The investment seeks investment results that correspond (before fees and expenses) generally to the performance of the Dorsey Wright US Sector Momentum Index (the "underlying index"). As a principal investment strategy the fund will normally invest at least 80% of its total assets in component equity securities that comprise its underlying index and depositary receipts based on the securities in the underlying index. The underlying index is a rules-based index intended to track the overall performance of the stocks with the highest relative strength or "momentum" within the NASDAQ US Large Mid Cap Index on a sector-by-sector basis. The fund is non-diversified.
Inception Date: 09/01/2017
Primary Benchmark: Dorsey Wright US Sector Momentum TR USD
Management Expense Ratio: 0.40 %
|SRPT||Sarepta Therapeutics Inc.||2.29 %|
|TDG||Transdigm Group Incorporated Inc.||2.23 %|
|MPC||Marathon Petroleum Corporation||2.21 %|
|SHW||Sherwin-Williams Company (The)||2.21 %|
|VFC||V.F. Corporation||2.20 %|
|ORLY||O'Reilly Automotive Inc.||2.18 %|
|BDX||Becton Dickinson and Company||2.17 %|
|AMT||American Tower Corporation (REIT)||2.16 %|
|ROP||Roper Technologies Inc.||2.14 %|
|LMT||Lockheed Martin Corporation||2.12 %|
|QQQ||Invesco QQQ Trust Series 1||0.20 %||
|IUSG||iShares Core S&P U.S. Growth E..||0.05 %||
|VONG||Vanguard Russell 1000 Growth I..||0.12 %||
|ONEQ||Fidelity Nasdaq Composite Inde..||0.21 %||
|FTC||First Trust Large Cap Growth A..||0.62 %||
|QQEW||First Trust NASDAQ-100 Equal W..||0.60 %||
|QQXT||First Trust NASDAQ-100 Ex-Tech..||0.60 %||
|CACG||ClearBridge All Cap Growth ETF||0.53 %||
|PSET||Principal Price Setters Index ..||0.40 %||
|MILN||Global X Millennials Thematic ..||0.54 %||
|Market Performance vs.
Industry/Classification (Large Growth)
|Market Performance vs. Exchange (NASDAQ Global Market)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||8.38%||92%||A-||90%||A-|
|Risk Adjusted Return||74.79%||25%||F||73%||C|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.