Strategy Shares Newfoundresolve Etf Profile
| ROMO Etf | USD 32.79 0.07 0.21% |
PerformanceModest
| Odds Of DistressLow
|
Strategy Shares is selling at 32.79 as of the 16th of February 2025; that is 0.21 percent increase since the beginning of the trading day. The etf's open price was 32.72. Strategy Shares 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. The performance scores are derived for the period starting the 18th of November 2024 and ending today, the 16th of February 2025. Click here to learn more.
The fund employs a passive management investment approach designed to track the total return performance, before fees and expenses, of the NewfoundReSolve Robust Equity Momentum Index. Strategy Shares is traded on BATS Exchange in the United States. More on Strategy Shares NewfoundReSolve
Moving together with Strategy Etf
Strategy Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Outcome ETFs, Asset Allocation ETFs, Moderately Aggressive Allocation, Strategy Shares (View all Sectors) |
| Issuer | Strategy Shares |
| Inception Date | 2019-11-01 |
| Benchmark | Newfound/ReSolve Robust Equity Momentum Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 40.43 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Citi Fund Services Ohio, Inc. |
| Advisor | Rational Advisors, Inc. |
| Custodian | Citibank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | David Miller, Charles Ashley |
| Transfer Agent | Citi Fund Services Ohio, Inc. |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | GTS |
| Total Expense | 1.03 |
| Management Fee | 0.49 |
| Country Name | USA |
| Returns Y T D | 3.69 |
| Name | Strategy Shares NewfoundReSolve Robust Momentum ETF |
| Currency Code | USD |
| Open Figi | BBG00QRWVHY3 |
| In Threey Volatility | 10.63 |
| 1y Volatility | 10.24 |
| 200 Day M A | 30.9161 |
| 50 Day M A | 32.2835 |
| Code | ROMO |
| Updated At | 16th of February 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.17 |
Strategy Shares NewfoundReSolve [ROMO] is traded in USA and was established 2019-11-01. The fund is listed under Moderately Aggressive Allocation category and is part of Strategy Shares family. The entity is thematically classified as Target Outcome ETFs. Strategy Shares Newf at this time have 51.51 M in assets. , while the total return for the last 3 years was 6.7%.
Check Strategy Shares 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 Strategy Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Strategy 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 Strategy Shares NewfoundReSolve 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 Strategy Shares NewfoundReSolve Etf Constituents
| IVV | iShares Trust | Etf | MX Etf | |
| SHY | iShares 1 3 Year | Etf | Short Government | |
| IEF | iShares 7 10 Year | Etf | Long Government | |
| IEFA | iShares Trust | Etf | MX Etf |
Strategy Shares Newf 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 Strategy Shares. 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 | 0.0293 | |||
| Jensen Alpha | 0.0197 | |||
| Total Risk Alpha | 0.0191 | |||
| Sortino Ratio | 0.022 |
Strategy Shares Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Strategy Shares NewfoundReSolve. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Strategy Etf, please use our How to Invest in Strategy Shares guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of Strategy Shares Newf is measured differently than its book value, which is the value of Strategy that is recorded on the company's balance sheet. Investors also form their own opinion of Strategy Shares' value that differs from its market value or its book value, called intrinsic value, which is Strategy Shares' 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 Strategy Shares' market value can be influenced by many factors that don't directly affect Strategy Shares' 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 Strategy Shares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Strategy Shares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strategy Shares' 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.