Exchange Listed is trading at 82.69 as of the 28th of November 2024; that is 0.17 percent down since the beginning of the trading day. The etf's open price was 82.83. Exchange Listed has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Exchange Listed Funds 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.
Under normal market conditions, the fund invests substantially all, and at least 95 percent of its total assets in the securities comprising the index. Syntax Stratified is traded on NYSEARCA Exchange in the United States. More on Exchange Listed Funds
Andrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper
Transfer Agent
Brown Brothers Harriman & Co.
Fiscal Year End
31-Dec
Exchange
NYSE Arca, Inc.
Number of Constituents
506
Market Maker
GTS
Total Expense
0.45
Management Fee
0.45
Country Name
USA
Returns Y T D
19.83
Name
Exchange Listed Funds Trust
Currency Code
USD
Open Figi
BBG00MK213D2
In Threey Volatility
17.2
1y Volatility
12.27
200 Day M A
76.5784
50 Day M A
79.5892
Code
SSPY
Updated At
27th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.23
Exchange Listed Funds [SSPY] is traded in USA and was established 2019-01-02. The fund is listed under Large Value category and is part of Syntax family. The entity is thematically classified as Size And Style ETFs. Exchange Listed Funds at this time have 92.56 M in assets. , while the total return for the last 3 years was 8.9%.
Check Exchange Listed 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 Exchange Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Exchange 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 Exchange Listed Funds 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.
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 Listed. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Exchange Listed Funds offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Exchange Listed's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Exchange Listed Funds Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Exchange Listed Funds Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Exchange Listed Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Exchange Listed Funds 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 Listed's value that differs from its market value or its book value, called intrinsic value, which is Exchange Listed'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 Listed's market value can be influenced by many factors that don't directly affect Exchange Listed'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 Listed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exchange Listed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exchange Listed'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.