Tidal Etf Trust Etf Profile
| UPAR Etf | USD 14.14 0.02 0.14% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Tidal ETF is selling at 14.14 as of the 8th of November 2024; that is 0.14 percent down since the beginning of the trading day. The etf's lowest day price was 14.05. Tidal ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Tidal ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of August 2024 and ending today, the 8th of November 2024. Click here to learn more.
The fund is an actively-managed ETF that seeks to replicate the returns of the Advanced Research Ultra Risk Parity Index . Tidle Upar is traded on NYSEARCA Exchange in the United States. More on Tidal ETF Trust
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Tidal Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Absolute Returns ETFs, Global Macro ETFs, Moderate Allocation, Evoke (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2022-01-03 |
| Benchmark | Advanced Research Ultra Risk Parity Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 79.69 Million |
| Asset Type | Multi Asset |
| Category | Global Macro |
| Focus | Absolute Returns |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Michael Venuto, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 105 |
| Market Maker | Jane Street |
| Total Expense | 0.67 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 6.02 |
| Name | Tidal ETF Trust |
| Currency Code | USD |
| Open Figi | BBG014BVNK36 |
| 1y Volatility | 17.75 |
| 200 Day M A | 13.7953 |
| 50 Day M A | 14.4219 |
| Code | UPAR |
| Updated At | 8th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Tidal ETF Trust [UPAR] is traded in USA and was established 2022-01-03. The fund is listed under Moderate Allocation category and is part of Evoke family. The entity is thematically classified as Absolute Returns ETFs. Tidal ETF Trust at this time have 37.57 M in net assets. , while the total return for the last year was 20.1%.
Check Tidal ETF 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 Tidal Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Tidal 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 Tidal ETF Trust 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.
Tidal ETF Trust Currency Exposure
Tidal ETF Trust 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 Tidal ETF 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 Tidal ETF Trust.
Top Tidal ETF Trust Etf Constituents
| ANTO | Antofagasta PLC | Stock | Materials | |
| AWK | American Water Works | Stock | Utilities | |
| CTVA | Corteva | Stock | Materials | |
| NTR | Nutrien | Stock | Materials | |
| EC | Ecopetrol SA ADR | Stock | Energy | |
| SQM | Sociedad Quimica y | Stock | Materials | |
| CVE | Cenovus Energy | Stock | Energy | |
| VIE | Veolia Environnement VE | Stock | Utilities |
Tidal ETF Trust Risk Profiles
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 Tidal ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0629 | |||
| Jensen Alpha | 0.0296 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.11) |
Tidal ETF Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tidal ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Tidal ETF Trust is measured differently than its book value, which is the value of Tidal that is recorded on the company's balance sheet. Investors also form their own opinion of Tidal ETF's value that differs from its market value or its book value, called intrinsic value, which is Tidal ETF'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 Tidal ETF's market value can be influenced by many factors that don't directly affect Tidal ETF'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 Tidal ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tidal ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tidal ETF'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.