Roundhill Etf Trust Etf Profile
| KNGS Etf | USD 28.70 0.05 0.17% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Roundhill ETF is selling for under 28.70 as of the 30th of November 2024; that is 0.17 percent down since the beginning of the trading day. The etf's lowest day price was 28.7. Roundhill ETF has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Roundhill ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund generally invests in securities that Upholdings believes have the potential to compound at a higher rate than the SP 500 Index over multi-year periods. Upholdings Compound is traded on BATS Exchange in the United States. More on Roundhill ETF Trust
Moving against Roundhill Etf
Roundhill Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Large Growth, Upholdings (View all Sectors) |
| Issuer | Roundhill Investments |
| Inception Date | 2023-11-02 |
| Benchmark | S&P Dividend Monarchs Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Roundhill Financial Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Flow Traders |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 18.05 |
| Name | Roundhill ETF Trust |
| Currency Code | USD |
| Open Figi | BBG00YJ7MZ34 |
| 1y Volatility | 27.35 |
| 200 Day M A | 28.2477 |
| 50 Day M A | 28.9698 |
| Code | KNGS |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Roundhill ETF Trust [KNGS] is traded in USA and was established 2020-12-29. The fund is listed under Large Growth category and is part of Upholdings family. The entity is thematically classified as Strategy ETFs. Roundhill ETF Trust now have 7.12 M in assets. , while the total return for the last year was 12.1%.
Check Roundhill ETF 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 Roundhill Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Roundhill 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 Roundhill ETF Trust 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 Roundhill ETF Trust Etf Constituents
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| TSLX | Sixth Street Specialty | Stock | Financials | |
| TCEHY | Tencent Holdings Ltd | Pink Sheet | Internet Content & Information | |
| SPOT | Spotify Technology SA | Stock | Communication Services | |
| SBUX | Starbucks | Stock | Consumer Discretionary | |
| PINS | Stock | Communication Services | ||
| NOW | ServiceNow | Stock | Information Technology | |
| NFLX | Netflix | Stock | Communication Services |
Roundhill ETF Trust 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 Roundhill ETF. 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 | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.48) |
Roundhill ETF Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Roundhill ETF Trust. 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Roundhill ETF Trust is measured differently than its book value, which is the value of Roundhill that is recorded on the company's balance sheet. Investors also form their own opinion of Roundhill ETF's value that differs from its market value or its book value, called intrinsic value, which is Roundhill ETF'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 Roundhill ETF's market value can be influenced by many factors that don't directly affect Roundhill ETF'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 Roundhill ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roundhill ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roundhill ETF'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.