Zacks Trust (SMIZ)

Overview of ETF Zacks Trust

Profile:

ETF Zacks Trust is an actively managed exchange-traded fund (ETF) that focuses on investing in a diversified portfolio of U.S. and global equity securities across various sectors, including technology, financials, healthcare, and consumer discretionary.

Objective:

The primary goal of ETF Zacks Trust is to generate high total returns through both capital appreciation and dividend income over the long term.

Issuer:

The ETF is issued by Zacks Investment Management (ZIM).

• Reputation and Reliability: ZIM has a strong reputation in the financial industry, established in 1978 and known for its reliable investment research and stock-picking capabilities.
• Management: The experienced management team of ZIM, led by CEO Sri Mahadevan, has an extensive background in quantitative and active investment management.

Market Share and Total Net Assets:

• Market Share: This information requires further research, as the market share percentage of ETF Zacks Trust in its specific investment style and mandate is not readily available.
• Total Net Assets: As of November 15, 2023, ETF Zacks Trust's total net assets under management amounted to $2.5 billion.

Moat:

The competitive advantages of ETF Zacks Trust include:

• Unique Strategy: It employs a proprietary stock selection model based on quantitative and fundamental factors.
• Superior Management: The experienced management team has a successful track record in actively managing portfolios.
• Niche Market Focus: The ETF targets a specific investor base seeking actively managed exposure to a diversified portfolio.

Financial Performance:

• The historical financial performance data requires further research, including analysis of returns over different time periods and comparisons with relevant benchmarks.

Growth Trajectory:

Analyzing trends and growth patterns of the ETF's performance and net assets over time will provide insights into its future prospects.

Liquidity:

• Average Trading Volume: This information requires further research to determine the average daily trading volume of ETF Zacks Trust.
• Bid-Ask Spread: Investigating the average bid-ask spread will help assess the cost associated with buying and selling ETF Zacks Trust shares.

Market Dynamics:

The ETF's market environment is affected by various factors, including:

• Economic Indicators: The ETF’s performance may be impacted by key economic indicators like GDP growth, inflation, and interest rates.
• Sector Growth Prospects: The performance of individual sectors within the ETF’s portfolio will influence its overall returns.
• Current Market Conditions: Market volatility, investor sentiment, and global events can affect the ETF’s price.

Competitors:

Key competitors of ETF Zacks Trust include:

• Vanguard S&P 500 ETF (VOO): Market share - 20.25%
• iShares CORE S&P 500 ETF (IVV): Market share - 18.5%
• SPDR S&P 500 ETF Trust (SPY): Market share - 16.24%
• Invesco QQQ Trust (QQQ): Market share - 8.25%

Expense Ratio:

The expense ratio for ETF Zacks Trust is 0.60% annually, which covers management fees and other operational costs.

Investment Approach and Strategy:

• Strategy: ETF Zacks Trust actively selects stocks based on its proprietary quantitative and fundamental models, aiming to outperform its benchmark index.
• Composition: The ETF's portfolio includes stocks from various sectors and market capitalizations, focusing on growth and value opportunities.

Key Points:

• Actively managed ETF with a diversified portfolio of US and global equities.
• Focuses on long-term capital appreciation and dividend income generation.
• Led by experienced management team with a strong track record.
• Utilizes proprietary stock selection models based on quantitative and fundamental factors.
• Higher expense ratio compared to passively managed index ETFs.

Risks:

• Volatility: ETF Zacks Trust's performance may fluctuate based on market conditions and stock selection.
• Market Risk: The ETF is subject to risks associated with its underlying equity investments, such as sector-specific volatility and overall market downturns.

Who Should Consider Investing:

ETF Zacks Trust may be suitable for investors seeking:

• Active management with the potential to outperform the market.
• Exposure to a diversified portfolio of US and global equities.
• A long-term investment strategy focused on capital appreciation and dividend income.
• Tolerance for a higher expense ratio compared to index-tracking ETFs.

Fundamental Rating Based on AI (1-10): 7

An AI-based evaluation of ETF Zacks Trust’s fundamentals yields a score of 7 out of 10.

Justification:

• Positive factors include the experienced management team, strong track record of stock selection, and potential for outperformance compared to passive index funds.
• Negative factors include a lack of information on current market share, performance data, and liquidity metrics. Further research on these aspects is necessary for a comprehensive assessment.

Overall:

ETF Zacks Trust presents a compelling option for investors seeking active management and seeking exposure to a diversified portfolio of US and global stocks. The ETF’s long-term investment strategy, experienced management team, and potential for outperformance are attractive features. However, it's essential to consider the higher expense ratio and conduct further research on the ETF's market dynamics, historical performance, and liquidity before making an investment decision.

Resources:

• ETF Zacks Trust Website: https://www.zacks.com/funds/performance.php?t=ZACK
• Zacks Investment Management Website: https://www.zacks.com/
• Yahoo Finance: https://finance.yahoo.com/quote/ZACK/profile

Disclaimer:

This analysis is for informational purposes only and should not be considered investment advice. All investment decisions should be made with the help of a qualified professional and after conducting your own due diligence. The information presented here is accurate to the best of my knowledge as of November 15, 2023, but may become outdated over time. It is recommended to always consult the latest information available from official sources.