ALFA:ARCA-AlphaClone Alternative Alpha

ETF | Others | NYSE Arca

Last Closing

USD 54.94

Change

-0.16 (-0.29)%

Market Cap

USD 0.16B

Volume

500.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Downside Hedged Index. The fund uses a "passive" or "indexing" investment approach to track the AlphaClone Hedge Fund Downside Hedged Index (the "index"). The index utilizes a proprietary, quantitative Clone Score methodology developed by AlphaClone, Inc. (the "index provider") to replicate the U.S. equity securities favored as investments by hedge funds and institutional investors. At least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Inception Date: 31/05/2012

Primary Benchmark: AlphaClone Hedge Fund Masters TR USD

Primary Index: S&P 500 TR USD

Gross Expense Ratio: 2.19%

Management Expense Ratio: 0.65 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-10-16 )

Largest Industry Peers for Others

ETFs Containing ALFA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 28.42% 87% B+ 88% B+
Dividend Return N/A N/A N/A N/A F
Total Return 28.42% 87% B+ 88% B+
Trailing 12 Months  
Capital Gain 28.42% 87% B+ 88% B+
Dividend Return N/A N/A N/A N/A F
Total Return 28.42% 87% B+ 88% B+
Trailing 5 Years  
Capital Gain 47.37% 76% C+ 74% C
Dividend Return 0.01% 3% F 3% F
Total Return 47.38% 74% C 71% C-
Average Annual (5 Year Horizon)  
Capital Gain 2.36% 58% F 58% F
Dividend Return 2.36% 39% F 40% F
Total Return 0.00% 3% F 3% F
Risk Return Profile  
Volatility (Standard Deviation) 15.10% 13% F 15% F
Risk Adjusted Return 15.64% 24% F 25% F
Market Capitalization 0.16B 9% A- 11% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.