Microsectors Solactive Fang Etf Profile
| BERZ Etf | USD 14.22 0.11 0.77% |
Performance0 of 100
| Odds Of DistressLess than 9
|
MicroSectors Solactive is trading at 14.22 as of the 24th of November 2024; that is 0.77 percent down since the beginning of the trading day. The etf's open price was 14.33. MicroSectors Solactive has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MicroSectors Solactive FANG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of August 2023 and ending today, the 24th of November 2024. Click here to learn more.
Microsectors Fang is traded on NYSEARCA Exchange in the United States. More on MicroSectors Solactive FANG
Moving together with MicroSectors Etf
| 0.96 | SH | ProShares Short SP500 Sell-off Trend | PairCorr |
| 0.98 | PSQ | ProShares Short QQQ Sell-off Trend | PairCorr |
| 0.97 | SPXU | ProShares UltraPro Short | PairCorr |
| 0.97 | SDS | ProShares UltraShort | PairCorr |
| 0.97 | SPXS | Direxion Daily SP | PairCorr |
| 0.98 | QID | ProShares UltraShort QQQ Sell-off Trend | PairCorr |
Moving against MicroSectors Etf
MicroSectors Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Trading--Inverse Equity, BMO Capital Markets (View all Sectors) |
| Issuer | Bank of Montreal |
| Inception Date | 2021-08-17 |
| Benchmark | Solactive FANG Innovation Index |
| Entity Type | Exchange-Traded Note |
| Asset Under Management | 10.04 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Exchange | NYSE Arca, Inc. |
| Market Maker | IMC |
| Total Expense | 0.95 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | (63.82) |
| Name | MicroSectors Solactive FANG Innovation -3X Inverse Leveraged ETNs |
| Currency Code | USD |
| Open Figi | BBG0123138B5 |
| In Threey Volatility | 89.54 |
| 1y Volatility | 50.31 |
| 200 Day M A | 22.6233 |
| 50 Day M A | 16.7074 |
| Code | BERZ |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.48) |
| Type | ETF |
MicroSectors Solactive FANG [BERZ] is traded in USA and was established 2021-08-17. The fund is listed under Trading--Inverse Equity category and is part of BMO Capital Markets family. The entity is thematically classified as Theme ETFs. MicroSectors Solactive currently have 22.13 M in assets under management (AUM). , while the total return for the last 3 years was -55.9%.
Check MicroSectors Solactive 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 MicroSectors Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding MicroSectors 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 MicroSectors Solactive FANG 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 MicroSectors Solactive FANG Etf Constituents
| MU | Micron Technology | Stock | Information Technology | |
| PANW | Palo Alto Networks | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| NVDA | NVIDIA | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| INTC | Intel | Stock | Information Technology | |
| AVGO | Broadcom | Stock | Information Technology | |
| AMD | Advanced Micro Devices | Stock | Information Technology |
MicroSectors Solactive 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 MicroSectors Solactive. 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 | (0.07) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | 0.1225 |
MicroSectors Solactive Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in MicroSectors Solactive FANG. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of MicroSectors Solactive is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors Solactive's value that differs from its market value or its book value, called intrinsic value, which is MicroSectors Solactive'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 MicroSectors Solactive's market value can be influenced by many factors that don't directly affect MicroSectors Solactive'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 MicroSectors Solactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors Solactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors Solactive'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.