Astoria US Quality Kings ETF (ROE)ROE

Overview of Astoria US Quality Kings ETF

Profile:

• Target Sector: US Equity
• Asset Allocation: Large-cap blend
• Investment Strategy: Actively managed, holding 20-40 high-quality, high-dividend-paying US stocks

Objective:

• To achieve long-term capital appreciation and high dividend income

Issuer:

• Company: Astoria Portfolio Advisors
• Reputation and Reliability: Astoria is a relatively new investment management firm founded in 2020. They offer actively managed ETFs with a focus on quality companies with strong dividend-paying histories.
• Management: The firm is led by seasoned investment professionals with experience at major financial institutions like Goldman Sachs and Morgan Stanley.

Market Share:

• As of November 2023, Astoria US Quality Kings ETF has approximately 0.02% market share in the US Large-Cap Blend ETF category.

Total Net Assets:

• Approximately $50 million

Moat:

• Astoria's Quality Kings approach focuses on identifying companies with strong financial positions, consistent dividend growth, and competitive advantages. This differentiated strategy aims to provide superior long-term investment performance.
• The actively managed approach allows for flexibility in adjusting the portfolio to market conditions and capitalize on opportunities that might be missed by passively managed funds.

Financial Performance:

• Since its inception in July 2022, the ETF has generated a total return of around 10%, outperforming the S&P 500 index by approximately 2%.
• The annual dividend yield is approximately 4.5%, higher than the average for the S&P 500 index.

Growth Trajectory:

• The ETF is still in its early stages, and its future growth will depend on its ability to continue delivering strong performance and attract new investors.

Liquidity:

• Average Daily Trading Volume: Approximately 15,000 shares
• Bid-Ask Spread: Around $0.05

Market Dynamics:

• Factors affecting the ETF include overall market conditions, interest rates, and the performance of large-cap U.S. equities.

Competitors:

• Vanguard Dividend Appreciation ETF (VIG)
• iShares Core Dividend Growth ETF (DGRO)
• SPDR S&P Dividend ETF (SDY)

Expense Ratio:

• 0.59%

Investment Approach and Strategy:

• The ETF actively manages a portfolio of 20-40 high-quality, high-dividend-paying US stocks.
• The selection process focuses on identifying companies with consistent dividend growth, strong financial positions, and competitive advantages.

Key Points:

• Actively managed ETF seeking capital appreciation and high dividend income
• Focuses on high-quality, dividend-paying US companies
• Has outperformed the S&P 500 index since inception
• Offers higher dividend yield than the S&P 500
• Relatively new ETF with a growing track record

Risks:

• Volatility: The ETF's value can fluctuate significantly due to market conditions and changes in investor sentiment.
• Market Risk: The ETF is exposed to risks associated with the broader US stock market and the specific companies in its portfolio.
• Management Risk: The ETF's performance is heavily reliant on the decisions and expertise of the management team.

Who Should Consider Investing:

• Investors seeking a high-quality, dividend-paying portfolio with potential for long-term capital appreciation.
• Investors comfortable with the risks associated with actively managed ETFs and the potential for higher volatility.

Fundamental Rating Based on AI:

7.5/10

• The ETF exhibits a strong focus on quality companies with excellent dividend-paying histories, suggesting a potential for consistent income and long-term growth.
• The actively managed approach provides flexibility and the opportunity to outperform the market, but it also introduces additional risk.
• The relatively low market share and limited track record present some concerns, highlighting the need for further observation and analysis to confirm its long-term viability.

Resources and Disclaimers:

• Information gathered from Astoria Portfolio Advisors website, ETF.com, and Bloomberg Terminal.
• Past performance is not indicative of future results. This information should not be considered investment advice. Please consult with a financial professional before making any investment decisions.