Esoterica Nextg Economy Etf Profile
| WUGI Etf | USD 74.08 0.24 0.32% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Esoterica NextG is trading at 74.08 as of the 28th of November 2024. This is a 0.32 percent decrease since the beginning of the trading day. The etf's open price was 74.32. Esoterica NextG 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 Esoterica NextG Economy 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 ETF that will invest, under normal circumstances, at least 80 percent of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. More on Esoterica NextG Economy
Moving together with Esoterica Etf
| 0.94 | VGT | Vanguard Information | PairCorr |
| 0.95 | XLK | Technology Select Sector | PairCorr |
| 0.95 | IYW | iShares Technology ETF | PairCorr |
| 0.89 | SMH | VanEck Semiconductor ETF | PairCorr |
| 0.9 | CIBR | First Trust NASDAQ | PairCorr |
Moving against Esoterica Etf
Esoterica Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, Esoterica Capital (View all Sectors) |
| Issuer | AXS Investments |
| Inception Date | 2020-03-30 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 31.69 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | UMB Fund Services, Inc., Mutual Fund Administration, LLC |
| Advisor | AXS Investments LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | IMST Distributors, LLC |
| Portfolio Manager | Parker Binion, Travis Trampe, Qindong Liu, Yang Ren |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 31.0 |
| Market Maker | Citadel |
| Total Expense | 0.76 |
| Management Fee | 0.7 |
| Country Name | USA |
| Returns Y T D | 44.96 |
| Name | Esoterica NextG Economy ETF |
| Currency Code | USD |
| Open Figi | BBG01C29F496 |
| In Threey Volatility | 29.13 |
| 1y Volatility | 19.09 |
| 200 Day M A | 66.4541 |
| 50 Day M A | 72.7379 |
| Code | WUGI |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.14 |
| Type | ETF |
Esoterica NextG Economy [WUGI] is traded in USA and was established 2020-03-31. The fund is listed under Technology category and is part of Esoterica Capital family. The entity is thematically classified as Strategy ETFs. Esoterica NextG Economy at this time have 16.46 M in net assets. , while the total return for the last 3 years was 4.1%.
Check Esoterica NextG 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 Esoterica Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Esoterica 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 Esoterica NextG Economy 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.
Esoterica NextG Economy Currency Exposure
Esoterica NextG Economy 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 Esoterica NextG 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 Esoterica NextG Economy.
Top Esoterica NextG Economy Etf Constituents
| AMD | Advanced Micro Devices | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| BILI | Bilibili | Stock | Communication Services | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| MDB | MongoDB | Stock | Information Technology | |
| MRVL | Marvell Technology Group | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology |
Esoterica NextG Economy 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 Esoterica NextG. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.63 |
Esoterica NextG Economy Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Esoterica NextG Economy Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Esoterica NextG price patterns.
Esoterica NextG Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Esoterica NextG Economy. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Esoterica NextG Economy is measured differently than its book value, which is the value of Esoterica that is recorded on the company's balance sheet. Investors also form their own opinion of Esoterica NextG's value that differs from its market value or its book value, called intrinsic value, which is Esoterica NextG'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 Esoterica NextG's market value can be influenced by many factors that don't directly affect Esoterica NextG'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 Esoterica NextG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Esoterica NextG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Esoterica NextG'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.