Etho Climate Leadership Etf Profile
| ETHO Etf | USD 54.22 0.44 0.82% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Etho Climate is selling at 54.22 as of the 23rd of April 2024; that is 0.82 percent increase since the beginning of the trading day. The etf's open price was 53.78. Etho Climate has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Etho Climate Leadership are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The index tracks the performance of the equity securities of a diversified set of U.S. companies that are leaders in their industry with respect to their carbon impact. Etho Climate is traded on NYSEARCA Exchange in the United States. More on Etho Climate Leadership
Moving together with Etho Etf
| 0.89 | VO | Vanguard Mid Cap | PairCorr |
| 0.95 | VXF | Vanguard Extended Market | PairCorr |
| 0.85 | IJH | iShares Core SP | PairCorr |
| 0.9 | IWR | iShares Russell Mid | PairCorr |
| 0.85 | MDY | SPDR SP MIDCAP | PairCorr |
| 0.93 | FV | First Trust Dorsey | PairCorr |
| 0.88 | IVOO | Vanguard SP Mid | PairCorr |
Etho Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Etho Climate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Etho Climate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Broad Equity ETFs, Mid-Cap Blend, ETFMG (View all Sectors) |
| Issuer | Amplify |
| Inception Date | 2015-11-18 |
| Benchmark | Etho Climate Leadership Index US |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 5,583.9 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Amplify Investments LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Charles Ragauss, Qiao Duan |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 289 |
| Market Maker | Virtu Financial |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 0.06 |
| Name | Etho Climate Leadership U.S. ETF |
| Currency Code | USD |
| Open Figi | BBG00BDQVV37 |
| In Threey Volatility | 20.45 |
| 1y Volatility | 20.93 |
| 200 Day M A | 53.325 |
| 50 Day M A | 56.3357 |
| Code | ETHO |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.11 |
Etho Climate Leadership [ETHO] is traded in USA and was established 2015-11-18. The fund is listed under Mid-Cap Blend category and is part of ETFMG family. The entity is thematically classified as Theme ETFs. Etho Climate Leadership currently have 147.67 M in assets under management (AUM). , while the total return for the last year was 3.9%.
Check Etho Climate Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Etho Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Etho Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Etho Climate Leadership Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Etho Climate Leadership Etf Constituents
| HASI | Hannon Armstrong Sustainable | Stock | Real Estate |
| ITRI | Itron Inc | Stock | Information Technology |
| OLED | Universal Display | Stock | Information Technology |
| WMS | Advanced Drainage Systems | Stock | Industrials |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care |
| TRIP | TripAdvisor | Stock | Communication Services |
| ENPH | Enphase Energy | Stock | Information Technology |
Etho Climate Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Etho Climate jumping above the current price in 90 days from now is about 91.97%. The Etho Climate Leadership probability density function shows the probability of Etho Climate etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.3819 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Etho Climate will likely underperform. Additionally, etho Climate Leadership has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Etho Climate to move above the current price in 90 days from now is about 91.97 (This Etho Climate Leadership probability density function shows the probability of Etho Etf to fall within a particular range of prices over 90 days) .
Etho Climate Leadership Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Etho Climate market risk premium is the additional return an investor will receive from holding Etho Climate long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Etho Climate. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Etho Climate's alpha and beta are two of the key measurements used to evaluate Etho Climate's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.07) |
Etho Climate Against Markets
Picking the right benchmark for Etho Climate etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Etho Climate etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Etho Climate is critical whether you are bullish or bearish towards Etho Climate Leadership at a given time. Please also check how Etho Climate's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Etho Climate without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
How to buy Etho Etf?
Before investing in Etho Climate, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Etho Climate. To buy Etho Climate etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Etho Climate. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Etho Climate etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Etho Climate Leadership etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Etho Climate Leadership etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Etho Climate Leadership, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Etho Etf please use our How to Invest in Etho Climate guide.
Already Invested in Etho Climate Leadership?
The danger of trading Etho Climate Leadership is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Etho Climate is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Etho Climate. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Etho Climate Leadership is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Etho Climate Leadership offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Etho Climate's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Etho Climate Leadership Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Etho Climate Leadership Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Etho Climate Leadership. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Etho Climate Leadership information on this page should be used as a complementary analysis to other Etho Climate's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Etho Climate Leadership is measured differently than its book value, which is the value of Etho that is recorded on the company's balance sheet. Investors also form their own opinion of Etho Climate's value that differs from its market value or its book value, called intrinsic value, which is Etho Climate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Etho Climate's market value can be influenced by many factors that don't directly affect Etho Climate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Etho Climate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Etho Climate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Etho Climate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.