The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Momentum Index. The fund invests at least 80% of its net assets in common stock of the long positions in the underlying index and sell short at least 80% of the short positions in the underlying index. The index is a long/short market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.
Inception Date: 07/09/2011
Primary Benchmark: DJ US Thematic Market Neut Momen TR USD
Primary Index: BBgBarc US Agg Bond TR USD
Gross Expense Ratio: 7.77%
Management Expense Ratio: 1.88 %
|ADN:CA||Acadian Timber Corp||0.37 %|
|LAD||Lithia Motors, Inc||0.29 %|
|NVR||NVR, Inc||0.29 %|
|GNRC||Generac Holdings Inc||0.28 %|
|CHTR||Charter Communications, Inc||0.28 %|
|ALLE||Allegion plc||0.28 %|
|GRMN||Garmin Ltd||0.28 %|
|TPX||Tempur Sealy International, Inc||0.27 %|
|AAN||Aaron's, Inc||0.27 %|
|DESC||Xtrackers Russell 2000 Compreh..||0.30 %||
|LEND||Amplify CrowdBureau(R) Peer-to..||0.00 %||
|FXA||Invesco CurrencyShares Austral..||0.00 %||
|FNCL||Fidelity MSCI Financials Index..||0.08 %||
|XLE||Energy Select Sector SPDR Fund||0.13 %||
|SCIU||Global X Scientific Beta US ET..||0.19 %||
|DGP||DB Gold Double Long ETN||0.75 %||
|WBIC||WBI BullBear Yield 2000 ETF||1.06 %||
|CNRG||SPDR Kensho Clean Power ETF||0.00 %||
|MLPI||UBS ETRACS Alerian MLP Infrast..||0.00 %||
|Market Performance vs.
|Market Performance vs. Exchange|
|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)||10.37%||50%||F||69%||D+|
|Risk Adjusted Return||-2.93%||22%||F||24%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|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.
There is nothing we particularly like
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 total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
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.
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.