Elevation Series Trust (SRHR)SRHR

ETF Elevation Series Trust Summary

Profile:

ETF Elevation Series Trust (ELE) is a passively managed exchange-traded fund (ETF) that tracks the Solactive US Elevation Series Index. This index targets companies with high potential for growth and innovation across various sectors. The ETF primarily invests in stocks of smaller and mid-cap companies headquartered in the United States.

Objective:

ELE's primary investment goal is to outperform the Solactive US Elevation Series Index by providing long-term capital appreciation through strategic investment in high-growth companies.

Issuer:

1. VanEck

• Reputation and Reliability: VanEck is a well-established global investment manager with a strong reputation for innovative and thematic ETFs.
• Management: The ETF is managed by a team of experienced professionals with expertise in quantitative analysis and portfolio construction.

2. Solactive AG

• Reputation and Reliability: Solactive is a leading index provider known for its innovative and transparent index methodologies.
• Management: Solactive is responsible for calculating and maintaining the Solactive US Elevation Series Index.

Market Share:

ELE has a market share of approximately 0.1% in the US small/mid-cap growth ETF category.

Total Net Assets:

ELE has approximately $45 million in total net assets as of November 7, 2023.

Moat:

• Unique Strategy: ELE's focus on high-growth companies and its dynamic index methodology provide a unique selling proposition.
• Experienced Management: VanEck's expertise in quantitative analysis and portfolio construction offers a competitive edge.

Financial Performance:

• Historical Performance: Since its inception in 2021, ELE has generated an annualized return of 15%.
• Benchmark Comparison: ELE has outperformed its benchmark index, the Solactive US Elevation Series Index, by 2% over the same period.

Growth Trajectory:

ELE's growth trajectory is promising, considering the increasing demand for thematic and innovative investment strategies.

Liquidity:

• Average Trading Volume: ELE has an average daily trading volume of approximately 5,000 shares.
• Bid-Ask Spread: The bid-ask spread for ELE is typically around 0.1%, indicating decent liquidity.

Market Dynamics:

• Economic Indicators: ELE's performance is influenced by economic indicators like GDP growth, interest rates, and inflation.
• Sector Growth Prospects: The ETF's performance is also dependent on the growth prospects of the small/mid-cap sector and specific industries targeted by the index.
• Current Market Conditions: Market volatility and investor sentiment can impact the ETF's performance.

Competitors:

• iShares Russell 2000 Growth ETF (IWO)
• Vanguard Small-Cap Growth ETF (VBK)
• SPDR S&P 600 Small Cap Growth ETF (SLYG)

Expense Ratio:

ELE's expense ratio is 0.65%, which is considered average for actively managed ETFs.

Investment Approach and Strategy:

• Strategy: ELE tracks the Solactive US Elevation Series Index, which uses a quantitative model to select stocks based on factors like growth potential, innovation, and momentum.
• Composition: The ETF primarily invests in stocks of small and mid-cap companies across various sectors, with a focus on technology, healthcare, and consumer discretionary.

Key Points:

• Invests in high-growth companies with potential for innovation.
• Actively managed by VanEck with a quantitative approach.
• Outperformed its benchmark index since inception.
• Offers diversification across various sectors.

Risks:

• Volatility: ELE is a small/mid-cap growth ETF, which makes it more volatile than broader market indices.
• Market Risk: The ETF's performance is dependent on the overall market conditions and the performance of its underlying assets.
• Tracking Error: ELE's performance may deviate from the Solactive US Elevation Series Index due to tracking differences.

Who Should Consider Investing:

• Investors seeking long-term capital appreciation.
• Investors who believe in the potential of high-growth companies.
• Investors who are comfortable with a higher level of volatility.

Fundamental Rating Based on AI:

7.5/10

ELE demonstrates strong fundamentals, with a solid track record, experienced management, and a unique investment strategy. However, its relatively small market share and limited liquidity may pose challenges for some investors.

Resources and Disclaimers:

• VanEck ETF Elevation Series Trust website: https://www.vaneck.com/us/en/etf/equity/ele-etf#overview
• Solactive US Elevation Series Index website: https://www.solactive.com/indices/?index=DE000SLA5Y87

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.