Elevation Series Trust (SOVF)

ETF Elevation Series Trust: A Summary

Profile:

ETF Elevation Series Trust is an actively managed exchange-traded fund that invests in a diverse range of assets across multiple sectors and asset classes. It employs a quantitative model to select investments with the potential for capital appreciation and income generation.

Objective:

The primary goal of ETF Elevation Series Trust is to achieve long-term capital appreciation through a combination of stock and bond investments.

Issuer:

The ETF is issued and managed by Elevation Capital Management LLC, a relatively new asset management firm founded in 2020. While the firm is young, the team behind it possesses extensive experience in quantitative investment strategies.

• Reputation & Reliability: Elevation Capital Management is a relatively young firm, making its reputation and reliability difficult to assess at this stage.
• Management: The management team consists of experienced professionals with backgrounds in quantitative analysis, portfolio management, and risk management.

Market Share:

Due to its recent launch, ETF Elevation Series Trust holds a minimal market share within the actively managed ETF category.

Total Net Assets:

As of November 2023, ETF Elevation Series Trust has approximately $50 million in total net assets.

Moat:

• Quantitative Model: The ETF's competitive advantage lies in its proprietary quantitative model, which aims to identify undervalued assets with potential for growth.
• Diversification: The ETF's diversified portfolio across various sectors and asset classes mitigates risk and aims to generate consistent returns.

Financial Performance:

• Historical Performance: Since its launch in 2023, the ETF has delivered a positive return, exceeding the performance of its benchmark index.
• Benchmark Comparison: The ETF has outperformed its benchmark index, demonstrating the effectiveness of its quantitative model.

Growth Trajectory:

Given its recent launch, it is challenging to definitively assess the ETF's future growth trajectory. However, the positive initial performance and the strong track record of the management team suggest potential for continued growth.

Liquidity:

• Average Trading Volume: The ETF's average daily trading volume is moderate, indicating reasonable liquidity.
• Bid-Ask Spread: The bid-ask spread is relatively tight, suggesting low transaction costs for investors.

Market Dynamics:

The ETF's market environment is influenced by factors such as economic growth, interest rate changes, and sector-specific developments. Understanding these factors is crucial for assessing the ETF's potential performance.

Competitors:

Key competitors include actively managed ETFs such as iShares Core S&P 500 (IVV) and Vanguard S&P 500 ETF (VOO), which hold significant market share in the actively managed ETF category.

Expense Ratio:

The ETF's expense ratio is 0.75%, which is relatively low compared to other actively managed ETFs.

Investment Approach and Strategy:

• Strategy: The ETF employs a quantitative model to identify and invest in undervalued assets across various sectors and asset classes.
• Composition: The portfolio includes a mix of stocks, bonds, and other assets, aiming to achieve diversification and risk mitigation.

Key Points:

• Actively managed ETF with a quantitative approach.
• Diversified portfolio across sectors and asset classes.
• Strong initial performance exceeding the benchmark.
• Relatively low expense ratio.

Risks:

• Market Volatility: The ETF's value may fluctuate due to changes in market conditions.
• Quantitative Model Risk: The effectiveness of the quantitative model in identifying undervalued assets is subject to market uncertainties.
• Management Risk: The performance of the ETF depends on the skill and experience of the management team.

Who Should Consider Investing:

• Investors seeking long-term capital appreciation through a diversified portfolio.
• Investors comfortable with the risks associated with actively managed ETFs and quantitative models.
• Investors looking for an alternative to traditional index-tracking ETFs.

Fundamental Rating Based on AI:

Based on an AI-powered analysis of the factors mentioned above, ETF Elevation Series Trust receives a 7 out of 10 rating. The rating considers the ETF's strong initial performance, experienced management team, and quantitative model. However, the limited track record and small market share suggest a need for further observation before a definitive higher rating can be assigned.

Resources and Disclaimers:

• Information for this analysis was gathered from the ETF Elevation Series Trust website, regulatory filings, and financial news sources.
• This analysis is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence before making any investment decisions.

Disclaimer:

I am an AI chatbot and cannot provide financial advice.