Etho Climate Etf Profile


USD 49.19  1.78  3.75%   

Market Performance
1 of 100
Odds Of Distress
Less than 47
Etho Climate is selling for 49.19 as of the 5th of October 2022. This is a 3.75% increase since the beginning of the trading day. The etf's open price was 47.41. Etho Climate has 47 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Etho Climate Leadership are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of August 2022 and ending today, the 5th of October 2022. Click here to learn more.
The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. Etho Climate is traded on NYSEArca Exchange in the United States. More on Etho Climate Leadership

Moving together with Etho Climate

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Etho Climate Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Etho Climate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Etho Climate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Etho Climate has high likelihood to experience some financial distress in the next 2 years
On 23rd of September 2022 Etho Climate paid $ 0.12 per share dividend to its current shareholders
The fund retains 98.5% of its assets under management (AUM) in equities
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Etho Climate's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
IssuerETF Managers Group
Inception Date2015-11-18
BenchmarkEtho Climate Leadership Index
Entity TypeRegulated Investment Company
Asset Under Management149.18 Million
Average Trading Valume4,331.9
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorETF Managers Group, LLC
CustodianU.S. Bank, N.A.
DistributorETFMG Financial LLC
Portfolio ManagerSamuel R. Masucci, Travis E. Trampe
Transfer AgentU.S. Bank, N.A.
Fiscal Year End31-Dec
ExchangeNYSE Arca, Inc.
Number of Constituents273
Market MakerVirtu Financial
Total Expense0.47
Management Fee0.45
Nav Price53.42
Two Hundred Day Average54.45
Average Daily Volume In Three Month5.25k
Fifty Two Week Low45.72
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day4.79k
Fifty Two Week High66.43
One Month6.79%
Fifty Day Average52.16
Three Month-6.42%
Beta In Three Year1.07
Etho Climate Leadership [ETHO] is traded in USA and was established 2015-11-18. The fund is listed under Mid-Cap Growth category and is part of ETFMG family. Etho Climate Leadership currently have 147.93 M in assets under management (AUM). , while the total return for the last 3 years was 9.64%.
Check Etho Climate 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 Etho Climate Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Etho Climate 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 Etho Climate Leadership 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 Etho Climate Leadership Constituents

Etho Climate Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Etho Climate jumping above the current price in 90 days from now is roughly 96.0%. The Etho Climate Leadership probability density function shows the probability of Etho Climate etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Etho Climate has a beta of 0.1805 suggesting as returns on the market go up, Etho Climate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Etho Climate Leadership will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0049, implying that it can generate a 0.004875 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 46.17HorizonTargetOdds Above 46.17
3.51%90 days
Based on a normal probability distribution, the odds of Etho Climate to move above the current price in 90 days from now is roughly 96.0 (This Etho Climate Leadership probability density function shows the probability of Etho Climate Etf to fall within a particular range of prices over 90 days) .

Etho Climate Major Institutional Holders

Institutional Holdings refers to the ownership stake in Etho Climate that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Etho Climate's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Etho Climate's value.
InstituionSecurity TypeTotal SharesValue
Lpl Financial LlcFund Units128.3 K6.1 M
View Etho Climate Diagnostics

Etho Climate Leadership Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Etho Climate market risk premium is the additional return an investor will receive from holding Etho Climate long position in a well-diversified portfolio. 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 Etho Climate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Etho Climate's alpha and beta are two of the key measurements used to evaluate Etho Climate's performance over the market, the standard measures of volatility play an important role as well.

Etho Climate Leadership Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. Etho Climate Leadership Tanh Of Price Series is a hyperbolic price transformation function.

Etho Climate Against Markets

Picking the right benchmark for Etho Climate etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Etho Climate etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Etho Climate is critical whether you are bullish or bearish towards Etho Climate Leadership at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Etho Climate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Etho Climate Leadership?

The danger of trading Etho Climate Leadership is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Etho Climate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Etho Climate. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Etho Climate Leadership is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Investing Opportunities. Note that the Etho Climate Leadership information on this page should be used as a complementary analysis to other Etho Climate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Etho Climate Leadership price analysis, check to measure Etho Climate's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Etho Climate is operating at the current time. Most of Etho Climate's value examination focuses on studying past and present price action to predict the probability of Etho Climate's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Etho Climate's price. Additionally, you may evaluate how the addition of Etho Climate to your portfolios can decrease your overall portfolio volatility.
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The market value of Etho Climate Leadership is measured differently than its book value, which is the value of Etho Climate that is recorded on the company's balance sheet. Investors also form their own opinion of Etho Climate's value that differs from its market value or its book value, called intrinsic value, which is Etho Climate'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 Etho Climate's market value can be influenced by many factors that don't directly affect Etho Climate'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 Etho Climate's value and its price as these two are different measures arrived at by different means. Investors typically determine Etho Climate value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etho Climate'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.