ETFis Series Competition

Etfs . USA . 
Etf . ETFis Series Trust
PFFR Etf  USD 19.08  0.09  0.47%   
ETFis Series Trust competes with ETF Series, Morningstar Unconstrained, High-yield Municipal, Thrivent High, and Via Renewables; as well as few others. Analyzing ETFis Series competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of ETFis Series to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out ETFis Series Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of ETFis Series competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
18.6319.0819.53
Details
Intrinsic
Valuation
LowRealHigh
18.6819.1319.58
Details
Naive
Forecast
LowNextHigh
18.4318.8919.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
18.9719.0519.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ETFis Series. Your research has to be compared to or analyzed against ETFis Series' peers to derive any actionable benefits. When done correctly, ETFis Series' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ETFis Series Trust.

ETFis Series Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between ETFis Series and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of ETFis and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of ETFis Series Trust does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
JRBEX
+ 0.99
RRTLX
JRBEX
+ 0.83
MSTSX
RRTLX
+ 0.81
MSTSX
OSHDF
+ 0.78
VIASP
MSTSX
+ 0.75
MSTQ
RRTLX
+ 0.72
LBHIX
  
High negative correlations   
OSHDF
- 1.0
SCAXF
VIASP
- 0.78
SCAXF
SCAXF
- 0.26
MSTQ
SCAXF
- 0.24
LBHIX
VIASP
- 0.21
ABHYX
VIASP
- 0.13
MSTSX

ETFis Series Constituents Risk-Adjusted Indicators

There is a big difference between ETFis Etf performing well and ETFis Series ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze ETFis Series' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MSTQ  0.74 (0.06)(0.06) 0.05  1.10 
(0.73)
 1.54 
(2.40)
 4.71 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
MSTSX  0.50 (0.04)(0.13) 0.06  0.52 
(0.61)
 1.21 
(1.02)
 2.80 
ABHYX  0.16  0.00 (0.25) 0.05  0.26 
(0.24)
 0.34 
(0.33)
 1.91 
LBHIX  0.11  0.02 (0.41) 2.96  0.00 
(0.29)
 0.24 
(0.24)
 0.96 
SCAXF  0.70 (0.41) 0.00 (0.99) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.72  0.00 (0.02) 0.00  1.05 
(0.80)
 2.28 
(1.15)
 7.18 
RRTLX  0.24  0.00 (0.33) 0.37  0.26 
(0.27)
 0.56 
(0.56)
 1.37 
OSHDF  39.65  22.65  0.00 (0.96) 0.00 
 0.00 
 0.00 
 0.00 
 1,329 
JRBEX  0.36  0.01 (0.24)(2.97) 0.42 
(0.40)
 0.79 
(0.86)
 2.14 
All Fundamental Data

ETFis Series Competitive Analysis

The better you understand ETFis Series competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, ETFis Series' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across ETFis Series' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PFFR MSTQ AQUI MSTSX ABHYX LBHIX SCAXF VIASP RRTLX OSHDF
 0.47 
 19.08 
ETFis
 0.18 
 33.51 
ETF
 0.00 
 0.01 
Aquagold
 0.43 
 11.73 
Morningstar
 0.11 
 8.95 
High-yield
 0.24 
 4.25 
Thrivent
 23.47 
 0.01 
Sparta
 0.54 
 22.46 
Via
 0.24 
 12.57 
RRTLX
 1,329 
 0.01 
Oshidori
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Out of control
Market Performance
(90 Days Performance)
OK
Insignificant
Very Weak
Insignificant
Insignificant
Good
Very Weak
OK
Insignificant
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Average
Low
Low
Low
Low
Average
Low
Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Buy
Buy
Strong Sell
Strong Buy
Strong Hold
Strong Sell
Strong Sell
Strong Hold
Hold
Strong Sell
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
0.62
3.49
N/A
N/A
Net Asset
57.02 M
5.18 M
3.19 K
116.1 M
672.37 M
674.44 M
3.06 M
355.28 M
1.46 B
6.31 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.1
0.0094
N/A
N/A
EBITDA
N/A
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
33.09 M
N/A
(3.49 B)
Current Valuation
N/A
N/A
912.76 K
N/A
N/A
N/A
5.73 M
535.95 M
N/A
103.84 M
Price To Book
N/A
N/A
N/A
N/A
N/A
1.58
34.42
N/A
2.13
0.005
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
-0.15
-0.14
N/A
1.04
Five Year Return
1.6
N/A
N/A
8.6
1.68
3.31
N/A
8.97
0.0406
N/A
Retained Earnings
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
18.6
24.9
N/A
19.87
12.1
11.68
N/A
N/A
0.067
N/A
Beta
1.59
N/A
7.05
N/A
N/A
N/A
1.75
1.16
N/A
0.67
Equity Positions Weight
N/A
102.66
N/A
61.63
N/A
0.07
N/A
N/A
38.52
N/A
Number Of Employees
509
N/A
7
1
1
1
8
169
1
31
Cash Position Weight
N/A
N/A
N/A
14.28
0.1
6.56
N/A
N/A
7.22
N/A
Shares Outstanding
N/A
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
N/A
6.11 B
Three Year Return
0.1
N/A
N/A
7.0
-0.71
2.59
N/A
N/A
0.0491
N/A
Cash Flow From Operations
N/A
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
12.7 M
N/A
499.26 M
Annual Yield
N/A
N/A
N/A
0.021
0.0041
0.0617
N/A
0.0972
0.0211
N/A
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
125 K
135 M
N/A
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.017
N/A
-0.5
Bond Positions Weight
N/A
N/A
N/A
22.72
2.0
92.23
N/A
N/A
14.43
N/A
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
-5.5
N/A
N/A
N/A
-0.21
-0.11
N/A
-0.46
Book Value Per Share
N/A
N/A
-1.18
N/A
N/A
N/A
-0.002
3.66
N/A
0.89
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
57.02 M
5.18 M
3.19 K
215.11 M
243.16 M
347.66 M
3.06 M
355.28 M
1.03 B
6.31 B
Last Dividend Paid
0.12
N/A
N/A
N/A
0.03
0.02
N/A
0.73
0.14
N/A
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
101.0
0.69
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.84
Market Capitalization
N/A
N/A
96.58 K
50.36 M
N/A
N/A
7.72 M
N/A
N/A
233.49 M
Price To Earning
N/A
N/A
-0.22
N/A
N/A
35.48
19.55
26.83
18.25
N/A
Price To Sales
N/A
N/A
N/A
N/A
N/A
1.23
0.63
N/A
1.57
N/A
Net Income
N/A
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
5.2 M
N/A
(3.15 B)
Earnings Per Share
N/A
N/A
-0.63
N/A
N/A
N/A
-0.003
1.17
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
N/A
30.28
Year To Date Return
N/A
N/A
N/A
13.69
5.77
6.69
N/A
N/A
-0.0211
N/A
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
5.19 M
393.49 M
N/A
(3.1 B)
Working Capital
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
4.84
6.0
N/A
N/A
5.76
N/A
Cash And Equivalents
N/A
N/A
1.15 K
N/A
N/A
N/A
909.32 K
51.31 M
N/A
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.23
N/A
N/A
Gross Profit
N/A
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
74.67 M
N/A
(4.09 B)
Day Typical Price
19.13
33.52
0.006
11.73
8.95
4.25
0.015
22.4
12.57
0.01
Accumulation Distribution
0.0171
0.0021
N/A
N/A
N/A
N/A
N/A
0.0085
N/A
N/A
Market Facilitation Index
0.33
0.07
N/A
N/A
N/A
N/A
N/A
0.19
N/A
N/A
Daily Balance Of Power
0.2727
0.8571
0.0
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.6316
(9,223,372,036,855)
9.2 T
Period Momentum Indicator
0.09
0.06
N/A
0.05
(0.01)
0.01
(0)
0.12
(0.03)
0.0093
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
0.77
1.01
1.0
14.29
Day Median Price
19.16
33.53
0.006
11.73
8.95
4.25
0.015
22.37
12.57
0.01
Price Action Indicator
(0.03)
0.015
N/A
0.025
(0.01)
0.005
(0)
0.16
(0.01)
0.0046
Relative Strength Index
57.6
64.2
N/A
13.35
50.42
11.7
N/A
67.94
29.21
N/A
Coefficient Of Variation
922.33
1880.42
N/A
1372.45
2326.43
583.8
(812.40)
1077.04
2073.35
812.4
Mean Deviation
0.3445
0.74
N/A
0.4952
0.1645
0.1099
0.7004
0.7202
0.2405
39.65
Jensen Alpha
0.0118
(0.06)
N/A
(0.04)
(0)
0.0182
(0.41)
N/A
0.0034
22.65
Total Risk Alpha
(0.03)
(0.12)
N/A
(0.06)
(0.04)
(0.01)
(0.82)
(0.08)
(0.04)
(5.63)
Sortino Ratio
(0.16)
(0.06)
N/A
(0.13)
(0.25)
(0.41)
N/A
(0.02)
(0.33)
N/A
Downside Variance
0.2535
1.45
N/A
0.4204
0.2181
0.0625
N/A
1.57
0.1206
N/A
Standard Deviation
0.4561
1.02
N/A
0.6394
0.2862
0.1689
2.89
1.14
0.3112
163.54
Kurtosis
1.01
0.9586
N/A
(0)
8.65
3.69
66.0
5.9
(0.02)
66.0
Potential Upside
0.7459
1.54
N/A
1.21
0.3382
0.2381
N/A
2.28
0.5564
N/A
Treynor Ratio
0.1726
0.0518
N/A
0.0585
0.0513
2.96
(0.99)
N/A
0.374
(0.96)
Maximum Drawdown
2.63
4.71
N/A
2.8
1.91
0.9552
23.47
7.18
1.37
1328.57
Variance
0.208
1.04
N/A
0.4088
0.0819
0.0285
8.35
1.31
0.0969
26743.97
Market Risk Adjusted Performance
0.1826
0.0618
N/A
0.0685
0.0613
2.97
(0.98)
N/A
0.384
(0.95)
Risk Adjusted Performance
0.0763
0.0433
N/A
0.0539
0.0162
0.096
(0.09)
0.0745
0.0223
0.1044
Skewness
(0.28)
(0.67)
N/A
0.1122
(1.71)
1.16
(8.12)
(0.94)
0.0832
8.12
Semi Deviation
0.3895
1.1
N/A
0.5171
0.2592
0.0
N/A
1.05
0.264
N/A
Information Ratio
(0.18)
(0.07)
N/A
(0.13)
(0.41)
(0.60)
(0.17)
(0.02)
(0.37)
0.1223
Value At Risk
(0.61)
(2.40)
N/A
(1.02)
(0.33)
(0.24)
N/A
(1.15)
(0.56)
N/A
Expected Short fall
(0.37)
(0.73)
N/A
(0.61)
(0.24)
(0.29)
N/A
(0.80)
(0.27)
N/A
Downside Deviation
0.5035
1.21
N/A
0.6484
0.467
0.25
N/A
1.25
0.3473
N/A
Semi Variance
0.1517
1.2
N/A
0.2674
0.0672
(0.02)
N/A
1.1
0.0697
N/A

ETFis Series Competition Performance Charts

Five steps to successful analysis of ETFis Series Competition

ETFis Series' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by ETFis Series Trust in relation to its competition. ETFis Series' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of ETFis Series in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact ETFis Series' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to ETFis Series Trust, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your ETFis Series position

In addition to having ETFis Series in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Business Services Thematic Idea Now

Business Services
Business Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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When determining whether ETFis Series Trust is a strong investment it is important to analyze ETFis 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 ETFis Series' future performance. For an informed investment choice regarding ETFis Etf, refer to the following important reports:
How To Invest In ETFis
Details
ETF Directory
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Largest Sector ETFs Companies
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Largest Real Estate ETFs Companies
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Check out ETFis Series Correlation with its peers.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of ETFis Series Trust is measured differently than its book value, which is the value of ETFis that is recorded on the company's balance sheet. Investors also form their own opinion of ETFis Series' value that differs from its market value or its book value, called intrinsic value, which is ETFis 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 ETFis Series' market value can be influenced by many factors that don't directly affect ETFis Series' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between ETFis Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETFis Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETFis 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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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