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Trending ETFs

Name

As of 03/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.30

$19.4 M

1.37%

$0.15

0.75%

Vitals

YTD Return

-0.4%

1 yr return

-11.1%

3 Yr Avg Return

-17.4%

5 Yr Avg Return

-3.5%

Net Assets

$19.4 M

Holdings in Top 10

22.0%

52 WEEK LOW AND HIGH

$11.3
$10.94
$13.59

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 316.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 03/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.30

$19.4 M

1.37%

$0.15

0.75%

ERSX - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return -17.4%
  • 5 Yr Annualized Total Return -3.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.04%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ERShares NextGen Entrepreneurs ETF
  • Fund Family Name
    EntrepreneurShares Series Trust
  • Inception Date
    Dec 27, 2018
  • Shares Outstanding
    1730000
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Joel Shulman

Fund Description

The Fund is an actively managed exchange-traded fund (“ETF”) that invests primarily in companies that meet the highest conviction threshold (top quartile) of the advisor’s proprietary Entrepreneur Factor (“EF”) model. The advisor believes that companies that meet the EF model are led by dynamic leaders who engage innovation and implement solutions that create value for shareholders and other stakeholders. The companies that are relevant to this theme tend to rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to various categories (cited below). The EF model incorporates a bottom-up investment orientation, that includes investment criteria such as management attributes, sector, growth, value, leverage, market capitalization (size), momentum, and geographic orientation. With the aid of thematic research, the advisor also incorporates a macro-economic, top-down approach that integrates changing investment flows, innovation entry points, sector growth and other proprietary characteristics into a dynamic, global perspective model. The portfolio demonstrates strong ESG (Environmental, Social and Governance) characteristics because the EF model actively integrates ESG considerations. The EF model focuses on sectors that have low environmental impact, as measured by carbon footprint. Moreover, governance traits are central to the management attributes, as measured, for example, by executive turnover of the EF model as well as growth considerations that provide strong social contributions to communities, as measured by job creation.

Under normal market conditions, the Fund invests primarily in companies domiciled or headquartered outside of the U.S., or whose primary business activities or principal trading markets are located outside of the U.S. The Fund invests primarily in equity securities of small- and mid-capitalization ($500 million to $10 billion) companies traded on major global exchanges. Equity securities include common stocks, preferred stocks, convertible preferred stocks, American Depositary Receipts (ADRs) (sponsored only) and Global

Depositary Receipts (GDRs) (sponsored only). ADRs are U.S. dollar-denominated receipts, generally issued by domestic banks and traded on a U.S. exchange or over-the- counter, that represent an investment in a non-U.S. company. GDRs may be offered privately in the U.S. and also trade in public or private markets in other countries. The Fund may invest in companies tied economically to countries with developing (or “emerging market”) economies. Emerging market countries are generally located in Asia, Africa, the Middle East, Latin America and Eastern Europe. Countries with emerging market economies may be less sophisticated than developed markets in terms of participation by investors, analyst coverage, liquidity and regulation. The Fund’s portfolio is composed of both growth and value stocks.

Companies that meet the EF criteria are typically found in the following categories:

Artificial Intelligence and Robotics MedTech and Diagnostics
Cloud Computing Nanotechnology
Genetic Engineering and Biotech NextGen Transportation
Digital Economy Renewable Energy
E-Commerce Space Exploration
FinTech Sustainable Food Products
Intelligent Manufacturing 3D Printing
Interactive Entertainment 5G & NextGen Communication

In the process of evaluating over 55,000 global public companies for entrepreneurial characteristics through the EF model, the advisor seeks to exploit techniques to develop a more sophisticated assessment of targeted investments.

The EF model seeks to identify companies that may experience unique cost efficiencies or an expansion of demand through disruptive innovation or adjustments in their respective industries. The advisor seeks to exploit these demand expansions/cost utilizations by applying its investment methodology across multiple industry sectors though typically focuses on the Information Technology, HealthCare, Communication Services and Consumer Discretionary sectors. The advisor generally will sell a portfolio security when it believes the security will no longer increase in value at the same rate as it has in the past, changing fundamentals signal a deteriorating value potential, or other securities with entrepreneurial characteristics have better price performance potential. When the advisor believes market conditions are unfavorable, it may use options and short selling to hedge a portion or all of the portfolio’s market risk. The advisor may engage in frequent trading to achieve the Fund’s investment objective. The Fund is non-diversified and therefore may invest a greater percentage of its assets in a particular company than a diversified fund.

The Fund may engage in securities lending. The Fund may engage in frequent trading of the portfolio, resulting in a high portfolio turnover rate.

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ERSX - Performance

Return Ranking - Trailing

Period ERSX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -4.2% 9.1% 59.52%
1 Yr -11.1% -19.5% 28.3% 99.21%
3 Yr -17.4%* -28.3% 1.7% 99.14%
5 Yr -3.5%* -8.0% 10.5% 99.12%
10 Yr N/A* 0.8% 7.1% 57.47%

* Annualized

Return Ranking - Calendar

Period ERSX Return Category Return Low Category Return High Rank in Category (%)
2023 -5.4% -16.8% 28.8% 99.21%
2022 -32.4% -46.4% -21.4% 61.48%
2021 -22.6% -30.6% 16.4% 96.55%
2020 33.9% -1.5% 62.8% 17.24%
2019 13.4% 9.7% 44.0% 97.35%

Total Return Ranking - Trailing

Period ERSX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -4.2% 9.1% 59.52%
1 Yr -11.1% -19.5% 28.3% 99.21%
3 Yr -17.4%* -28.3% 1.7% 99.14%
5 Yr -3.5%* -8.0% 10.5% 99.12%
10 Yr N/A* 0.8% 7.1% N/A

* Annualized

Total Return Ranking - Calendar

Period ERSX Return Category Return Low Category Return High Rank in Category (%)
2023 -5.1% -16.5% 30.7% 99.21%
2022 -32.4% -46.4% -18.5% 68.03%
2021 -4.7% -30.6% 24.7% 97.41%
2020 34.6% 1.6% 68.3% 20.69%
2019 15.2% 9.7% 44.0% 97.35%

ERSX - Holdings

Concentration Analysis

ERSX Category Low Category High ERSX % Rank
Net Assets 19.4 M 25.2 K 6.04 B 81.89%
Number of Holdings 81 39 1618 62.99%
Net Assets in Top 10 4.61 M 686 K 1.06 B 82.68%
Weighting of Top 10 22.03% 5.3% 53.0% 61.42%

Top 10 Holdings

  1. Medacta Group S.A. 3.12%
  2. CRISPR Therapeutics A.G. 2.33%
  3. Galapagos N.V. 2.24%
  4. Telix Pharmaceuticals Ltd. 2.23%
  5. SEEK Ltd. 2.14%
  6. Sinch A.B. 2.14%
  7. Wix.com Ltd. 2.05%
  8. SHIFT, Inc. 1.94%
  9. Toast, Inc. 1.93%
  10. Catalyst Pharmaceuticals, Inc. 1.92%

Asset Allocation

Weighting Return Low Return High ERSX % Rank
Stocks
94.85% 89.56% 99.81% 79.53%
Cash
5.15% 0.00% 11.63% 22.05%
Preferred Stocks
0.00% 0.00% 8.16% 70.08%
Other
0.00% -0.09% 5.11% 70.08%
Convertible Bonds
0.00% 0.00% 0.00% 58.27%
Bonds
0.00% 0.00% 2.66% 59.84%

Stock Sector Breakdown

Weighting Return Low Return High ERSX % Rank
Technology
22.28% 6.70% 37.76% 31.50%
Consumer Cyclical
15.68% 1.31% 28.28% 5.51%
Financial Services
12.68% 1.92% 22.28% 23.62%
Healthcare
9.61% 1.74% 29.97% 62.20%
Communication Services
8.30% 1.49% 23.23% 16.54%
Basic Materials
8.11% 0.00% 18.70% 30.71%
Real Estate
7.85% 0.00% 13.00% 7.09%
Industrials
7.47% 0.00% 40.13% 97.64%
Consumer Defense
4.77% 1.61% 17.90% 51.97%
Energy
2.33% 0.00% 9.29% 34.65%
Utilities
0.93% 0.00% 5.12% 38.58%

Stock Geographic Breakdown

Weighting Return Low Return High ERSX % Rank
US
49.45% 0.00% 49.45% 0.79%
Non US
45.40% 45.40% 98.57% 100.00%

ERSX - Expenses

Operational Fees

ERSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 41.09% 97.64%
Management Fee 0.75% 0.00% 1.75% 8.66%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.26% N/A

Sales Fees

ERSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ERSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ERSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 316.00% 8.00% 316.00% 100.00%

ERSX - Distributions

Dividend Yield Analysis

ERSX Category Low Category High ERSX % Rank
Dividend Yield 1.37% 0.00% 1.75% 0.79%

Dividend Distribution Analysis

ERSX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

ERSX Category Low Category High ERSX % Rank
Net Income Ratio -0.04% -1.81% 1.51% 54.92%

Capital Gain Distribution Analysis

ERSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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ERSX - Fund Manager Analysis

Managers

Joel Shulman


Start Date

Tenure

Tenure Rank

Dec 27, 2018

3.43

3.4%

Dr. Joel M. Shulman is the founder, managing director, and CIO of ERShares. His 25+ years of research at Babson College (ranked #1 in Entrepreneurship) and author of a best-selling book developed while at Harvard University, led to the formation of a proprietary investment model and the Entrepreneur Factor. Dr. Shulman previously founded and sold The Shulman Review, a CFA test-prep company that trained over 12,000+ investment professionals in 110+ countries around the world. He has provided consulting services to the World Bank and helped facilitate capital market development in Central Asian states. Dr. Shulman appears frequently in the media on Fox Business, CNBC, Yahoo Finance, Bloomberg, WSJ, Barrons, and Forbes (among others). He holds a Ph.D. in Finance, CFA charter holder, and an MPA from Harvard University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 28.52 5.66 0.17