Freedom Day Dividend Etf Profile
| MBOX Etf | USD 35.15 0.00 0.00% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Freedom Day is trading at 35.15 as of the 28th of November 2024; that is No Change since the beginning of the trading day. The etf's open price was 35.148. Freedom Day has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Freedom Day Dividend 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 is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities that the Sub-Adviser believes have the potential to provide rising dividend income streams to the fund over time. Freedom Day is traded on NYSEARCA Exchange in the United States.. More on Freedom Day Dividend
Moving together with Freedom Etf
| 0.87 | VTV | Vanguard Value Index Sell-off Trend | PairCorr |
| 0.83 | VYM | Vanguard High Dividend | PairCorr |
| 0.86 | IWD | iShares Russell 1000 | PairCorr |
| 0.84 | DGRO | iShares Core Dividend Sell-off Trend | PairCorr |
| 0.86 | IVE | iShares SP 500 | PairCorr |
| 0.82 | DVY | iShares Select Dividend | PairCorr |
Moving against Freedom Etf
Freedom Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Large Value, Alpha Architect (View all Sectors) |
| Issuer | Alpha Architect |
| Inception Date | 2021-05-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 126.09 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Empowered Funds, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Ryan Krueger, Brandon Koepke |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 50.0 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.39 |
| Management Fee | 0.39 |
| Country Name | USA |
| Returns Y T D | 24.48 |
| Name | Freedom Day Dividend ETF |
| Currency Code | USD |
| Open Figi | BBG010JBD1M2 |
| In Threey Volatility | 15.89 |
| 1y Volatility | 12.45 |
| 200 Day M A | 32.4014 |
| 50 Day M A | 33.9863 |
| Code | MBOX |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.48 |
| Type | ETF |
Freedom Day Dividend [MBOX] is traded in USA and was established 2021-05-04. The fund is listed under Large Value category and is part of Alpha Architect family. The entity is thematically classified as Strategy ETFs. Freedom Day Dividend now have 42.75 M in assets. , while the total return for the last 3 years was 13.0%.
Check Freedom Day 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 Freedom Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Freedom 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 Freedom Day Dividend 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 Freedom Day Dividend Etf Constituents
| CMCSA | Comcast Corp | Stock | Communication Services | |
| EOG | EOG Resources | Stock | Energy | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| LHX | L3Harris Technologies | Stock | Industrials | |
| LLY | Eli Lilly and | Stock | Health Care | |
| LMT | Lockheed Martin | Stock | Industrials | |
| PEP | PepsiCo | Stock | Consumer Staples |
Freedom Day Dividend 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 Freedom Day. 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 | 0.0661 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.08) |
Freedom Day Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Freedom Day Dividend. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of Freedom Day Dividend is measured differently than its book value, which is the value of Freedom that is recorded on the company's balance sheet. Investors also form their own opinion of Freedom Day's value that differs from its market value or its book value, called intrinsic value, which is Freedom Day'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 Freedom Day's market value can be influenced by many factors that don't directly affect Freedom Day'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 Freedom Day's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freedom Day is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freedom Day'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.