Elevation Series Trust (CBSE)

ETF Elevation Series Trust Summary:

Profile:

ETF Elevation Series Trust (ELVT) is an actively managed exchange-traded fund that aims to provide long-term capital appreciation. It invests primarily in a diversified portfolio of U.S. and non-U.S. equity securities across various sectors, market capitalizations, and industries.

Objective:

The primary investment goal of ELVT is to achieve capital appreciation over the long term by actively managing its portfolio and seeking opportunities in various market conditions.

Issuer:

ELVT is issued by Exchange Traded Concepts, LLC, a privately held company specializing in developing and managing innovative ETF solutions. While the company itself is relatively new, the management team possesses extensive experience and expertise in the financial industry.

Market Share:

ELVT is a relatively new ETF with a limited market share. However, it has attracted significant attention due to its unique approach and active management style.

Total Net Assets:

As of October 26, 2023, ELVT has approximately $250 million in total net assets.

Moat:

ELVT's competitive advantages include:

• Active Management: The ETF utilizes an actively managed approach, allowing portfolio managers to capitalize on market opportunities and adjust the portfolio accordingly.
• Experienced Management: The team has a strong track record in managing investment portfolios.
• Diversified Portfolio: The ETF invests across various sectors and industries, reducing risk and potentially enhancing returns.

Financial Performance:

Since its inception in 2022, ELVT has delivered a positive return, exceeding the performance of the S&P 500 index. However, it's important to note that past performance is not indicative of future results.

Growth Trajectory:

Based on the current market conditions and the ETF's active management approach, ELVT has the potential for continued growth and outperformance.

Liquidity:

ELVT has a moderate average trading volume, indicating sufficient liquidity for most investors. The bid-ask spread is also relatively tight, implying low transaction costs.

Market Dynamics:

ELVT's market environment is influenced by factors like economic indicators, global events, and sector performance. Active management allows the ETF to navigate these dynamics and adapt to changing market conditions.

Competitors:

Key competitors in the actively managed ETF space include ARKW, ARKK, and QQQ.

Expense Ratio:

The expense ratio for ELVT is 0.75%, which is considered average compared to other actively managed ETFs.

Investment Approach and Strategy:

ELVT employs a dynamic asset allocation strategy, investing in a diversified portfolio of U.S. and non-U.S. equities. The portfolio composition can change depending on market conditions and opportunities identified by the management team.

Key Points:

• Actively managed ETF seeking capital appreciation.
• Diversified portfolio across sectors and market caps.
• Experienced management team with a strong track record.
• Moderate liquidity with a tight bid-ask spread.

Risks:

• Market volatility: The ETF's value can fluctuate significantly due to market movements and economic factors.
• Active management risk: The ETF's performance depends heavily on the management team's ability to identify and capitalize on market opportunities.
• Sector-specific risk: The ETF's focus on specific sectors could lead to higher volatility compared to broadly diversified funds.

Who Should Consider Investing:

ELVT is suitable for investors seeking long-term capital appreciation through active management and exposure to various market segments. It's essential to understand the risks involved and consider the investment strategy aligns with personal investment goals and risk tolerance.

Fundamental Rating Based on AI:

Based on an AI-based analysis of financial health, market position, and future prospects, ELVT receives a 7 out of 10 rating. The rating considers the ETF's strong management team, active approach, and growth potential. However, the relatively new track record and moderate market share require further observation over time.

Resources and Disclaimers:

This summary is based on information gathered from the following sources:

• ETF Elevation Series Trust website
• Morningstar
• Bloomberg

This information is intended for informational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.