Vegtech Plant Based Innovation Etf Profile
| EATV Etf | USD 17.57 0.01 0.06% |
Performance4 of 100
| Odds Of DistressLess than 9
|
VegTech Plant is selling for under 17.57 as of the 28th of November 2024; that is 0.06 percent increase since the beginning of the trading day. The etf's lowest day price was 17.57. VegTech Plant has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for VegTech Plant based Innovation 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 will invest under normal circumstances at least 80 percent of its net assets in the securities of plant-based innovation companies or companies making a positive impact on climate change matters . Vegtech Plant-Based is traded on NYSEARCA Exchange in the United States. More on VegTech Plant based Innovation
VegTech Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Consumer Defensive, VegTech ETF (View all Sectors) |
| Issuer | VegTech |
| Inception Date | 2021-12-28 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 6.05 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | VegTech LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Sasha Goodman, Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 40.0 |
| Market Maker | Citadel |
| Total Expense | 0.76 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 8.95 |
| Name | VegTech Plant-based Innovation Climate ETF |
| Currency Code | USD |
| Open Figi | BBG0148Q0352 |
| 1y Volatility | 19.4 |
| 200 Day M A | 16.8518 |
| 50 Day M A | 17.4045 |
| Code | EATV |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
VegTech Plant based Innovation [EATV] is traded in USA and was established 2021-12-28. The fund is listed under Consumer Defensive category and is part of VegTech ETF family. The entity is thematically classified as Strategy ETFs. VegTech Plant based currently have 4.41 M in assets under management (AUM). , while the total return for the last year was 14.4%.
Check VegTech Plant 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 VegTech Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VegTech 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 VegTech Plant based Innovation 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.
VegTech Plant based Currency Exposure
VegTech Plant based Innovation 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 VegTech Plant 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 VegTech Plant based Innovation.
Top VegTech Plant based Innovation Etf Constituents
| CROX | Crocs Inc | Stock | Consumer Discretionary | |
| LMNR | Limoneira Co | Stock | Consumer Staples | |
| NSIS-B | Novonesis AS | Stock | DK Stock | |
| DOLE | Dole PLC | Stock | Consumer Staples | |
| MNST | Monster Beverage Corp | Stock | Consumer Staples | |
| TATE | Tate Lyle PLC | Stock | Consumer Staples | |
| ELF | ELF Beauty | Stock | Consumer Staples | |
| OTLY | Oatly Group AB | Stock | Consumer Staples |
VegTech Plant based 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 VegTech Plant. 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 | 0.0532 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) |
VegTech Plant Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VegTech Plant based Innovation. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of VegTech Plant based is measured differently than its book value, which is the value of VegTech that is recorded on the company's balance sheet. Investors also form their own opinion of VegTech Plant's value that differs from its market value or its book value, called intrinsic value, which is VegTech Plant'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 VegTech Plant's market value can be influenced by many factors that don't directly affect VegTech Plant'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 VegTech Plant's value and its price as these two are different measures arrived at by different means. Investors typically determine if VegTech Plant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VegTech Plant'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.