ETF overview
This ETF is designed to invest in a curated selection of large and mid-capitalization U.S. companies, targeting those that exhibit exceptional quality, favorable valuations, strong dividend prospects, and promising growth indicators across various industries. The fund's strategy emphasizes an equally weighted structure for its holdings, coupled with a deliberate optimization of sector exposure. The sub-adviser employs a unique quantitative screening process to identify potential investments. This rigorous methodology evaluates securities using a range of factors, such as Return on Equity (ROE), Return on Investment (ROI), Price-to-Earnings (P/E) ratios, dividend yields, projected growth estimates, and earnings momentum. Crucially, the fund applies only those metrics deemed most relevant and effective for defining and assessing companies within each specific sector. From this meticulous analysis, 50 to 100 top-performing stocks are chosen based on their weighted average rank across the selected criteria. As an actively managed vehicle, the sub-adviser consistently monitors these investments through a systematic quantitative approach. This ongoing oversight enables the fund to dynamically adjust its positions, leveraging the sub-adviser's expert assessment and discretion to navigate changes in economic conditions, valuations, or corporate earnings. It is also notable that on April 22, 2024, the fund formally incorporated "Equal Weight" into its name.
Fund facts
- Expense ratio
- 0.49%
- Fund assets
- 258.07M USD (all share classes)
- Issuer
- Astoria
- Inception date
- Jul 31, 2023
- Number of holdings
- 101
Breakdown
Holdings (101)
| Name | Ticker | Weight |
|---|---|---|
| PTC Inc | PTC | 1.38% |
| McKesson Corp | MCK | 1.20% |
| Paycom Software Inc | PAYC | 1.16% |
| Cardinal Health Inc | CAH | 1.14% |
| EOG Resources Inc | EOG | 1.12% |
| Hasbro Inc | HAS | 1.11% |
| Expand Energy Corp | EXE | 1.10% |
| Lockheed Martin Corp | LMT | 1.10% |
| Allstate Corp/The | ALL | 1.10% |
| ExxonMobil Holdings Corp | XOM | 1.10% |
| and 88 more | ||
Similar ETFs
- Invesco S&P 100 Equal Weight ETFEQWL · Overlap 40% · Expense ratio 0.30%
- EA Series Trust - Astoria US Quality Growth Kings ETFGQQQ · Overlap 39% · Expense ratio 0.35%
- Hartford Multifactor US Equity ETFROUS · Overlap 37% · Expense ratio 0.19%
- State Street SPDR MSCI USA StrategicFactors ETFQUS · Overlap 35% · Expense ratio 0.15%
- iShares MSCI USA Min Vol Factor ETFUSMV · Overlap 34% · Expense ratio 0.15%
- Tema S&P 500 Historical Weight ETF StrategyDSPY · Overlap 34% · Expense ratio 0.18%
- Fidelity U.S. Multifactor ETFFLRG · Overlap 33% · Expense ratio 0.15%
- Optimized Equity Income ETFOEI · Overlap 33% · Expense ratio 1.02%
Overlap is the share of assets the two funds hold in common.
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.49%
- Fund assets
- 258.07M USD (all share classes)
- Issuer
- Astoria
- Inception date
- Jul 31, 2023
- Number of holdings
- 101
| Name | Ticker | Weight |
|---|---|---|
| PTC Inc | PTC | 1.38% |
| McKesson Corp | MCK | 1.20% |
| Paycom Software Inc | PAYC | 1.16% |
| Cardinal Health Inc | CAH | 1.14% |
| EOG Resources Inc | EOG | 1.12% |
| Hasbro Inc | HAS | 1.11% |
| Expand Energy Corp | EXE | 1.10% |
| Lockheed Martin Corp | LMT | 1.10% |
| Allstate Corp/The | ALL | 1.10% |
| ExxonMobil Holdings Corp | XOM | 1.10% |
| and 88 more | ||
This ETF is designed to invest in a curated selection of large and mid-capitalization U.S. companies, targeting those that exhibit exceptional quality, favorable valuations, strong dividend prospects, and promising growth indicators across various industries. The fund's strategy emphasizes an equally weighted structure for its holdings, coupled with a deliberate optimization of sector exposure. The sub-adviser employs a unique quantitative screening process to identify potential investments. This rigorous methodology evaluates securities using a range of factors, such as Return on Equity (ROE), Return on Investment (ROI), Price-to-Earnings (P/E) ratios, dividend yields, projected growth estimates, and earnings momentum. Crucially, the fund applies only those metrics deemed most relevant and effective for defining and assessing companies within each specific sector. From this meticulous analysis, 50 to 100 top-performing stocks are chosen based on their weighted average rank across the selected criteria. As an actively managed vehicle, the sub-adviser consistently monitors these investments through a systematic quantitative approach. This ongoing oversight enables the fund to dynamically adjust its positions, leveraging the sub-adviser's expert assessment and discretion to navigate changes in economic conditions, valuations, or corporate earnings. It is also notable that on April 22, 2024, the fund formally incorporated "Equal Weight" into its name.
- Invesco S&P 100 Equal Weight ETFEQWL · Overlap 40% · Expense ratio 0.30%
- EA Series Trust - Astoria US Quality Growth Kings ETFGQQQ · Overlap 39% · Expense ratio 0.35%
- Hartford Multifactor US Equity ETFROUS · Overlap 37% · Expense ratio 0.19%
- State Street SPDR MSCI USA StrategicFactors ETFQUS · Overlap 35% · Expense ratio 0.15%
- iShares MSCI USA Min Vol Factor ETFUSMV · Overlap 34% · Expense ratio 0.15%
- Tema S&P 500 Historical Weight ETF StrategyDSPY · Overlap 34% · Expense ratio 0.18%
- Fidelity U.S. Multifactor ETFFLRG · Overlap 33% · Expense ratio 0.15%
- Optimized Equity Income ETFOEI · Overlap 33% · Expense ratio 1.02%
Overlap is the share of assets the two funds hold in common.
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