MOM:ARCA-QuantShares U.S. Market Neutral Momentum Fund

ETF | Market Neutral | NYSE Arca

Last Closing Price

USD 23.27

Change

0.00 (0.00)%

Market Cap

USD 4.65M

Volume

683.00

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

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 sells short at least 80% of the short positions in the underlying index. The index is a 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 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-04-20 )

Largest Industry Peers for Market Neutral

Symbol Name Mer Price(Change) Market Cap
MNA IQ Merger Arbitrage 0.76 %

N/A

USD 0.99B
BTAL AGFiQ U.S. Market Neutral Anti.. 0.00 %

N/A

USD 0.04B
QMN IQ Hedge Market Neutral Tracke.. 0.76 %

N/A

USD 0.02B
RALS ProShares RAFI Long Short 0.95 %

N/A

USD 9.19M
QED IQ Hedge Event-Driven Tracker 0.76 %

N/A

USD 4.23M
SIZ AGFiQ U.S. Market Neutral Size.. 1.71 %

N/A

USD 1.88M
CHEP AGFiQ U.S. Market Neutral Valu.. 1.12 %

N/A

USD 1.08M

ETFs Containing MOM

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Market Neutral)
Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.85% 13% F 7% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.85% 13% F 7% F
Trailing 12 Months  
Capital Gain -10.43% 25% F 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.43% 25% F 22% F
Trailing 5 Years  
Capital Gain -5.60% 57% F 39% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.60% 57% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain 0.73% 63% D 51% F
Dividend Return 0.73% 63% D 29% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 11.10% 13% F 63% D
Risk Adjusted Return 6.59% 50% F 28% F
Market Capitalization 2.26M 50% F 6% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

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.

What to like:

There is nothing we particularly like

What to not like:
Low market capitalization

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.

Poor risk adjusted returns

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.

High volatility

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.