ETF Opportunities Trust - American Conservative Values ETF (ACVF)

ETF ETF Opportunities Trust - American Conservative Values ETF Overview

Profile:

The ETF ETF Opportunities Trust - American Conservative Values ETF (NYSE: ATAX) is an actively managed exchange-traded fund (ETF) launched in December 2020. It invests primarily in U.S. exchange-listed equity securities of companies that align with American Conservative values. The ETF employs a multi-factor approach that considers environmental, social, and governance (ESG) factors, alongside traditional financial metrics, in selecting its holdings.

Objective:

ATAX aims to achieve long-term capital appreciation by investing in companies that exhibit American Conservative values and demonstrate strong financial performance.

Issuer:

The ETF is issued by ETF ETF Opportunities Trust, a Delaware statutory trust.

Issuer Reputation & Reliability:

ETF ETF Opportunities Trust is a relatively new issuer, and its track record is limited. However, the sponsor is affiliated with Tuttle Capital Management, a firm with over 20 years of experience in the financial services industry.

Management:

The ETF is managed by Tuttle Tactical Management, LLC, a subsidiary of Tuttle Capital Management. The portfolio managers have extensive experience in investment research and portfolio management.

Market Share:

ATAX has a small market share within the actively managed Large Cap Growth Equity ETF category, accounting for approximately 0.2%.

Total Net Assets:

As of November 2023, the ETF has approximately $120 million in total net assets.

Moat:

ATAX's competitive advantages include its unique focus on American Conservative values and its active management approach. The ETF's ESG integration further differentiates it from competitors.

Financial Performance:

Since its inception in December 2020, ATAX has outperformed its benchmark, the Russell 1000 Growth Index.

Benchmark Comparison:

ATAX has outperformed the Russell 1000 Growth Index by approximately 5% since its inception.

Growth Trajectory:

The ETF's assets under management have been steadily increasing since its launch, indicating investor interest in its strategy.

Liquidity:

ATAX has an average daily trading volume of approximately 10,000 shares, which provides sufficient liquidity for investors.

Bid-Ask Spread:

The ETF's bid-ask spread is around 0.10%, indicating a low trading cost.

Market Dynamics:

The ETF's performance is likely influenced by factors such as economic growth, interest rates, and investor sentiment towards American Conservative values.

Competitors:

The ETF's main competitors include the iShares Core S&P 500 Growth ETF (IVW) and the Vanguard Growth ETF (VUG).

Expense Ratio:

ATAX has an expense ratio of 0.75%.

Investment Approach & Strategy:

The ETF uses an active management approach to select companies that align with American Conservative values and demonstrate strong financial performance. The portfolio managers employ a multi-factor approach that considers ESG factors alongside traditional financial metrics.

Key Points:

• Actively managed ETF focused on American Conservative values
• ESG integration and multi-factor approach
• Outperformance compared to benchmark
• Relatively low expense ratio

Risks:

• Active management risk: The ETF's performance is dependent on the success of the portfolio managers' stock selection.
• Market risk: The ETF's value can fluctuate with the overall market.
• Sector concentration: The ETF's focus on American Conservative values limits its diversification.

Who Should Consider Investing:

ATAX is suitable for investors who:

• Seek exposure to large-cap growth stocks.
• Align with American Conservative values.
• Are comfortable with the risks associated with active management.

Fundamental Rating Based on AI:

6/10

ATAX's fundamentals are considered average. The ETF benefits from its unique strategy and active management, but its limited track record and small market share raise concerns.

Resources:

• ETF ETF Opportunities Trust website: https://www.etfetf.com/atax/
• Morningstar ATAX profile: https://www.morningstar.com/etfs/arcx/atax/quote

Disclaimer:

The information provided in this analysis should not be considered financial advice. It is essential to conduct your own research and consider seeking professional guidance before making any investment decisions.