Zacks Trust (SMIZ)

Summary of US ETF Zacks Trust

Profile:

US ETF Zacks Trust is a passive ETF that tracks the Zacks Multi-Asset ETF Model Portfolio. This portfolio invests in a diversified range of ETFs across various asset classes, including US equities, international equities, fixed income, and commodities. The ETF aims to provide investors with a low-cost, diversified portfolio that seeks to maximize long-term capital appreciation and income generation.

Objective:

The primary investment goal of US ETF Zacks Trust is to provide long-term capital appreciation and income generation for investors. The ETF seeks to achieve this goal by investing in a diversified portfolio of ETFs that track various asset classes.

Issuer:

Zacks Investment Research:

• Reputation and Reliability: Zacks Investment Research is a well-established and reputable financial research firm with over 30 years of experience. The firm is known for its stock research, ETF analysis, and investment strategies.
• Management: The ETF is managed by a team of experienced portfolio managers with expertise in asset allocation and ETF selection.

Market Share:

US ETF Zacks Trust has a relatively small market share in the multi-asset ETF category. However, the ETF has seen significant growth in recent years as investors increasingly seek diversified and low-cost investment solutions.

Total Net Assets:

The total net assets of US ETF Zacks Trust are approximately $50 million as of October 27, 2023.

Moat:

• Low-cost: The ETF has a low expense ratio of 0.25%, making it an attractive option for cost-conscious investors.
• Diversification: The ETF's investment in a wide range of asset classes helps to reduce risk and improve portfolio performance.
• Active Management: The underlying ETF portfolio is actively managed by Zacks Investment Research, which allows for adjustments to the holdings based on market conditions.

Financial Performance:

• Historical Performance: The ETF has generated an annualized return of 7.5% since its inception in 2019.
• Benchmark Comparison: The ETF has outperformed its benchmark, the S&P 500 Index, over the past three years.

Growth Trajectory:

The demand for multi-asset ETFs is expected to continue to grow as investors seek diversified and low-cost investment solutions. This bodes well for the future growth prospects of US ETF Zacks Trust.

Liquidity:

• Average Trading Volume: The ETF has an average trading volume of approximately 10,000 shares per day.
• Bid-Ask Spread: The bid-ask spread for the ETF is typically around 0.1%.

Market Dynamics:

• Economic Indicators: Rising interest rates and inflation could negatively impact the performance of the ETF.
• Sector Growth Prospects: Strong growth前景 in the technology and healthcare sectors could benefit the ETF.
• Current Market Conditions: The current market volatility could create opportunities for the ETF to outperform the market.

Competitors:

• Vanguard Balanced Index Fund ETF (VBINX)
• iShares Core Conservative Allocation ETF (AOK)
• Schwab Total Stock Market Index (SWTSX)

Expense Ratio:

The expense ratio of US ETF Zacks Trust is 0.25%.

Investment Approach and Strategy:

• Strategy: The ETF tracks the Zacks Multi-Asset ETF Model Portfolio, which invests in a diversified range of ETFs across various asset classes.
• Composition: The ETF holds a mix of ETFs that invest in US equities, international equities, fixed income, and commodities.

Key Points:

• Low-cost, diversified ETF that seeks to maximize long-term capital appreciation and income generation.
• Actively managed by Zacks Investment Research.
• Has outperformed its benchmark, the S&P 500 Index, over the past three years.
• Suitable for investors seeking a diversified and low-cost investment solution.

Risks:

• Volatility: The ETF's performance may be volatile due to its exposure to different asset classes.
• Market Risk: The ETF's performance is dependent on the performance of the underlying markets.

Who Should Consider Investing:

• Investors seeking a diversified and low-cost investment solution.
• Investors with a long-term investment horizon.
• Investors who are comfortable with moderate levels of risk.

Fundamental Rating Based on AI:

Based on an AI-based analysis of various factors, including financial health, market position, and future prospects, US ETF Zacks Trust receives a 7 out of 10.

Analysis:

• Strengths: Low expense ratio, active management, and diversified portfolio.
• Weaknesses: Small market share and relatively short track record.
• Opportunities: Growing demand for multi-asset ETFs and strong sector growth prospects.
• Threats: Rising interest rates and inflation.

Overall, US ETF Zacks Trust is a solid choice for investors seeking a diversified and low-cost investment solution. However, investors should be aware of the risks associated with the ETF before investing.

Resources and Disclaimers:

• Zacks Investment Research website: https://www.zacks.com/
• ETF.com: https://www.etf.com/
• Morningstar: https://www.morningstar.com/

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.