The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the FactSet Innovative Technology Index. The index is designed to represent the performance of U.S.-listed stock and American Depository Receipts of Technology companies and Technology-related companies within the most innovative segments of the Technology sector and Electronic Media sub-sector of the Media sector, as defined by FactSet Research Systems, Inc. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. It is non-diversified.
Inception Date: 13/01/2016
Primary Benchmark: FactSet Innovative Technology NR USD
Primary Index: MSCI ACWI NR USD
Gross Expense Ratio: 0.46%
Management Expense Ratio: 0.45 %
|VGT||Vanguard Information Tech||0.10 %||
|XLK||SPDR Select Sector Fund - Tech..||0.13 %||
|FDN||First Trust DJ Internet Index ..||0.53 %||
|IYW||iShares U.S. Technology||0.43 %||
|BKC||REX BKCM||0.00 %||
|IXN||iShares Global Tech||0.47 %||
|FTEC||Fidelity MSCI Information Tech..||0.08 %||
|FXL||First Trust Technology AlphaDE..||0.63 %||
|RYT||Invesco S&P 500 Equal Weight T..||0.40 %||
|HACK||ETFMG Prime Cyber Security||0.60 %||
|Market Performance vs.
|Market Performance vs. Exchange (NYSE Arca)|
|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)||15.80%||34%||F||47%||F|
|Risk Adjusted Return||122.37%||69%||D+||93%||A|
|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.
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 has under performed its peers on annual average total returns in the past 5 years.