Riverfront Dynamic Dividend Etf Profile
| RFDA Etf | USD 48.52 0.28 0.57% |
Performance5 of 100
| Odds Of DistressLess than 9
|
RiverFront Dynamic is trading at 48.52 as of the 18th of April 2024, a -0.57 percent decrease since the beginning of the trading day. The etf's open price was 48.8. RiverFront Dynamic has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for RiverFront Dynamic Dividend are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The fund invests at least 65 percent of its net assets in a portfolio of equity securities of publicly traded U.S. companies with the potential for dividend income. Riverfront is traded on NYSEARCA Exchange in the United States. More on RiverFront Dynamic Dividend
Moving together with RiverFront Etf
| 0.93 | VTI | Vanguard Total Stock | PairCorr |
| 0.9 | SPY | SPDR SP 500 | PairCorr |
| 0.93 | IVV | iShares Core SP | PairCorr |
| 0.85 | VIG | Vanguard Dividend | PairCorr |
| 0.89 | VV | Vanguard Large Cap | PairCorr |
| 0.92 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
| 0.93 | IWB | iShares Russell 1000 | PairCorr |
RiverFront 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. RiverFront Dynamic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RiverFront Dynamic 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 | Strategy ETFs, Broad Equity ETFs, Large Blend, ALPS (View all Sectors) |
| Issuer | ALPS |
| Inception Date | 2016-06-07 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 73.08 Million |
| Average Trading Valume | 2,026.1 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | ALPS Advisors, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Portfolio Solutions Distributor, Inc. |
| Portfolio Manager | Adam Grossman, Chris Konstantinos, Scott Hays, Rebecca Felton |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 74.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.52 |
| Management Fee | 0.52 |
| Country Name | USA |
| Returns Y T D | 2.5 |
| Name | RiverFront Dynamic US Dividend Advantage ETF |
| Currency Code | USD |
| Open Figi | BBG00D1TW4Q4 |
| In Threey Volatility | 16.73 |
| 1y Volatility | 13.75 |
| 200 Day M A | 46.5929 |
| 50 Day M A | 49.096 |
| Code | RFDA |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
RiverFront Dynamic Dividend [RFDA] is traded in USA and was established 2016-06-06. The fund is listed under Large Blend category and is part of ALPS family. The entity is thematically classified as Strategy ETFs. RiverFront Dynamic at this time have 92.4 M in assets. , while the total return for the last 3 years was 7.3%.
Check RiverFront Dynamic 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 RiverFront Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding RiverFront 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 RiverFront Dynamic Dividend 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.
Top RiverFront Dynamic Dividend Etf Constituents
| AMAT | Applied Materials | Stock | Information Technology |
| FB | Meta Platforms | Stock | Internet Content & Information |
| BA | The Boeing | Stock | Industrials |
| INTC | Intel | Stock | Information Technology |
| ORCL | Oracle | Stock | Information Technology |
| CVX | Chevron Corp | Stock | Energy |
| PG | Procter Gamble | Stock | Consumer Staples |
RiverFront Dynamic Target Price Odds Analysis
What are RiverFront Dynamic's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of RiverFront Dynamic jumping above the current price in 90 days from now is about 52.14%. The RiverFront Dynamic Dividend probability density function shows the probability of RiverFront Dynamic 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 1.0282 indicating RiverFront Dynamic Dividend market returns are sensitive to returns on the market. As the market goes up or down, RiverFront Dynamic is expected to follow. Additionally, riverFront Dynamic Dividend 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 RiverFront Dynamic to move above the current price in 90 days from now is about 52.14 (This RiverFront Dynamic Dividend probability density function shows the probability of RiverFront Etf to fall within a particular range of prices over 90 days) .
RiverFront Dynamic Top Holders
| RLGCX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| RLIIX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| RLGAX | Riverfront Dynamic Equity | Mutual Fund | Allocation--50% to 70% Equity |
| RAGIX | Riverfront Asset Allocation | Mutual Fund | Allocation--50% to 70% Equity |
RiverFront Dynamic Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. RiverFront Dynamic market risk premium is the additional return an investor will receive from holding RiverFront Dynamic 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 RiverFront Dynamic. 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 RiverFront Dynamic's alpha and beta are two of the key measurements used to evaluate RiverFront Dynamic's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0401 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) |
RiverFront Dynamic Against Markets
Picking the right benchmark for RiverFront Dynamic 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 RiverFront Dynamic 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 RiverFront Dynamic is critical whether you are bullish or bearish towards RiverFront Dynamic Dividend at a given time. Please also check how RiverFront Dynamic'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 RiverFront Dynamic 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 RiverFront Etf?
Before investing in RiverFront Dynamic, 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 RiverFront Dynamic. To buy RiverFront Dynamic etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of RiverFront Dynamic. 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 RiverFront Dynamic etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located RiverFront Dynamic Dividend 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 RiverFront Dynamic Dividend 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 RiverFront Dynamic Dividend, 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 RiverFront Etf please use our How to Invest in RiverFront Dynamic guide.
Already Invested in RiverFront Dynamic Dividend?
The danger of trading RiverFront Dynamic Dividend 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 RiverFront Dynamic 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 RiverFront Dynamic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RiverFront Dynamic 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 RiverFront Dynamic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RiverFront Dynamic'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 Riverfront Dynamic Dividend Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Riverfront Dynamic Dividend Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RiverFront Dynamic Dividend. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the RiverFront Dynamic information on this page should be used as a complementary analysis to other RiverFront Dynamic'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 Transaction History module to view history of all your transactions and understand their impact on performance.
The market value of RiverFront Dynamic is measured differently than its book value, which is the value of RiverFront that is recorded on the company's balance sheet. Investors also form their own opinion of RiverFront Dynamic's value that differs from its market value or its book value, called intrinsic value, which is RiverFront Dynamic'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 RiverFront Dynamic's market value can be influenced by many factors that don't directly affect RiverFront Dynamic'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 RiverFront Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if RiverFront Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RiverFront Dynamic'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.