Adaptive Alpha Opportunities ETF
Ticker
AGOX
ISIN
US85521B742
Price
USD 29.03
Change Today
-0.15 / -0.514 %
Price 1 year ago
23.42 / 23.973 %
Morningstar
5
52 Week Low
23.41
52 Week High
29.62
200 Day Moving Average 27.15
27.15
50-day Moving Average
28.97
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.98 |
| Sortino Ratio | -0.02 |
| Maximum Drawdown | -1.6% |
| Maximum Drawdown Date | 2024-01-09 |
| Calmar Ratio | -12.87 |
1 year
| Parameter | Value |
|---|---|
| Return | 0.78 |
| Volatility | 2.487% |
| Alpha | +1.81 |
| Beta | None |
| R Squared | +93.62 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 6.609% |
| Average Annual Volatility | 17.752% |
| Sharpe Ratio | 0.37 |
| Sortino Ratio | 0.36 |
| Maximum Drawdown | -28.000000000000004% |
| Maximum Drawdown Date | 2022-10-14 |
| Calmar Ratio | -0.28 |
Company information
Summary
The investment seeks capital appreciation. The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The manager primarily utilizes ETFs and equities but may also use fixed income securities to diversify its asset classes. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.
Market
US
Category
Tactical Allocation
Expense Ratio
1.69%
Fund family
Adaptive ETF
Morningstar
5
Yield
0.0008
Exchange
PCX
| Sector | Weight |
|---|---|
| Technology | 24.50% |
| Financial services | 21.61% |
| Industrials | 9.01% |
| Healthcare | 7.38% |
| Basic materials | 4.56% |
| Energy | 3.98% |
| Consumer cyclical | 3.68% |
| Communication services | 2.23% |
| Consumer defensive | 1.33% |
| Realestate | 1.14% |
| Utilities | 0.49% |
| Country | Ratio |
|---|---|
| United States | 86.09 |
| Mexico | 1.80 |
| France | 1.56 |
| United Kingdom | 1.34 |
| Japan | 1.25 |
| Spain | 1.06 |
| Netherlands | 0.93 |
| Greece | 0.85 |
| Switzerland | 0.84 |
| Austria | 0.84 |
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| XHB | SPDR® S&P Homebuilders ETF | 4.67% |
| DBC | Invesco DB Commodity Tracking | 4.58% |
| SMH | VanEck Vectors Semiconductor ETF | 4.47% |
| XLF | Financial Select Sector SPDR® ETF | 4.4% |
| EFA | iShares MSCI EAFE ETF | 4.36% |
| XLK | Technology Select Sector SPDR® ETF | 4.33% |
| SKYY | First Trust Cloud Computing ETF | 4.24% |
| DBA | Invesco DB Agriculture | 4.16% |
| KCE | SPDR® S&P Capital Markets ETF | 4.01% |
| RYT | Invesco S&P 500® Equal Weight Tech ETF | 3.94% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| AGOX | Adaptive Alpha Opportunities ETF | US85521B742 | PCX | 1.69% | 5 | +1.81 | |
| FEMS | First Trust Emerging Markets Small Cap AlphaDEX Fund | IECBI004362 | NGM | 0.80% | 4 | +9.56 | |
| FLN | First Trust Latin America AlphaDEX Fund | US33737J125 | NGM | 0.80% | 4 | +17.84 | |
| FXG | First Trust Consumer Staples AlphaDEX Fund | US33734X119 | PCX | 0.64% | 4 | +8.53 | |
| FXL | First Trust Technology AlphaDEX Fund | US33734X176 | PCX | 0.61% | 4 | -2.78 | |
| FXO | First Trust Financials AlphaDEX Fund | US33734X135 | PCX | 0.61% | 4 | +11.68 | |
| FXZ | First Trust Materials AlphaDEX Fund | US33734X168 | PCX | 0.64% | 4 | +37.87 | |
| GDMA | Alpha Architect Gadsden Dynamic Multi-Asset ETF | US02072L870 | PCX | 0.87% | 4 | -9.75 | -- |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.