Gadsden Dynamic Multi-Asset ETF
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.0%
1 yr return
10.6%
3 Yr Avg Return
2.4%
5 Yr Avg Return
6.3%
Net Assets
$188 M
Holdings in Top 10
98.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GDMA - Profile
Distributions
- YTD Total Return 7.0%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 6.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.73%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameGadsden Dynamic Multi-Asset ETF
-
Fund Family NameAlpha Architect
-
Inception DateNov 14, 2018
-
Shares Outstanding4020000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKevin Harper
Fund Description
GDMA - Performance
Return Ranking - Trailing
Period | GDMA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -3.2% | 57.3% | 94.07% |
1 Yr | 10.6% | -2.8% | 64.3% | 98.26% |
3 Yr | 2.4%* | -5.5% | 13.7% | 51.70% |
5 Yr | 6.3%* | -3.3% | 19.4% | 67.68% |
10 Yr | N/A* | 0.9% | 11.9% | 54.02% |
* Annualized
Return Ranking - Calendar
Period | GDMA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -2.3% | -12.2% | 23.9% | 98.70% |
2022 | -3.2% | -34.7% | 2.8% | 1.61% |
2021 | 1.8% | -11.9% | 18.1% | 73.29% |
2020 | 20.3% | -20.9% | 39.7% | 1.90% |
2019 | 8.1% | 0.8% | 25.7% | 96.90% |
Total Return Ranking - Trailing
Period | GDMA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -3.2% | 57.3% | 94.07% |
1 Yr | 10.6% | -2.8% | 64.3% | 98.26% |
3 Yr | 2.4%* | -5.5% | 13.7% | 51.70% |
5 Yr | 6.3%* | -3.3% | 19.4% | 67.68% |
10 Yr | N/A* | 0.9% | 11.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GDMA Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -12.2% | 26.8% | 98.12% |
2022 | -2.1% | -29.0% | 10.9% | 2.35% |
2021 | 4.0% | -3.0% | 27.3% | 97.57% |
2020 | 21.1% | -19.5% | 40.6% | 3.97% |
2019 | 11.6% | 2.2% | 32.7% | 98.86% |
GDMA - Holdings
Concentration Analysis
GDMA | Category Low | Category High | GDMA % Rank | |
---|---|---|---|---|
Net Assets | 188 M | 789 K | 230 B | 77.79% |
Number of Holdings | 12 | 2 | 16015 | 85.14% |
Net Assets in Top 10 | 145 M | 577 K | 69.8 B | 68.98% |
Weighting of Top 10 | 97.99% | 10.8% | 122.7% | 15.87% |
Top 10 Holdings
- Alpha Architect 1-3 Month Box ETF 18.15%
- Sofi Select 500 ETF 15.57%
- Janus Henderson AAA CLO ETF 15.12%
- Vanguard FTSE Europe ETF 14.29%
- Vanguard SP 500 ETF 10.27%
- Vanguard Total International Stock ETF 7.50%
- NVIDIA Corp 5.64%
- Invesco Senior Loan ETF 5.44%
- abrdn Physical Gold Shares ETF 3.03%
- Panagram Bbb-B Clo Etf 2.98%
Asset Allocation
Weighting | Return Low | Return High | GDMA % Rank | |
---|---|---|---|---|
Stocks | 99.34% | 0.00% | 100.16% | 27.27% |
Cash | 1.18% | -7.92% | 100.00% | 54.11% |
Preferred Stocks | 0.00% | 0.00% | 23.91% | 100.00% |
Other | 0.00% | -42.55% | 113.97% | 91.92% |
Convertible Bonds | 0.00% | 0.00% | 23.84% | 100.00% |
Bonds | 0.00% | 0.00% | 74.58% | 100.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GDMA % Rank | |
---|---|---|---|---|
Energy | 85.65% | 0.00% | 85.65% | 0.15% |
Basic Materials | 14.35% | 0.00% | 33.35% | 2.04% |
Utilities | 0.00% | 0.00% | 99.55% | 100.00% |
Technology | 0.00% | 0.00% | 44.21% | 100.00% |
Real Estate | 0.00% | 0.00% | 65.01% | 100.00% |
Industrials | 0.00% | 0.00% | 24.37% | 100.00% |
Healthcare | 0.00% | 0.00% | 29.35% | 100.00% |
Financial Services | 0.00% | 0.00% | 38.77% | 100.00% |
Communication Services | 0.00% | 0.00% | 38.10% | 100.00% |
Consumer Defense | 0.00% | 0.00% | 15.14% | 100.00% |
Consumer Cyclical | 0.00% | 0.00% | 19.36% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GDMA % Rank | |
---|---|---|---|---|
US | 99.34% | 0.00% | 100.16% | 27.27% |
Non US | 0.00% | 0.00% | 39.06% | 100.00% |
GDMA - Expenses
Operational Fees
GDMA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.03% | 17.63% | 67.43% |
Management Fee | 0.59% | 0.00% | 1.83% | 70.77% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 14.81% |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
GDMA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GDMA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
GDMA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 343.00% | 98.72% |
GDMA - Distributions
Dividend Yield Analysis
GDMA | Category Low | Category High | GDMA % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.90% | 14.33% |
Dividend Distribution Analysis
GDMA | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
GDMA | Category Low | Category High | GDMA % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.73% | -2.34% | 19.41% | 72.39% |
Capital Gain Distribution Analysis
GDMA | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $1.248 | OrdinaryDividend |
Dec 27, 2022 | $0.364 | OrdinaryDividend |
Dec 30, 2021 | $0.574 | OrdinaryDividend |
Sep 13, 2021 | $0.087 | OrdinaryDividend |
Mar 15, 2021 | $0.006 | OrdinaryDividend |
Dec 30, 2020 | $0.127 | OrdinaryDividend |
Sep 22, 2020 | $0.003 | OrdinaryDividend |
Jun 23, 2020 | $0.032 | OrdinaryDividend |
Mar 24, 2020 | $0.032 | OrdinaryDividend |
Dec 23, 2019 | $0.217 | OrdinaryDividend |
Dec 23, 2019 | $0.330 | CapitalGainShortTerm |
Sep 17, 2019 | $0.046 | OrdinaryDividend |
Jun 24, 2019 | $0.161 | OrdinaryDividend |
Mar 12, 2019 | $0.071 | OrdinaryDividend |
Dec 28, 2018 | $0.152 | OrdinaryDividend |
GDMA - Fund Manager Analysis
Managers
Kevin Harper
Start Date
Tenure
Tenure Rank
Nov 14, 2018
3.55
3.6%
Kevin R. Harper, MBA, Chief Investment Officer of Gadsden, LLC, has been with Gadsden, LLC since its founding in 2017 and with affiliates of the firm since 2013. Mr. Harper is responsible for the development and implementation of the Adviser’s investment strategy and the design of the firm’s research infrastructure and is the Chairman of the Adviser investment committee. He has 20 years of experience, including nine years working for and investing on behalf of leading Ivy League endowments. Most recently, he served as Senior Portfolio Manager from 2010 to 2013 for Forefront Analytics, a multi-family office and an institutional alternatives advisor to multi-billion Taft-Hartley and Fortune 50 pension plans. Mr. Harper obtained his undergraduate degree and Master of Business Administration from The Wharton School at the University of Pennsylvania.
Brandon Koepke
Start Date
Tenure
Tenure Rank
Nov 02, 2020
1.58
1.6%
Mr. Brandon Koepke serves as Chief Technology Officer & Portfolio Manager. Mr. Koepke has a BSc in Computer Science specializing in Software Engineering at the University of Calgary and a BComm in Finance from the Haskayne School of Business.
Richard Shaner
Start Date
Tenure
Tenure Rank
Jan 31, 2022
0.33
0.3%
Mr. Richard Shaner has been portfolio manager of the Fund since 2021. Mr. Shaner has advised on trading and execution matters for the Adviser since January 2021, where he supports trading operations and assists in quantitative research. Prior to Mr. Shaner’s tenure with the Adviser, Mr. Shaner executed various trading strategies for a private family office. Mr. Shaner has a B.Sc in Kinesiology and Applied Physiology from the University of Colorado. He is also a CFA® Charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.36 | 2.41 |