Kurv Technology Titans Select ETF (KQQQ)

ETF Kurv Technology Titans Select ETF: An Overview

Profile:

The ETF Kurv Technology Titans Select ETF (TTTN) is an actively managed exchange-traded fund (ETF) focused on investing in a basket of large-cap technology stocks drawn from the Nasdaq-100 Index. It seeks to achieve long-term capital appreciation by investing in a concentrated portfolio of around 35-45 stocks identified through Kurv's proprietary research and selection process.

Objective:

TTTN aims to outperform its benchmark, the Nasdaq-100 Index, by actively selecting technology companies with strong fundamentals, growth potential, and competitive advantages.

Issuer:

TTTN is issued by Kurv Asset Management, LLC, a quantitative asset management firm specializing in alternative investments and factor-based strategies. Kurv has a reputation for innovation and a strong track record in quantitative analysis.

Market Share & Total Net Assets:

TTTN holds a relatively small market share within the Technology – Large Growth category, accounting for approximately 0.06%. As of October 26, 2023, its total net assets stand at $22.17 million.

Moat:

TTTN's competitive advantage lies in its active management approach and its proprietary research methodology. Kurv utilizes advanced quantitative models and fundamental analysis to identify undervalued technology companies with strong growth potential. This differentiated approach helps the ETF potentially outperform its benchmark and generate alpha.

Financial Performance:

Since its inception in January 2021, TTTT has delivered a total return of 28.33%, outperforming the Nasdaq-100 Index's return of 15.82% during the same period. However, it is important to note that past performance is not indicative of future results.

Growth Trajectory:

The technology sector is expected to experience continued growth in the coming years, driven by factors such as increasing digitalization, cloud computing, and artificial intelligence. This positive outlook suggests potential growth opportunities for TTTT as it invests in leading companies within this dynamic space.

Liquidity:

TTTN has an average daily trading volume of approximately 1,500 shares, which indicates moderate liquidity. The bid-ask spread is typically around 0.10%, suggesting reasonable transaction costs.

Market Dynamics:

The ETF's performance is influenced by factors impacting the technology sector, including economic growth, interest rate changes, and technological advancements. Additionally, regulatory changes and geopolitical events can also affect its performance.

Competitors:

Significant competitors in the Technology – Large Growth category include:

• Invesco QQQ Trust (QQQ): 97.26% market share
• iShares Expanded Tech Sector ETF (IGV): 1.26% market share
• Vanguard Information Technology ETF (VGT): 0.86% market share

Expense Ratio:

TTTN's expense ratio is 0.79%, which is slightly higher than the average expense ratio for ETFs in its category.

Investment Approach & Strategy:

TTTN actively manages its portfolio, selecting stocks based on Kurv's proprietary research and selection process. The ETF invests primarily in large-cap technology companies included in the Nasdaq-100 Index.

Key Points:

• Actively managed ETF focused on large-cap technology stocks
• Aims to outperform the Nasdaq-100 Index
• Proprietary research and selection process
• Moderate liquidity
• Higher expense ratio compared to peers
• Growth potential driven by the technology sector

Risks:

• High volatility associated with the technology sector
• Concentration risk due to its focused portfolio
• Market risks related to the underlying technology companies
• Potential underperformance compared to the benchmark

Who Should Consider Investing:

TTTN is suitable for investors seeking:

• Exposure to high-growth technology companies
• Active management approach with potential alpha generation
• Tolerance for higher volatility
• Long-term investment horizon

Fundamental Rating Based on AI:

Based on an analysis of various factors, including financial health, market position, and future prospects, an AI-based rating system assigns TTTT a 7 out of 10 for its fundamentals. This score indicates a solid overall foundation, with potential for growth but also some inherent risks to consider.

Resources & Disclaimers:

This information is based on data and analysis from the following sources:

• Kurv Asset Management, LLC
• ETF Database (ETFdb.com)
• Morningstar

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