Cabana Target Leading Etf Profile

CLSM Etf  USD 21.30  0.09  0.42%   


16 of 100


Odds Of Distress

Less than 9

Cabana Target is selling at 21.30 as of the 15th of July 2024; that is 0.42 percent increase since the beginning of the trading day. The etf's lowest day price was 21.28. Cabana Target has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Cabana Target Leading are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of June 2024 and ending today, the 15th of July 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective primarily by allocating its assets among ETFs that invest in securities of companies in the various sectors of the U.S. market communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities. More on Cabana Target Leading

Moving together with Cabana Etf

  0.95AOR iShares Core GrowthPairCorr
  0.89GDMA Alpha Architect GdsdnPairCorr
  0.95TUG STF Tactical GrowthPairCorr
  0.96OCIO ClearShares OCIO ETFPairCorr
  0.95MFUL Collaborative InvestmentPairCorr

Cabana Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTarget Outcome ETFs, Asset Allocation ETFs, Moderate Allocation, Cabana (View all Sectors)
IssuerExchange Traded Concepts
Inception Date2021-07-12
Entity TypeRegulated Investment Company
Asset Under Management177.51 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
AdministratorThe Bank of New York Mellon Corporation
AdvisorExchange Traded Concepts, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerG. Chadd Mason, Andrew Serowik, Todd Alberico, Gabriel Tan
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
Number of Constituents6.0
Market MakerVirtu Financial
Total Expense0.9
Management Fee0.8
Country NameUSA
Returns Y T D4.09
NameCabana Target Leading Sector Moderate ETF
Currency CodeUSD
Open FigiBBG011RJLCJ5
1y Volatility9.22
200 Day M A20.1618
50 Day M A20.5263
Updated At14th of July 2024
Currency NameUS Dollar
Cabana Target Leading [CLSM] is traded in USA and was established 2021-07-12. The fund is listed under Moderate Allocation category and is part of Cabana family. The entity is thematically classified as Target Outcome ETFs. Cabana Target Leading currently have 34.72 M in assets under management (AUM). , while the total return for the last 3 years was -3.4%.
Check Cabana Target Probability Of Bankruptcy

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 Cabana Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Cabana 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 Cabana Target Leading 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.

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Cabana Target Leading Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Cabana Target market risk premium is the additional return an investor will receive from holding Cabana Target 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 Cabana Target. 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 Cabana Target's alpha and beta are two of the key measurements used to evaluate Cabana Target's performance over the market, the standard measures of volatility play an important role as well.

Cabana Target Against Markets

Additional Information and Resources on Investing in Cabana Etf

When determining whether Cabana Target Leading is a strong investment it is important to analyze Cabana Target's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cabana Target's future performance. For an informed investment choice regarding Cabana Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cabana Target Leading. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Cabana Target Leading is measured differently than its book value, which is the value of Cabana that is recorded on the company's balance sheet. Investors also form their own opinion of Cabana Target's value that differs from its market value or its book value, called intrinsic value, which is Cabana Target'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 Cabana Target's market value can be influenced by many factors that don't directly affect Cabana Target'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 Cabana Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cabana Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cabana Target'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.