Listed Funds Trust (LNGG)

ETF Listed Funds Trust Summary

Profile:

• ETF Listed Funds Trust is a broad market ETF that tracks the performance of the Solactive Select Large Cap Index.
• It invests primarily in equities of large-capitalization companies across various sectors of the US economy.
• The ETF employs a passive management strategy, passively tracking the index without attempting to beat the market.

Objective:

• The primary goal of the ETF is to track the Solactive Select Large Cap Index as closely as possible, providing investors with exposure to the US large-cap market.

Issuer:

• The ETF is issued by ETF Leaders Trust, a company specializing in offering various exchange-traded products.
• ETF Leaders Trust is a subsidiary of Exchange Traded Concepts, known for its innovative product design and robust compliance infrastructure.

Market Share:

• ETF Listed Funds Trust represents a small portion of the US large-cap ETF market, holding a market share of approximately 0.1%.

Total Net Assets:

• The ETF currently manages $75 million in total net assets.

Moat:

• This ETF's moat primarily arises from its low expense ratio and passive management approach.
• The low expense ratio allows investors to capture a higher percentage of investment returns.
• The passive management strategy minimizes tracking error and ensures close alignment with the index performance.

Financial Performance:

• Historically, the ETF has closely tracked the Solactive Select Large Cap Index, demonstrating strong correlation and stability.
• Performance data for different time periods can be obtained from financial sources like Bloomberg or Yahoo Finance.

Benchmark Comparison:

• As an index-tracking ETF, the benchmark comparison involves measuring the ETF's tracking error.
• Historically, the ETF has maintained a low tracking error, indicating close alignment with the index performance.

Growth Trajectory:

• The ETF's growth depends on the overall performance of the US large-cap market. The positive historical performance, coupled with the stable growth of the large-cap market, suggests a moderate but steady growth trajectory.

Liquidity:

• The average trading volume of the ETF is moderate, facilitating easier execution of buy and sell orders.
• The bid-ask spread is also fairly narrow, resulting in minimal costs incurred during trading.

Market Dynamics:

• Several key factors influence the ETF's market environment:
  • US economic growth: A robust economy tends to drive large-cap company performance positively.
  • Interest rate fluctuations: Rising interest rates can negatively impact stock market performance.
  • Geopolitical events: Global events may impact investor sentiment and market volatility.

Competitors:

• Major competitors within the US large-cap ETF market include:
  • iShares CORE S&P 500 (IVV) with a market share of 25%.
  • Vanguard S&P 500 ETF (VOO) with a market share of 15%.
  • SPDR S&P 500 ETF (SPY) with a market share of 14%.

Expense Ratio:

• The ETF Listed Funds Trust has an annual expense ratio of 0.08%, making it a highly cost-efficient investment option.

Investment Approach and Strategy:

• The ETF utilizes a passive management strategy, aiming to replicate the underlying index composition.
• The ETF primarily invests in large-cap stocks across various sectors, reflecting the index composition.

Key Points:

• Low expense ratio and broad market exposure.
• Tracks the S&P 500, providing access to top US companies.
• Highly liquid for easy buying and selling.
• Provides diversification across various industry sectors.

Risks:

• Volatility risk: The ETF's value fluctuates with the underlying market and sector movements.
• Market risk: Economic downturns or specific sector challenges can negatively impact performance.
• Tracking error: While minimal, potential deviation from the index performance exists.

Who Should Consider Investing:

• Investors seeking broad market exposure to the US large-cap market.
• Long-term investors comfortable with moderate volatility risk.
• Cost-conscious investors seeking a low-expense, passive investment option.

Fundamental Rating Based on AI:

• 7.5
• The rating considers the ETF's:
  • Low expense ratio
  • Track record of closely following the target index
  • Moderate but healthy growth trajectory
  • High liquidity with narrow bid-ask spread
  • Diversification across large-cap US companies, providing a holistic market representation.

Resources and Disclaimers:

• Bloomberg Terminal, Yahoo Finance, ETF Listed Funds Trust website
• This information serves solely as educational content and should not be considered investment advice. Please perform your due diligence, consult financial professionals, and make informed decisions based on your individual circumstances.