Two Roads Shared Etf Profile

SQEW Etf  USD 36.55  0.17  0.47%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Two Roads is selling for under 36.55 as of the 30th of November 2024; that is 0.47 percent increase since the beginning of the trading day. The etf's lowest day price was 36.55. Two Roads has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Two Roads Shared are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively managed exchange traded fund that normally invests at least 80 percent of its net assets, including any borrowings for investment purposes, in equity securities. Leadershares Equity is traded on NYSEARCA Exchange in the United States. More on Two Roads Shared

Moving together with Two Etf

  0.97VO Vanguard Mid CapPairCorr
  0.97VXF Vanguard Extended MarketPairCorr
  0.99IJH iShares Core SPPairCorr
  0.98IWR iShares Russell MidPairCorr
  0.99MDY SPDR SP MIDCAPPairCorr
  0.96FV First Trust DorseyPairCorr

Moving against Two Etf

  0.82VIIX VIIXPairCorr
  0.8ULE ProShares Ultra EuroPairCorr
  0.77YCL ProShares Ultra YenPairCorr
  0.75FXY Invesco CurrencySharesPairCorr

Two Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Broad Equity ETFs, Mid-Cap Blend, LeaderShares (View all Sectors)
IssuerRedwood Investment Management
Inception Date2020-05-12
Entity TypeRegulated Investment Company
Asset Under Management105.87 Million
Asset TypeEquity
CategoryBroad Equity
FocusStrategy
Market ConcentrationBlended Development
RegionGlobal
AdministratorUltimus Fund Solutions, LLC
AdvisorRedwood Investment Management, LLC
CustodianBrown Brothers Harriman & Co.
DistributorNorthern Lights Distributors, LLC
Portfolio ManagerMichael T. Messinger, Richard M. Duff, Michael T. Cheung
Transfer AgentUltimus Fund Solutions, LLC
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents6.0
Market MakerVirtu Financial
Total Expense0.75
Management Fee0.75
Country NameUSA
Returns Y T D16.55
NameTwo Roads Shared Trust - LeaderShares Equity Skew ETF
Currency CodeUSD
Open FigiBBG00TSFR093
In Threey Volatility17.6
1y Volatility12.72
200 Day M A32.9431
50 Day M A34.6026
CodeSQEW
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.15)
TypeETF
Two Roads Shared [SQEW] is traded in USA and was established 2020-05-12. The fund is listed under Mid-Cap Blend category and is part of LeaderShares family. The entity is thematically classified as Strategy ETFs. Two Roads Shared at this time have 115.22 M in assets. , while the total return for the last 3 years was 2.8%.
Check Two Roads 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 Two Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Two 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 Two Roads Shared 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 Two Roads Shared Etf Constituents

MSFTMicrosoftStockInformation Technology
XOMExxon Mobil CorpStockEnergy
WMTWalmartStockConsumer Staples
VVisa Class AStockFinancials
UNHUnitedHealth Group IncorporatedStockHealth Care
SPYVSPDR Portfolio SPEtfLarge Value
SPYGSPDR Portfolio SPEtfLarge Growth
SPEMSPDR Portfolio EmergingEtfDiversified Emerging Mkts
More Details

Two Roads Top Holders

RWSNXRedwood Systematic MacroMutual FundTactical Allocation
RWSIXRedwood Systematic MacroMutual FundTactical Allocation
More Details

Two Roads Shared 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 Two Roads. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Two Roads Against Markets

When determining whether Two Roads Shared is a strong investment it is important to analyze Two Roads' 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 Two Roads' future performance. For an informed investment choice regarding Two Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Two Roads Shared. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of Two Roads Shared is measured differently than its book value, which is the value of Two that is recorded on the company's balance sheet. Investors also form their own opinion of Two Roads' value that differs from its market value or its book value, called intrinsic value, which is Two Roads' 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 Two Roads' market value can be influenced by many factors that don't directly affect Two Roads' 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 Two Roads' value and its price as these two are different measures arrived at by different means. Investors typically determine if Two Roads is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Two Roads' 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.