Tidal ETF Trust - Adasina Social Justice All Cap Global ETF (JSTC)

Overview

The ETF Tidal ETF Trust - Adasina Social Justice All Cap Global ETF (ASJG) is an actively managed exchange-traded fund that invests in global companies demonstrating a commitment to social justice principles. It focuses on a broad spectrum of industries and market capitalizations, employing a proprietary methodology to identify and invest in companies that align with ESG (Environmental, Social, and Governance) criteria and actively promote social justice. The ETF aims to generate long-term capital appreciation while also making a positive societal impact.

Reputation and Reliability

Tidal ETF Trust is a relatively newer entrant in the ETF space, known for offering thematic and specialized ETFs. Adasina Capital, the sub-advisor, is recognized for its expertise in ESG and impact investing, bringing a specific focus on social justice to its investment strategies.

Management Expertise

The management team at Adasina Capital brings specialized knowledge in impact investing and a proprietary framework for evaluating companies based on social justice criteria. Their expertise lies in integrating ESG factors with traditional financial analysis.

Goal

To achieve long-term capital appreciation by investing in a diversified portfolio of global companies that demonstrate a commitment to social justice and ESG principles.

Investment Approach and Strategy

Strategy: The ETF is actively managed and does not aim to track a specific index. Instead, it utilizes Adasina Capital's proprietary research and screening process to select companies that align with its social justice investment mandate.

Composition The ETF holds a diversified portfolio of global equities across various market capitalizations and industries. The selection is based on Adasina's proprietary social justice scoring system, which evaluates companies on factors such as labor practices, diversity and inclusion, community engagement, and ethical supply chains.

Market Share: As a specialized ETF focusing on social justice, its market share is likely to be niche compared to broader market ETFs. Specific percentage data is not readily available and would fluctuate.

Total Net Assets (AUM): [object Object]

Key Competitors

• iShares MSCI KLD Select Social Index ETF (DSI)
• Vanguard FTSE Socially Responsible Investment Index ETF (VFTAX)
• Xtrackers MSCI EAFE ESG Leaders ETF (VSGX)

Competitive Landscape

The ESG and socially responsible investing ETF space is increasingly competitive, with numerous funds offering varying approaches to sustainability and social impact. ASJG's competitive advantage lies in its specific focus on social justice, potentially appealing to investors who prioritize this aspect of ESG. However, it faces competition from larger, more established ESG ETFs with broader mandates and potentially lower expense ratios. Its active management strategy also differentiates it from passive index-tracking ESG ETFs.

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Benchmark Comparison: ASJG aims for long-term capital appreciation, and its performance is not directly tied to a specific index due to its active management. Comparisons would typically be made against broad global equity indices and other ESG-focused ETFs.

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Average Trading Volume

The ETF's average daily trading volume is moderate, indicating reasonable liquidity for most investors.

Bid-Ask Spread

The bid-ask spread is generally tight, suggesting efficient trading with minimal transaction costs.

Market Environment Factors

The ETF is influenced by global economic growth, geopolitical events, and investor sentiment towards ESG and impact investing. Increasing awareness of social issues and corporate responsibility can positively impact its prospects. However, market volatility and shifts in investor preferences for different ESG strategies could present challenges.

Growth Trajectory

ASJG's growth trajectory is tied to the increasing demand for socially responsible investments and the effectiveness of its proprietary social justice screening methodology. Any shifts in its holdings or investment strategy would be driven by its ongoing research and evolving understanding of corporate social impact.

Competitive Edge

ASJG's primary competitive edge stems from its specialized focus on social justice, a niche within the broader ESG landscape. Adasina Capital's proprietary methodology for identifying companies that actively promote social justice provides a unique selection process. This focus can attract investors seeking to align their financial goals with specific ethical values, differentiating it from more general ESG ETFs.

Volatility

The ETF's historical volatility reflects the performance of global equities and its concentrated holdings in companies with specific ESG profiles. As an actively managed fund with a focused strategy, its volatility may differ from broad market indices.

Market Risk

Market risk for ASJG includes general equity market downturns, economic recessions, and sector-specific risks impacting its underlying holdings. Additionally, regulatory changes or shifts in investor sentiment regarding ESG investing could affect its performance.

Ideal Investor Profile

The ideal investor for ASJG is one who is committed to aligning their investments with social justice values and seeks long-term capital growth. Investors who are knowledgeable about ESG principles and are comfortable with active management and potentially higher expense ratios would find this ETF suitable.

Market Risk

This ETF is best suited for long-term investors who prioritize social impact alongside financial returns. It is less suitable for short-term traders due to its active management strategy and focus on fundamental company values.

The ETF Tidal ETF Trust - Adasina Social Justice All Cap Global ETF (ASJG) is an actively managed fund that uniquely focuses on social justice principles in its global equity investments. While its AUM is moderate, its niche strategy attracts investors seeking ethical alignment. Competitors exist in the broader ESG space, but ASJG's specialized focus is a key differentiator. Its performance is tied to global equity markets and the effectiveness of its proprietary social justice screening. It's best for long-term investors prioritizing social impact.

Data Sources:

• ETF Provider Website (Tidal ETF Trust)
• Financial Data Aggregators (e.g., ETF.com, Morningstar, Yahoo Finance)

Disclaimers:

This analysis is based on publicly available data and may not be exhaustive. ETF performance can fluctuate, and past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a financial advisor before making investment decisions.