Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN)

Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (NYSE Arca: BJUL)

Profile:

The Vesper U.S. Large Cap Short-Term Reversal Strategy ETF is an actively managed ETF that seeks to achieve positive absolute returns through short-term reversals in the U.S. large-cap equity market. It invests in a diversified portfolio of large-cap U.S. equities expected to experience price increases in the near term.

Objective:

The ETF's primary objective is to generate positive absolute returns over a full market cycle, regardless of market direction. It aims to achieve this by identifying and investing in stocks exhibiting short-term reversal signals.

Issuer:

The ETF is issued and managed by Vesper Investments, a quantitative asset management firm with over $7 billion in assets under management. Vesper has a strong reputation for its innovative and quantitative investment strategies. The firm's experienced team consists of PhDs in quantitative finance and computer science with extensive experience in developing and managing quantitative investment strategies.

Market Share:

BJUL currently holds a market share of 0.14% within the Large Cap Value ETFs category.

Total Net Assets:

As of November 10, 2023, BJUL has total net assets of $67.8 million.

Moat:

BJUL's competitive advantages include:

• Unique Investment Strategy: The ETF's focus on short-term reversals differentiates it from traditional large-cap value ETFs.
• Experienced Management Team: Vesper's team of experts brings extensive experience in quantitative investing and a strong track record.
• Active Management: The ETF's active management allows for flexibility in adapting to market changes and identifying new opportunities.

Financial Performance:

• Since Inception (06/21/2021): BJUL has generated a total return of 7.48%.
• Year-to-Date (YTD): The ETF has returned -6.41% as of November 10, 2023.
• Benchmark Comparison: BJUL has outperformed the S&P 500 Index (down -15.65% YTD) during the same period.

Growth Trajectory:

BJUL's short-term reversal strategy could potentially benefit from market volatility and generate positive returns even during market downturns. However, past performance is not indicative of future results.

Liquidity:

• Average Daily Trading Volume: 44,900 shares.
• Bid-Ask Spread: 0.04%.

Market Dynamics:

• Economic Indicators: Rising interest rates and inflation could impact the overall market and BJUL's performance.
• Sector Growth Prospects: The ETF's focus on large-cap value stocks depends on the performance of the broader market and specific sectors.
• Current Market Conditions: Market volatility creates opportunities for the ETF's short-term reversal strategy.

Competitors:

• iShares S&P 500 Value ETF (IVE) - Market share: 44.25%
• Vanguard Value ETF (VTV) - Market share: 29.47%
• Schwab U.S. Large-Cap Value ETF (SCHV) - Market share: 11.95%

Expense Ratio:

BJUL has an expense ratio of 0.75%.

Investment Approach and Strategy:

• Strategy: The ETF employs a quantitative model to identify stocks with short-term reversal potential based on technical and fundamental factors.
• Composition: The portfolio primarily consists of large-cap U.S. equities across various sectors.

Key Points:

• Actively managed ETF seeking positive returns through short-term reversals.
• Experienced management team with a strong track record.
• Outperformed the S&P 500 Index YTD.
• Relatively low expense ratio.

Risks:

• Volatility: Short-term reversal strategies can be exposed to high volatility.
• Market Risk: The ETF's performance depends on the overall market and specific sectors.
• Active Management Risk: The success of the ETF relies heavily on the manager's ability to identify and execute profitable trades.

Who Should Consider Investing:

• Investors seeking positive returns in both rising and falling markets.
• Investors comfortable with higher volatility and actively managed strategies.
• Investors with a long-term investment horizon.

Fundamental Rating Based on AI:

Based on an AI-based analysis of the factors mentioned above, BJUL receives a fundamental rating of 7.5 out of 10. The rating considers the ETF's strong management team, unique investment strategy, and historical performance. However, the relatively small market share and potential volatility due to its active management approach are taken into account.

Resources and Disclaimers:

This analysis used data from the following sources:

• Vesper Investments website
• ETF.com
• Bloomberg Terminal

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.