Qraft Ai Enhanced Large Etf Profile
| QRFT Etf | USD 55.00 0.11 0.20% |
Performance10 of 100
| Odds Of DistressLess than 9
|
QRAFT AI is selling for under 55.00 as of the 28th of November 2024; that is 0.2 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 55.0. QRAFT AI has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for QRAFT AI Enhanced Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund is an actively-managed ETF that seeks to achieve its investment objective by utilizing an investment strategy enhanced by the use of artificial intelligence. Qraft Ai-Enhanced is traded on NYSEARCA Exchange in the United States. More on QRAFT AI Enhanced Large
Moving together with QRAFT Etf
QRAFT Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Growth, Exchange Traded Concepts (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2019-05-21 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 13.79 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Andrew Serowik, Travis Trampe |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 351 |
| Market Maker | Virtu Financial |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | 25.7 |
| Name | QRAFT AI-Enhanced U.S. Large Cap ETF |
| Currency Code | USD |
| Open Figi | BBG00P5NR106 |
| In Threey Volatility | 18.06 |
| 1y Volatility | 13.13 |
| 200 Day M A | 50.4029 |
| 50 Day M A | 53.5214 |
| Code | QRFT |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.19 |
| Type | ETF |
QRAFT AI Enhanced Large [QRFT] is traded in USA and was established 2019-05-20. The fund is listed under Large Growth category and is part of Exchange Traded Concepts family. The entity is thematically classified as Size And Style ETFs. QRAFT AI Enhanced at this time have 6.74 M in assets. , while the total return for the last 3 years was 7.4%.
Check QRAFT AI 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 QRAFT Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding QRAFT 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 QRAFT AI Enhanced Large 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 QRAFT AI Enhanced Large Etf Constituents
| MSFT | Microsoft | Stock | Information Technology | |
| AXP | American Express | Stock | Financials | |
| DXCM | DexCom Inc | Stock | Health Care | |
| NVCR | Novocure | Stock | Health Care | |
| AMD | Advanced Micro Devices | Stock | Information Technology | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| NVAX | Novavax | Stock | Health Care | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary |
QRAFT AI Enhanced 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 QRAFT AI. 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 | 0.0986 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.06) |
QRAFT AI Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QRAFT AI Enhanced Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of QRAFT AI Enhanced is measured differently than its book value, which is the value of QRAFT that is recorded on the company's balance sheet. Investors also form their own opinion of QRAFT AI's value that differs from its market value or its book value, called intrinsic value, which is QRAFT AI'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 QRAFT AI's market value can be influenced by many factors that don't directly affect QRAFT AI'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 QRAFT AI's value and its price as these two are different measures arrived at by different means. Investors typically determine if QRAFT AI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QRAFT AI'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.