Cancel anytime
Calamos Antetokounmpo Global Sustainable Equities ETF (SROI)SROI
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
09/18/2024: SROI (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: PASS |
Profit: 13.52% | Upturn Advisory Performance 5 | Avg. Invested days: 77 |
Profits based on simulation | ETF Returns Performance 3 | Last Close 09/18/2024 |
Type: ETF | Today’s Advisory: PASS |
Profit: 13.52% | Avg. Invested days: 77 |
Upturn Star Rating | ETF Returns Performance 3 |
Profits based on simulation Last Close 09/18/2024 | Upturn Advisory Performance 5 |
Key Highlights
Volume (30-day avg) 413 | Beta - |
52 Weeks Range 22.75 - 30.12 | Updated Date 09/18/2024 |
52 Weeks Range 22.75 - 30.12 | Updated Date 09/18/2024 |
AI Summarization
ETF Calamos Antetokounmpo Global Sustainable Equities ETF Summary
Profile:
The ETF Calamos Antetokounmpo Global Sustainable Equities ETF (ticker: GOAT) is an actively managed fund that invests in global equities of companies that exhibit strong environmental, social, and governance (ESG) practices. The ETF focuses on a diversified portfolio of companies across various sectors and regions, with a particular emphasis on growth potential and long-term value creation.
Objective:
The primary investment goal of GOAT is to achieve long-term capital appreciation through investments in sustainable and responsible companies while adhering to socially responsible investing principles.
Issuer:
GOAT is issued by Calamos Investments, a global asset management firm with over 40 years of experience and a strong reputation for active management and ESG investing.
- Reputation and Reliability: Calamos Investments is a well-respected and established asset manager with a long history of delivering strong investment results. The firm is known for its ESG expertise and commitment to responsible investing.
- Management: The ETF is managed by John Calamos, Sr., the founder and CEO of Calamos Investments, and a team of experienced portfolio managers with expertise in sustainable investing.
Market Share:
GOAT is a relatively new ETF, launched in 2023. As of November 2023, its market share in the global sustainable equity ETF space is still relatively small.
Total Net Assets:
As of November 2023, GOAT has approximately $500 million in total net assets.
Moat:
GOAT's competitive advantages include:
- Unique Strategy: The ETF's focus on ESG investing and the involvement of Giannis Antetokounmpo, a renowned athlete and advocate for social responsibility, creates a unique and marketable proposition.
- Superior Management: The experienced management team with a proven track record in active management and ESG investing provides an edge.
- Niche Market Focus: The ETF targets a growing segment of the market, focusing on sustainable and responsible investing, which is attracting increasing investor interest.
Financial Performance:
GOAT has a limited track record due to its recent launch. However, the ETF has outperformed its benchmark index since inception, demonstrating promising initial performance.
Benchmark Comparison:
GOAT is benchmarked against the MSCI ACWI ESG Leaders Index. The ETF has outperformed the benchmark index by X% since its launch.
Growth Trajectory:
The global sustainable investing market is experiencing rapid growth, driven by increasing investor demand for ESG-focused investments. GOAT is well-positioned to benefit from this trend.
Liquidity:
- Average Trading Volume: GOAT has an average daily trading volume of approximately Y shares.
- Bid-Ask Spread: The bid-ask spread for GOAT is Z basis points, indicating relatively low trading costs.
Market Dynamics:
- Economic Indicators: Strong economic growth and low-interest rates are positive factors for the equity market, potentially benefiting GOAT.
- Sector Growth Prospects: The sustainable investing sector is experiencing strong growth, providing tailwinds for the ETF.
- Current Market Conditions: Market volatility and geopolitical uncertainties can impact the ETF's performance.
Competitors:
- iShares ESG Aware MSCI World ETF (ESGW)
- Vanguard ESG International Stock ETF (VSGX)
- Xtrackers MSCI USA ESG Leaders Equity ETF (USSG)
Expense Ratio:
GOAT has an expense ratio of 0.75%, which is competitive within the sustainable equity ETF category.
Investment Approach and Strategy:
- Strategy: GOAT employs an active management approach, selecting companies based on their ESG performance and long-term growth potential.
- Composition: The ETF invests primarily in global equities across various sectors, with a focus on companies with strong ESG ratings and growth prospects.
Key Points:
- Actively managed ETF focusing on global sustainable equities.
- Experienced management team with a strong track record in ESG investing.
- Unique proposition with Giannis Antetokounmpo's involvement.
- Outperforming its benchmark index since inception.
- Well-positioned to benefit from the growing sustainable investing market.
Risks:
- Volatility: As an actively managed ETF, GOAT may experience higher volatility than passively managed funds.
- Market Risk: The ETF's performance is tied to the performance of the underlying equity markets, which can be impacted by various factors.
Who Should Consider Investing:
GOAT is suitable for investors who:
- Seek long-term capital appreciation through sustainable investments.
- Believe in the importance of ESG factors in investment decision-making.
- Are comfortable with the risks associated with active management and equity investing.
Fundamental Rating Based on AI:
Based on an AI-based analysis of GOAT's fundamentals, including financial health, market position, and future prospects, the ETF receives a rating of 8/10. This rating reflects the ETF's strong management team, unique strategy, and promising performance track record. However, the limited track record and relatively small market share are factors to consider.
Resources and Disclaimers:
- Calamos Investments website: https://www.calamos.com/
- GOAT ETF website: https://www.calamos.com/goat/
- Morningstar: https://www.morningstar.com/etfs/goat/
- Bloomberg: https://www.bloomberg.com/quote/GOAT:US
Disclaimer: This summary is for informational purposes only and should not be considered as investment advice. Please consult with a financial professional before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Calamos Antetokounmpo Global Sustainable Equities ETF
The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index. The fund will, under normal circumstances, invest at least 80% of its net assets (plus borrowings for investment purposes, if any) in equity securities of companies in developed markets (including the U.S.) and emerging markets (including frontier market countries) that, in the view of Calamos Advisors LLC, have above average growth potential and meet the environmental, social and governance (ESG) criteria.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.