Etf Series Solutions Etf Profile
| MSMR Etf | USD 26.64 0.26 0.97% |
Performance8 of 100
| Odds Of DistressLess than 9
|
ETF Series is selling at 26.64 as of the 16th of April 2024; that is -0.97 percent decrease since the beginning of the trading day. The etf's lowest day price was 26.64. ETF Series has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for ETF Series Solutions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of March 2024 and ending today, the 16th of April 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that employs proprietary trend-based and sector rotation strategies developed by the funds investment sub-adviser. ETF Series is traded on BATS Exchange in the United States. More on ETF Series Solutions
Moving together with ETF Etf
| 0.96 | AOR | iShares Core Growth | PairCorr |
| 0.91 | GDMA | Alpha Architect Gdsdn | PairCorr |
| 0.92 | TUG | STF Tactical Growth | PairCorr |
| 0.69 | RAAX | VanEck Inflation All | PairCorr |
| 0.98 | OCIO | ClearShares OCIO ETF | PairCorr |
| 0.86 | MFUL | Collaborative Investment | PairCorr |
| 0.9 | MPRO | Northern Lights | PairCorr |
Moving against ETF Etf
| 0.85 | RRH | Advocate Capital Man | PairCorr |
ETF 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. ETF Series' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ETF Series 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 | Asset Allocation ETFs, Target Outcome ETFs, Moderate Allocation, APTUS ETFs (View all Sectors) |
| Issuer | Aptus Capital Advisors |
| Inception Date | 2021-11-16 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 48.53 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Aptus Capital Advisors, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Bruce Fraser, Grant Morris |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 6.0 |
| Market Maker | Wolverine Trading |
| Total Expense | 0.99 |
| Management Fee | 0.84 |
| Country Name | USA |
| Returns Y T D | 4.73 |
| Name | ETF Series Solutions - McElhenny Sheffield Managed Risk ETF |
| Currency Code | USD |
| Open Figi | BBG013KK8S96 |
| 1y Volatility | 12.25 |
| 200 Day M A | 25.3144 |
| 50 Day M A | 27.1225 |
| Code | MSMR |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
| Type | ETF |
ETF Series Solutions [MSMR] is traded in USA and was established 2021-11-16. The fund is listed under Moderate Allocation category and is part of APTUS ETFs family. The entity is thematically classified as Asset Allocation ETFs. ETF Series Solutions now have 31.23 M in assets. , while the total return for the last year was 21.6%.
Check ETF Series Probability Of Bankruptcy
Top ETF Series Solutions Etf Constituents
| ITOT | iShares Core SP | Etf | MX Etf |
| QQQM | Invesco NASDAQ 100 | Etf | Large Growth |
| FNCL | Fidelity MSCI Financials | Etf | Financial |
| XLI | The Select Sector | Etf | MX Etf |
ETF Series Target Price Odds Analysis
In regard to a normal probability distribution, the odds of ETF Series jumping above the current price in 90 days from now is about 60.59%. The ETF Series Solutions probability density function shows the probability of ETF Series etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ETF Series has a beta of 0.9911. This indicates ETF Series Solutions market returns are sensible to returns on the market. As the market goes up or down, ETF Series is expected to follow. Additionally, eTF Series Solutions has an alpha of 0.0118, implying that it can generate a 0.0118 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ETF Series to move above the current price in 90 days from now is about 60.59 (This ETF Series Solutions probability density function shows the probability of ETF Etf to fall within a particular range of prices over 90 days) .
ETF Series Solutions Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ETF Series market risk premium is the additional return an investor will receive from holding ETF Series 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 ETF Series. 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 ETF Series' alpha and beta are two of the key measurements used to evaluate ETF Series' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0616 | |||
| Jensen Alpha | 0.0118 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0156 |
ETF Series Against Markets
Picking the right benchmark for ETF Series 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 ETF Series 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 ETF Series is critical whether you are bullish or bearish towards ETF Series Solutions at a given time. Please also check how ETF Series' 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 ETF Series 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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| All Next | Launch Module |
How to buy ETF Etf?
Before investing in ETF Series, 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 ETF Series. To buy ETF Series etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ETF Series. 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 ETF Series etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ETF Series Solutions 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 ETF Series Solutions 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 ETF Series Solutions, 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 ETF Etf please use our How to Invest in ETF Series guide.
Already Invested in ETF Series Solutions?
The danger of trading ETF Series Solutions 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 ETF Series 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 ETF Series. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ETF Series Solutions 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 ETF Series Solutions is a strong investment it is important to analyze ETF Series' 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 ETF Series' future performance. For an informed investment choice regarding ETF Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in ETF Series Solutions. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of ETF Series Solutions is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Series' value that differs from its market value or its book value, called intrinsic value, which is ETF Series' 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 ETF Series' market value can be influenced by many factors that don't directly affect ETF Series' 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 ETF Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Series' 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.