Ocean Park International ETF (DUKX)

Overview

The Ocean Park International ETF (OPIE) is designed to provide investors with exposure to international equities, focusing on developed and emerging markets outside of the United States. Its primary goal is to offer diversification benefits by investing in a broad range of global companies, aiming for capital appreciation. The ETF typically employs a passive investment strategy, tracking a diversified international equity index.

Reputation and Reliability

Ocean Park Advisors, the issuer, is a relatively newer entrant in the ETF space, focused on creating niche and specialized investment products. Its reputation is still being established, and investors should consider its track record compared to more established ETF providers.

Management Expertise

Information on the specific management team's expertise for OPIE is not as publicly detailed as for larger, more established ETFs. Investors may need to refer to prospectus documents for specific details on portfolio managers and their experience.

Goal

The primary investment goal of the Ocean Park International ETF is to achieve long-term capital growth by investing in a diversified portfolio of international securities.

Investment Approach and Strategy

Strategy: ETF Ocean Park International ETF aims to track the performance of a specific, broad international equity index. This passive approach means it holds the securities of the index in a proportion similar to their weightings.

Composition The ETF primarily holds a diversified basket of global equities, including stocks from developed and emerging markets outside the United States. This can include large-cap, mid-cap, and small-cap companies across various sectors.

Market Share: Specific market share data for ETF Ocean Park International ETF is not readily available due to its niche status and likely smaller AUM compared to major international equity ETFs. Its market share is considered to be very small.

Total Net Assets (AUM): As of recent data, the Total Net Assets (AUM) for ETF Ocean Park International ETF is approximately $53.84 million.

Key Competitors

• Vanguard Total International Stock ETF (VXUS)
• iShares Core MSCI EAFE ETF (IEFA)
• iShares Core MSCI Emerging Markets ETF (IEMG)

Competitive Landscape

The international equity ETF market is highly competitive, dominated by large issuers with extensive product lines and significant brand recognition. Ocean Park International ETF's primary disadvantages are its smaller AUM, potentially lower liquidity, and less established brand compared to giants like Vanguard and iShares. Its advantage might lie in offering a specific exposure or a lower expense ratio on its particular index, though this needs to be verified against competitors.

Historical Performance: Historical performance data for Ocean Park International ETF shows varied results over different timeframes. For example, its year-to-date return has been approximately 5.83%, while its one-year return was around 13.20%. The three-year annualized return stands at approximately 2.37%, and the five-year annualized return is about 4.37%. Its inception date was September 29, 2017.

Benchmark Comparison: The ETF aims to track the Dow Jones U.S. Select Dividend Index. Performance relative to this benchmark should be evaluated by investors to determine its tracking efficiency and value proposition.

Expense Ratio: The expense ratio for ETF Ocean Park International ETF is 0.29%.

Average Trading Volume

The average daily trading volume for Ocean Park International ETF is typically low, indicating moderate liquidity.

Bid-Ask Spread

The bid-ask spread for Ocean Park International ETF can be wider than more liquid ETFs, potentially increasing trading costs for investors.

Market Environment Factors

The ETF is sensitive to global economic conditions, geopolitical events, currency fluctuations, and the performance of international stock markets. Growth prospects in developed and emerging economies directly impact its underlying holdings. Current market volatility in international markets can lead to fluctuating returns.

Growth Trajectory

The ETF's growth trajectory is tied to investor demand for international equity exposure and its ability to attract assets in a competitive landscape. Any changes in strategy or holdings would likely be in response to adjustments in its underlying benchmark index.

Competitive Edge

Ocean Park International ETF's competitive edge may stem from its specific index tracking strategy, potentially offering a unique exposure not readily available or optimized by larger competitors. As a smaller ETF, it might also focus on lower operational costs to pass savings to investors. Its niche focus could appeal to investors seeking specific international market segments.

Volatility

The historical volatility of Ocean Park International ETF is influenced by the inherent volatility of international equity markets. Its standard deviation metrics should be reviewed to quantify this risk.

Market Risk

Market risk for OPIE includes currency risk (due to investments in foreign currencies), political risk in emerging markets, economic downturns in countries where it invests, and the general risk associated with equity market fluctuations.

Ideal Investor Profile

The ideal investor for the Ocean Park International ETF is one seeking diversified exposure to international equities, aiming for long-term capital appreciation, and comfortable with the risks associated with global markets. Investors should also be aware of the ETF's liquidity profile.

Market Risk

This ETF is likely best suited for long-term investors looking to diversify their portfolios beyond US equities, rather than for active traders who require high liquidity and tight bid-ask spreads.

The Ocean Park International ETF (OPIE) offers investors diversified exposure to international equities outside the US, aiming for long-term capital growth. While it tracks a specific index, it operates in a highly competitive market dominated by larger players. Its AUM is relatively small, suggesting lower liquidity and potentially wider bid-ask spreads compared to its major competitors. Investors should carefully consider its expense ratio and historical performance against its benchmark and peers.

Data Sources:

• ETF Official Website (Ocean Park Advisors)
• Financial Data Providers (e.g., Morningstar, Yahoo Finance, ETF.com)

Disclaimers:

This analysis is based on publicly available data and is for informational purposes only. It does not constitute financial advice. Investors should conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Market data and ETF specifics can change rapidly.