Etf Opportunities Trust Etf Profile
| WLTG Etf | USD 30.28 0.15 0.49% |
Performance11 of 100
| Odds Of DistressLess than 9
|
ETF Opportunities is trading at 30.28 as of the 28th of November 2024. This is a 0.49 percent down since the beginning of the trading day. The etf's lowest day price was 30.26. ETF Opportunities 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 ETF Opportunities Trust 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 funds investment strategy is based on the belief that long term superior performance of a portfolio is driven by two factors 1 tactical allocation is accomplished by identifying positive trends for asset classes, sectors, and industries and 2 equity stock selection is based on quantitative analysis with an emphasis on earnings. More on ETF Opportunities Trust
Moving together with ETF Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.99 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.99 | IVV | iShares Core SP | PairCorr |
| 0.93 | VIG | Vanguard Dividend | PairCorr |
| 0.99 | VV | Vanguard Large Cap | PairCorr |
| 0.96 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
Moving against ETF Etf
ETF Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Large Blend, WealthTrust Asset Management (View all Sectors) |
| Issuer | WealthTrust Asset Management |
| Inception Date | 2021-12-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 35.74 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Commonwealth Fund Services, Inc. |
| Advisor | WealthTrust Asset Management, LLC |
| Custodian | Citibank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | John McHugh |
| Transfer Agent | Citi Fund Services Ohio, Inc. |
| Fiscal Year End | 31-Jul |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 38.0 |
| Market Maker | GTS |
| Total Expense | 0.77 |
| Management Fee | 0.67 |
| Country Name | USA |
| Returns Y T D | 31.59 |
| Name | ETF Opportunities Trust |
| Currency Code | USD |
| Open Figi | BBG013XZYTJ7 |
| 1y Volatility | 10.7 |
| 200 Day M A | 27.2285 |
| 50 Day M A | 29.384 |
| Code | WLTG |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
ETF Opportunities Trust [WLTG] is traded in USA and was established 2021-12-06. The fund is listed under Large Blend category and is part of WealthTrust Asset Management family. The entity is thematically classified as Target Outcome ETFs. ETF Opportunities Trust at this time have 10.29 M in net assets. , while the total return for the last year was 36.2%.
Check ETF Opportunities 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 ETF Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ETF 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 ETF Opportunities Trust 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 ETF Opportunities Trust Etf Constituents
| IBKR | Interactive Brokers Group | Stock | Financials | |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care | |
| IWB | iShares Russell 1000 | Etf | Large Blend | |
| ARM | Arm Holdings plc | Stock | Information Technology | |
| RTX | Raytheon Technologies Corp | Stock | Industrials | |
| SYF | Synchrony Financial | Stock | Financials | |
| PHM | PulteGroup | Stock | Consumer Discretionary | |
| AVGO | Broadcom | Stock | Information Technology |
ETF Opportunities Trust 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 ETF Opportunities. 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 | 0.1208 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) |
ETF Opportunities Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ETF Opportunities Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of ETF Opportunities Trust is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 ETF Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 ETF Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Opportunities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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.