harriman & Co. |
Distributor | Northern Lights Distributors, LLC |
Portfolio Manager | Kim D. Arthur, James W. Concidine, J. Richard Fredericks, Alex Varner |
Transfer Agent | Brown Brothers Harriman & Co. |
Fiscal Year End | 31-Oct |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 16.0 |
Market Maker | Jane Street |
Total Expense | 1.29 |
Management Fee | 0.95 |
Country Name | USA |
Returns Y T D | 9.42 |
Name | Main Buywrite ETF |
Currency Code | USD |
Open Figi | BBG019K5YFR5 |
In Threey Volatility | 7.17 |
1y Volatility | 2.22 |
200 Day M A | 13.7619 |
50 Day M A | 13.9392 |
Code | BUYW |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.51 |
Type | ETF |
Main Buywrite ETF [BUYW] is traded in USA and was established 2015-12-29. The fund is listed under Derivative Income category and is part of Main Management ETFs family. The entity is thematically classified as Strategy ETFs. Main Buywrite ETF currently have 140.29 M in assets under management (AUM). , while the total return for the last 3 years was 8.1%.
Check Main Buywrite Probability Of Bankruptcy
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 Main Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Main 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 Main Buywrite ETF 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.
Main Buywrite ETF Currency Exposure
Main Buywrite ETF 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 Main Buywrite 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 Main Buywrite ETF.
Top Main Buywrite ETF Etf Constituents
XLC | Communication Services Select | Etf | Communications | |
XLY | The Select Sector | Etf | MX Etf | |
XLU | The Select Sector | Etf | MX Etf | |
QQQM | Invesco NASDAQ 100 | Etf | Large Growth | |
SMH | VanEck Semiconductor ETF | Etf | Technology | |
SPY | SPDR SP 500 | Etf | MX Etf |
Main Buywrite ETF 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 Main Buywrite. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Mean Deviation | 0.1755 | |||
Semi Deviation | 0.1643 | |||
Standard Deviation | 0.2269 | |||
Variance | 0.0515 |
Main Buywrite ETF Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Main Buywrite ETF Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Main Buywrite price patterns.
Main Buywrite Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Main Buywrite ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Main Buywrite ETF is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Buywrite's value that differs from its market value or its book value, called intrinsic value, which is Main Buywrite'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 Main Buywrite's market value can be influenced by many factors that don't directly affect Main Buywrite'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 Main Buywrite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Buywrite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Buywrite'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.