Exchange Traded Concepts Etf Profile

OFOS Etf   24.35  0.05  0.21%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
Exchange Traded is selling for under 24.35 as of the 28th of November 2024; that is 0.21 percent up since the beginning of the trading day. The etf's lowest day price was 24.35. Exchange Traded 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 Exchange Traded Concepts 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.
Exchange Traded is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Exchange Traded Concepts

Moving together with Exchange Etf

  0.63OIH VanEck Oil ServicesPairCorr

Moving against Exchange Etf

  0.35NVDL GraniteShares 15x LongPairCorr
  0.35NVDX T Rex 2XPairCorr
  0.35NVDU Direxion Daily NVDAPairCorr
  0.31DAPP VanEck Digital TransPairCorr

Exchange Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationSector ETFs, Energy ETFs, Equity Energy (View all Sectors)
IssuerExchange Traded Concepts
Inception Date2024-01-23
BenchmarkRange Global Offshore Oil Services Index
Entity TypeRegulated Investment Company
Asset Under Management2.18 Million
Asset TypeEquity
CategorySector
FocusEnergy
Market ConcentrationBlended Development
RegionGlobal ex-China & Russia
AdministratorSEI Investments Global Funds Services
AdvisorExchange Traded Concepts, LLC
CustodianBrown Brothers Harriman & Co.
DistributorSEI Investments Distribution Co.
Portfolio ManagerAndrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents34.0
Market MakerGTS
Total Expense0.85
Management Fee0.85
200 Day M A26.9622
Country NameUSA
50 Day M A24.6447
CodeOFOS
Updated At27th of November 2024
NameExchange Traded Concepts Trust
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01KN6FS43
TypeETF
Exchange Traded Concepts [OFOS] is traded in USA and was established null. The fund is listed under Equity Energy. The entity is thematically classified as Sector ETFs. Exchange Traded Concepts now have in assets.
Check Exchange Traded Probability Of Bankruptcy

Geographic Allocation (%)

Exchange Traded Concepts Currency Exposure

Exchange Traded Concepts 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 Exchange Traded 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 Exchange Traded Concepts.

Top Exchange Traded Concepts Etf Constituents

SOFFSolstad OffshoStockEnergy
FTITechnipFMC PLCStockEnergy
HLXHelix Energy SolutionsStockEnergy
SLBSchlumberger NVStockEnergy
BORRBorr DrillingStockOil & Gas Drilling
SHLFShelf DrillingStockOil & Gas Drilling
RIGTransoceanStockEnergy
VALValarisStockEnergy
More Details

Exchange Traded Concepts 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 Exchange Traded. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Exchange Traded Against Markets

When determining whether Exchange Traded Concepts is a strong investment it is important to analyze Exchange Traded's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Exchange Traded's future performance. For an informed investment choice regarding Exchange Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Exchange Traded Concepts. 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Exchange Traded Concepts is measured differently than its book value, which is the value of Exchange that is recorded on the company's balance sheet. Investors also form their own opinion of Exchange Traded's value that differs from its market value or its book value, called intrinsic value, which is Exchange Traded'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 Exchange Traded's market value can be influenced by many factors that don't directly affect Exchange Traded'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 Exchange Traded's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Traded is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Traded'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.