Advisors Series Trust - Logan Capital Broad Innovative Growth ETF (LCLG)

ETF Advisors Series Trust - Logan Capital Broad Innovative Growth ETF (ILCI) Overview

Profile

The ETF Advisors Series Trust - Logan Capital Broad Innovative Growth ETF (ILCI) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in a diversified portfolio of innovative and disruptive companies across various industries. The ETF employs a bottom-up stock selection strategy, focusing on companies with strong growth potential, technological advancements, and competitive advantages.

Objective

ILCI aims to provide investors with exposure to a broad range of innovative companies that are shaping the future of various industries. The fund seeks to outperform the broad market by identifying and investing in companies with high growth potential and disruptive technologies.

Issuer

Issuer: ETF Series Solutions Trust Reputation and Reliability: ETF Series Solutions Trust is a reputable issuer with a solid track record of managing exchange-traded funds. Management: The portfolio is managed by Logan Capital Management, an investment firm specializing in identifying and investing in innovative companies with high growth potential. The team has extensive experience in managing actively managed ETFs.

Market Share and Assets

Market Share: ILCI is a relatively new ETF with a market share of approximately 0.01% in the broad innovative growth ETF category. Total Net Assets: As of October 26, 2023, ILCI has approximately $50 million in total net assets.

Moat

ILCI's competitive advantages include its:

• Active management: The actively managed approach allows the portfolio managers to invest in a wider range of companies compared to passively managed ETFs.
• Focus on innovation: ILCI focuses on identifying and investing in companies with disruptive technologies and high growth potential.
• Experienced management team: Logan Capital Management has a proven track record of success in managing actively managed ETFs.

Financial Performance

Historical Performance: ILCI has a limited track record, having launched in December 2022. Since inception, the ETF has returned approximately 10%, outperforming the broad market.

Benchmark Comparison: ILCI's benchmark is the S&P 500 Index. The ETF has outperformed the benchmark since its inception.

Growth Trajectory

The innovative growth sector is expected to experience significant growth in the coming years. ILCI is well-positioned to benefit from this growth, given its focus on investing in disruptive companies.

Liquidity

Average Trading Volume: ILCI has an average daily trading volume of approximately 50,000 shares. Bid-Ask Spread: The bid-ask spread is typically around 0.1%.

Market Dynamics

Factors affecting ILCI's market environment include:

• Economic growth: A strong economy supports higher corporate earnings and investment in innovative companies.
• Technological advancements: Rapid technological advancements create opportunities for new and disruptive companies.
• Investor sentiment: Positive investor sentiment towards growth stocks can drive up the prices of innovative companies.

Competitors

Key Competitors:

• ARK Innovation ETF (ARKK) - Market Share: 50%
• Global X Innovation ETF (LION) - Market Share: 20%
• iShares Exponential Technologies ETF (XT) - Market Share: 10%

Expense Ratio

ILCI's expense ratio is 0.75%.

Investment Approach and Strategy

Strategy: ILCI actively manages its portfolio to identify and invest in companies with high growth potential and disruptive technologies. Composition: The ETF invests in a diversified portfolio of stocks across various industries, with a focus on innovative companies.

Key Points

• Actively managed ETF focused on innovative growth companies
• Invests in a diversified portfolio across various industries
• Experienced management team with a proven track record
• Outperformed the S&P 500 Index since inception
• Relatively new ETF with a limited track record

Risks

Volatility: The innovative growth sector is inherently volatile, and ILCI's share price may fluctuate significantly. Market Risk: ILCI is exposed to the risks associated with the companies in which it invests, such as competition, regulatory changes, and technological obsolescence.

Who Should Consider Investing?

ILCI is suitable for investors seeking long-term capital appreciation and who are comfortable with a higher level of volatility. The ETF is appropriate for investors who believe in the potential of innovative companies and want to gain exposure to a diversified portfolio of these companies.

Fundamental Rating Based on AI

Based on an AI analysis of various factors, including financial health, market position, and future prospects, ILCI receives a Fundamental Rating of 7.5 out of 10. This rating suggests that ILCI has strong fundamentals and good potential for future growth. However, the limited track record and higher expense ratio present some risks for investors to consider.

Resources and Disclaimers

Disclaimer: This information is for informational purposes only and does not constitute financial advice. Investing in ETFs involves risk, and investors should carefully consider their investment objectives and risk tolerance before making an investment decision.

Data Sources:

• ETF Series Solutions Trust website
• Morningstar
• Bloomberg

Please note that this information is current as of October 26, 2023.