Change Finance Diversified Etf Profile
| CHGX Etf | USD 39.94 0.35 0.87% |
Performance8 of 100
| Odds Of DistressLess than 9
|
Change Finance is trading at 39.94 as of the 28th of November 2024; that is 0.87 percent decrease since the beginning of the trading day. The etf's open price was 40.29. Change Finance 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 Change Finance Diversified 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 measures the performance of an equal-weighted portfolio of approximately 100 large-, mid-capitalization equity securities of U.S. Diversified Impact is traded on NYSEARCA Exchange in the United States. More on Change Finance Diversified
Moving together with Change Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.98 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.98 | IVV | iShares Core SP | PairCorr |
| 0.98 | VIG | Vanguard Dividend | PairCorr |
| 0.98 | VV | Vanguard Large Cap | PairCorr |
| 0.99 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
Moving against Change Etf
Change Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Large Blend, AXS (View all Sectors) |
| Issuer | AXS Investments |
| Inception Date | 2017-10-09 |
| Benchmark | Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 138.98 Million |
| Average Trading Valume | 6,256.5 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | UMB Fund Services, Inc., Mutual Fund Administration, LLC |
| Advisor | AXS Investments LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | IMST Distributors, LLC |
| Portfolio Manager | Andrew Rodriguez |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 101 |
| Market Maker | Latour Trading |
| Total Expense | 0.76 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 21.29 |
| Name | Change Finance Diversified Imp US Large Cap Fossil Fuel Free |
| Currency Code | USD |
| Open Figi | BBG0166P2CR5 |
| In Threey Volatility | 18.59 |
| 1y Volatility | 13.8 |
| 200 Day M A | 36.6675 |
| 50 Day M A | 38.7887 |
| Code | CHGX |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
Change Finance Diversified [CHGX] is traded in USA and was established 2017-10-09. The fund is listed under Large Blend category and is part of AXS family. The entity is thematically classified as Strategy ETFs. Change Finance Diver currently have 92.99 M in assets under management (AUM). , while the total return for the last 3 years was 6.6%.
Check Change Finance 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 Change Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Change 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 Change Finance Diversified 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.
Top Change Finance Diversified Etf Constituents
| PYPL | PayPal Holdings | Stock | Financials | |
| CVS | CVS Health Corp | Stock | Health Care | |
| CPB | Campbell Soup | Stock | Consumer Staples | |
| KLAC | KLA Tencor | Stock | Information Technology | |
| ITW | Illinois Tool Works | Stock | Industrials | |
| RL | Ralph Lauren Corp | Stock | Consumer Discretionary | |
| NTAP | NetApp Inc | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
Change Finance Diver 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 Change Finance. 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 | 0.1111 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) |
Change Finance Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Change Finance Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Change Finance Diver is measured differently than its book value, which is the value of Change that is recorded on the company's balance sheet. Investors also form their own opinion of Change Finance's value that differs from its market value or its book value, called intrinsic value, which is Change Finance'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 Change Finance's market value can be influenced by many factors that don't directly affect Change Finance'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 Change Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Change Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Change Finance'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.