Tidal Trust Ii Etf Profile
| LLYX Etf | 19.22 0.13 0.67% |
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Tidal Trust is trading at 19.22 as of the 28th of November 2024; that is 0.67 percent decrease since the beginning of the trading day. The etf's open price was 19.35. Tidal Trust has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Tidal Trust II 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.
IPO Date 8th of August 2024 |
Tidal Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Single Stock ETFs (View all Sectors) |
| Issuer | Defiance ETFs |
| Inception Date | 2024-08-07 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 16.89 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Tidal Investments LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Qiao Duan, Christopher Mullen |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 8.0 |
| Market Maker | Susquehanna |
| Total Expense | 1.29 |
| Management Fee | 1.29 |
| Name | Tidal Trust II |
| Currency Code | USD |
| Code | LLYX |
| Country Name | USA |
| Open Figi | BBG01NJF6M81 |
| Updated At | 15th of August 2024 |
| Currency Name | US Dollar |
| Type | Common Stock |
| I P O Date | 8th of August 2024 |
| Is Delisted | false |
Tidal Trust II [LLYX] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund now have in assets.
Check Tidal Trust Probability Of Bankruptcy
Tidal Trust II 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 Tidal Trust. 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 | (0.11) | |||
| Jensen Alpha | (0.68) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (0.71) |
Tidal Trust Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Tidal Trust II. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Tidal Trust II is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal Trust's value that differs from its market value or its book value, called intrinsic value, which is Tidal Trust'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 Tidal Trust's market value can be influenced by many factors that don't directly affect Tidal Trust'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 Tidal Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal Trust'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.