Absolute Select Value ETF (ABEQ)
28.94
+0.24 (+0.83%)
USD |
NYSEARCA |
Jan 31, 16:00
28.71
-0.23 (-0.79%)
Pre-Market: 20:00
Price Chart
Key Stats
Customize
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.85% | -0.11% | 91.04M | 14378.60 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 1.15% | 23.00% | 33.03M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks positive absolute returns. The fund's investment sub-adviser (the "Subadviser"), seeks to achieve it's objective by investing primarily in equity securities of U.S. companies that the Subadviser believes are priced at a substantial discount to the Subadviser's estimate of fair value. The fund may invest in companies of any market capitalization and in any economic sector, including equity securities of foreign companies that trade on U.S. exchanges, either directly or through American Depositary Receipts ("ADRs"). It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Value |
| Category Index | Russell 1000 Value TR USD |
| Global Category Name | US Equity Large Cap Value |
| YCharts Categorization | US Large Cap Value |
| YCharts Benchmark | Russell 1000 Value Total Return (^RLVTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Absolute Investment Advisers |
| Prospectus Benchmark Index | |
| Russell 1000 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Robert Mark | 2.95 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
--
--
Category Low
--
Category High
1 Year
% Rank:
22
33.03M
-6.374B
Category Low
15.56B
Category High
3 Months
% Rank:
--
--
Category Low
--
Category High
3 Years
% Rank:
--
--
Category Low
--
Category High
6 Months
% Rank:
--
--
Category Low
--
Category High
5 Years
% Rank:
--
--
Category Low
--
Category High
YTD
% Rank:
--
--
Category Low
--
Category High
10 Years
% Rank:
--
--
Category Low
--
Category High
As of December 31, 2022
Performance Versus Category
As of January 31, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of January 31, 2023.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Berkshire Hathaway Inc Class B | 8.76% | 311.52 | 1.36% |
| Agnico Eagle Mines Ltd | 6.19% | 75.14 | 0.24% |
| DuPont de Nemours Inc | 5.55% | 73.95 | 1.79% |
| Loews Corp | 5.54% | 61.48 | 1.75% |
| Merck & Co Inc | 4.89% | 107.41 | 1.24% |
| Unilever PLC ADR | 4.59% | 51.10 | 1.73% |
| Enbridge Inc | 4.43% | 54.48 | 0.39% |
| Barrick Gold Corp | 3.99% | 26.02 | -0.15% |
| Corteva Inc | 3.92% | 64.45 | 3.07% |
| The Travelers Companies Inc | 3.63% | 191.12 | 1.71% |
News
Headline
Wire
Time (ET)
Basic Info
| Investment Strategy | |
| The investment seeks positive absolute returns. The fund's investment sub-adviser (the "Subadviser"), seeks to achieve it's objective by investing primarily in equity securities of U.S. companies that the Subadviser believes are priced at a substantial discount to the Subadviser's estimate of fair value. The fund may invest in companies of any market capitalization and in any economic sector, including equity securities of foreign companies that trade on U.S. exchanges, either directly or through American Depositary Receipts ("ADRs"). It is non-diversified. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Large Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | US Equity |
| Broad Category | Equity |
| Category Name | Large Value |
| Category Index | Russell 1000 Value TR USD |
| Global Category Name | US Equity Large Cap Value |
| YCharts Categorization | US Large Cap Value |
| YCharts Benchmark | Russell 1000 Value Total Return (^RLVTR) |
| Prospectus Objective | Growth |
| Fund Owner Firm Name | Absolute Investment Advisers |
| Prospectus Benchmark Index | |
| Russell 1000 TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
| Manager Tenure | |
| Robert Mark | 2.95 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (1-31-23) | 1.15% |
| 30-Day SEC Yield (1-3-23) | Upgrade |
| 7-Day SEC Yield | -- |
| Number of Holdings | Upgrade |
| Stock | |
| Weighted Average PE Ratio | 18.78 |
| Weighted Average Price to Sales Ratio | Upgrade |
| Weighted Average Price to Book Ratio | Upgrade |
| Weighted Median ROE | Upgrade |
| Weighted Median ROA | Upgrade |
| Forecasted Dividend Yield | Upgrade |
| Forecasted PE Ratio | Upgrade |
| Forecasted Price to Sales Ratio | Upgrade |
| Forecasted Price to Book Ratio | Upgrade |
| Bond | |
| Current Yield | 0.26% |
| Yield to Maturity | -- |
| Effective Duration | -- |
| Average Coupon | -- |
| Average Credit Score | -- |
| Average Price | -- |
As of January 27, 2023
Risk Info
Fund Details
| Key Dates | |
| Inception Date | 1/21/2020 |
| Last Annual Report Date | 3/31/2022 |
| Last Prospectus Date | 7/29/2022 |
| Attributes | |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund | No |
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan | No |
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)