Alps Disruptive Technologies Etf Profile
| DTEC Etf | USD 39.15 0.18 0.46% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ALPS Disruptive is trading at 39.15 as of the 19th of April 2024, a -0.46 percent decrease since the beginning of the trading day. The etf's open price was 39.33. ALPS Disruptive has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ALPS Disruptive Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in securities that comprise the underlying index. Alps Disruptive is traded on NYSEARCA Exchange in the United States. More on ALPS Disruptive Technologies
Moving together with ALPS Etf
| 0.82 | VGT | Vanguard Information | PairCorr |
| 0.75 | XLK | Technology Select Sector | PairCorr |
| 0.66 | IYW | iShares Technology ETF | PairCorr |
| 0.68 | SOXX | iShares Semiconductor ETF | PairCorr |
| 0.71 | CIBR | First Trust NASDAQ | PairCorr |
| 0.83 | FTEC | Fidelity MSCI Information | PairCorr |
ALPS Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ALPS Disruptive's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALPS Disruptive or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Artificial Intelligence, Strategy ETFs, Theme ETFs, Technology, ALPS, Business Services (View all Sectors) |
| Issuer | ALPS |
| Inception Date | 2017-12-29 |
| Benchmark | Indxx Disruptive Technologies Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 93.95 Million |
| Average Trading Valume | 5,234.3 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | ALPS Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Portfolio Solutions Distributor, Inc. |
| Portfolio Manager | Ryan Mischker, Andrew Hicks |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 99.0 |
| Market Maker | GTS |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (5.08) |
| Name | ALPS Disruptive Technologies ETF |
| Currency Code | USD |
| Open Figi | BBG00JM9V4M7 |
| In Threey Volatility | 22.93 |
| 1y Volatility | 24.25 |
| 200 Day M A | 38.8072 |
| 50 Day M A | 41.5187 |
| Code | DTEC |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
ALPS Disruptive Technologies [DTEC] is traded in USA and was established 2017-12-28. The fund is listed under Technology category and is part of ALPS family. The entity is thematically classified as Artificial Intelligence. ALPS Disruptive Tech currently have 113.62 M in assets under management (AUM). , while the total return for the last 3 years was -5.9%.
Check ALPS Disruptive Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ALPS Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ALPS Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ALPS Disruptive Technologies Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
ALPS Disruptive Tech Currency Exposure
ALPS Disruptive Technologies holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of ALPS Disruptive will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in ALPS Disruptive Technologies.
Top ALPS Disruptive Technologies Etf Constituents
| NOW | ServiceNow | Stock | Information Technology |
| DT | Dynatrace Holdings LLC | Stock | Information Technology |
| ADT | ADT Inc | Stock | Consumer Discretionary |
| SPGI | SP Global | Stock | Financials |
| XJNGF | Xinjiang Goldwind Science | Pink Sheet | Specialty Industrial Machinery |
| ST | Sensata Technologies Holding | Stock | Industrials |
| AXP | American Express | Stock | Financials |
ALPS Disruptive Target Price Odds Analysis
What are ALPS Disruptive's target price odds to finish over the current price? Based on a normal probability distribution, the odds of ALPS Disruptive jumping above the current price in 90 days from now is close to 99%. The ALPS Disruptive Technologies probability density function shows the probability of ALPS Disruptive etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.3021 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ALPS Disruptive will likely underperform. Additionally, aLPS Disruptive Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of ALPS Disruptive to move above the current price in 90 days from now is close to 99 (This ALPS Disruptive Technologies probability density function shows the probability of ALPS Etf to fall within a particular range of prices over 90 days) .
ALPS Disruptive Tech Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALPS Disruptive market risk premium is the additional return an investor will receive from holding ALPS Disruptive long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ALPS Disruptive. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ALPS Disruptive's alpha and beta are two of the key measurements used to evaluate ALPS Disruptive's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.04) |
ALPS Disruptive Against Markets
Picking the right benchmark for ALPS Disruptive etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ALPS Disruptive etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ALPS Disruptive is critical whether you are bullish or bearish towards ALPS Disruptive Technologies at a given time. Please also check how ALPS Disruptive's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ALPS Disruptive without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy ALPS Etf?
Before investing in ALPS Disruptive, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ALPS Disruptive. To buy ALPS Disruptive etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ALPS Disruptive. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ALPS Disruptive etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ALPS Disruptive Technologies etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ALPS Disruptive Technologies etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ALPS Disruptive Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ALPS Etf please use our How to Invest in ALPS Disruptive guide.
Already Invested in ALPS Disruptive Technologies?
The danger of trading ALPS Disruptive Technologies is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ALPS Disruptive is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ALPS Disruptive. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALPS Disruptive Tech is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ALPS Disruptive Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ALPS Disruptive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alps Disruptive Technologies Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Alps Disruptive Technologies Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ALPS Disruptive Technologies. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the ALPS Disruptive Tech information on this page should be used as a complementary analysis to other ALPS Disruptive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of ALPS Disruptive Tech is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Disruptive's value that differs from its market value or its book value, called intrinsic value, which is ALPS Disruptive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ALPS Disruptive's market value can be influenced by many factors that don't directly affect ALPS Disruptive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ALPS Disruptive's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Disruptive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Disruptive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.