Acruence Active Hedge U.S. Equity ETF
|
- Description
- Performance
- Comps
- Fundamentals
- Valuation
- Rating
XVOL is an actively managed fund that seeks capital growth with reduced volatility as compared to the S&P 500 by purchasing options contracts on the VIX Index. |
Category | US Equities |
Fund Sponsor | Toroso Investments |
Website | www.acruenceetf.com |
Inception date | Apr 22, 2021 |
Assets (mns) | $7 |
Currency | USD |
Expense ratio | 83 bp |
Distributions | Annually |
Regulation | Open-Ended Fund |
Custodian | |
Weighting | Proprietary |
Index replication | |
Uses derivatives | Yes |
Options available | Yes |
No. of constituents | 46 |
Wgt avg mkt cap (mns) | $131,843 |
Large cap (>$10bn) | 95.2% |
Mid cap ($2-10bn) | 4.8% |
Small cap (<$2bn) | 0.0% |
Developed mkts | 100.0% |
Emerging mkts | 0.0% |
CASH & OTHER | 5.1 % |
EXXON MOBIL CORP | 4.7 % |
INTL FLAVORS & FRAGRANCES | 4.5 % |
BUILDERS FIRSTSOURCE INC | 3.4 % |
QUANTA SERVICES INC | 3.3 % |
PNC FINANCIAL SERVICES GROUP | 3.1 % |
PRUDENTIAL FINANCIAL INC | 3.0 % |
VERTIV HOLDINGS CO. CLASS A | 2.9 % |
S&P GLOBAL, INC. | 2.9 % |
GOLDMAN SACHS GROUP INC | 2.8 % | Total | 35.7 % |
---|
UNITED STATES | 93.7 % | |
BRITAIN | 1.1 % |
HISTORICAL PERFORMANCE
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
0.0% | 5.0% | -- | -- | -1.7% |
versus... | Beta | R-squared |
S&P500 | 0.94 | 98% |
MSCI EAFE | 0.87 | 79% |
MSCI Emg. Mkts. | 0.61 | 41% |
Recent close | $19.79 |
30d moving avg. | $17.68 |
Annualized volatility | 17.2% |
Short interest (ETF) | 1.3% |
Relative strength (RSI) | 72 |
Avg. volume (thou.) | 31 |
Turnover | 8.9% |
Bid/Ask (% of price) | 1.08% |
ADV underlying (mns) | $66,607 |
FINDING ALTERNATIVE FUNDS
Below is a list of 35 potential alternatives to the Acruence Active Hedge U.S. Equity ETF ETF based on the alternatives' overlap in portfolio holdings with XVOL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | XVOL | Expense: | 83 bp | ALTAR Score™: | 4.9% |
Ticker | Fund Name |
Overlap1 vs XVOL (%) |
Expense ratio (bp) |
Savings vs XVOL (bp) |
ALTAR Score™ (%) |
ALTAR vs XVOL (%) |
STLG | iShares Factors US Growth Style ETF | 15.9 | 25 | 58 | 5.6 | +0.7 |
SIXH | ETC 6 Meridian Hedged Equity Index Option ETF | 13.5 | 82 | 1 | 5.8 | +0.9 |
ACIO | Aptus Collared Investment Opportunity ETF | 12.8 | 79 | 4 | 4.3 | -0.6 |
XYLD | Global X S&P 500 Covered Call ETF | 11.9 | 60 | 23 | 4.8 | -0.1 |
PBP | Invesco S&P 500 BuyWrite ETF | 11.8 | 49 | 34 | 4.9 | -0.0 |
XRMI | Global X S&P 500 Risk Managed Income ETF | 11.8 | 60 | 23 | 4.8 | -0.1 |
XYLG | Global X S&P 500 Covered Call & Growth ETF | 11.8 | 60 | 23 | 4.7 | -0.2 |
XTR | Global X S&P 500 Tail Risk ETF | 11.7 | 26 | 57 | 5.0 | +0.2 |
XCLR | Global X S&P 500 Collar 95-110 ETF | 11.6 | 25 | 58 | 5.1 | +0.2 |
SFLR | Innovator Equity Managed Floor ETF | 10.3 | 89 | -6 | 4.2 | -0.7 |
FTQI | First Trust Nasdaq BuyWrite Income ETF | 10.3 | 75 | 8 | 4.1 | -0.8 |
FTHI | First Trust BuyWrite Income ETF | 10.2 | 75 | 8 | 5.5 | +0.6 |
KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 9.8 | 75 | 8 | 5.8 | +0.9 |
QYLE | Global X Nasdaq 100 ESG Covered Call ETF | 9.5 | 60 | 23 | 4.3 | -0.6 |
JEPQ | J.P. Morgan Nasdaq Equity Premium Income ETF | 9.4 | 35 | 48 | 4.4 | -0.5 |
QYLD | Global X NASDAQ 100 Covered Call ETF | 9.1 | 60 | 23 | 4.2 | -0.7 |
QRMI | Global X NASDAQ 100 Risk Managed Income ETF | 9.1 | 60 | 23 | 4.2 | -0.7 |
QYLG | Global X Nasdaq 100 Covered Call & Growth ETF | 9.1 | 60 | 23 | 4.2 | -0.7 |
NUSI | Nationwide Nasdaq-100 Risk-Managed Income ETF | 9.1 | 68 | 15 | 4.1 | -0.8 |
QTR | Global X NASDAQ 100 Tail Risk ETF | 9.1 | 26 | 57 | 4.5 | -0.4 |
QCLR | Global X NASDAQ 100 Collar 95-110 ETF | 9.1 | 25 | 58 | 4.5 | -0.4 |
QQQA | ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 9.0 | 58 | 25 | 2.4 | -2.5 |
XYLE | Global X S&P 500 ESG Covered Call ETF | 8.6 | 60 | 23 | 4.9 | -0.0 |
EFIV | SPDR S&P 500 ESG ETF | 8.5 | 10 | 73 | 5.2 | +0.3 |
THNQ | ROBO Global Artificial Intelligence ETF | 8.5 | 68 | 15 | 1.7 | -3.2 |
DIVO | Amplify CWP Enhanced Dividend Income ETF | 8.4 | 55 | 28 | 5.6 | +0.7 |
TYLG | Global X Information Technology Covered Call & Growth ETF | 8.2 | 60 | 23 | 4.4 | -0.5 |
MMLG | First Trust Multi-Manager Large Growth ETF | 7.2 | 85 | -2 | 2.0 | -2.9 |
DYLG | Global X Dow 30 Covered Call & Growth ETF | 6.5 | 60 | 23 | 5.3 | +0.4 |
DJIA | Global X Dow 30 Covered Call ETF | 6.5 | 60 | 23 | 5.4 | +0.5 |
CCOR | Core Alternative ETF | 5.5 | 107 | -24 | 5.3 | +0.4 |
FYLG | Global X Financials Covered Call & Growth ETF | 4.8 | 60 | 23 | 5.5 | +0.6 |
LCG | Sterling Capital Focus Equity ETF | 4.2 | 59 | 24 | 3.1 | -1.8 |
HYLG | Global X Health Care Covered Call & Growth ETF | 1.8 | 60 | 23 | 6.4 | +1.5 |
RYLD | Global X Russell 2000 Covered Call ETF | 0.1 | 60 | 23 | 3.3 | -1.6 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
Content on this tab for subscribers only**
RESULTS & ESTIMATES
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | |
---|---|---|---|---|---|---|---|
Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share | ** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
Content on this tab for subscribers only
VALUATION METRICS
2023 | 2024E | 2025E | |
---|---|---|---|
Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Acruence Active Hedge U.S. Equity ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
UNDERWEIGHT |
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals. |
ALTAR Score™
|
MODERN PORTFOLIO THEORY
|
CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
|