Applied Finance Valuation Large Cap ETF
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.7%
1 yr return
27.2%
3 Yr Avg Return
9.3%
5 Yr Avg Return
N/A
Net Assets
$102 M
Holdings in Top 10
40.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.49%
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 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VSLU - Profile
Distributions
- YTD Total Return 6.7%
- 3 Yr Annualized Total Return 9.3%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameApplied Finance Valuation Large Cap ETF
-
Fund Family NameN/A
-
Inception DateApr 29, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Ragauss
Fund Description
Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities of large cap companies. The Fund defines large cap companies as companies with market capitalizations of $5 billion or more, measured at the time of purchase. In choosing investments, the Adviser typically selects large cap equity securities that it believes offer superior return potential and may consider, among other factors, a company’s valuation, projected future earnings, dividends, financing activity, growth potential, recent performance, and business strategy. To select securities for the Fund, the Adviser utilizes its proprietary research and valuation models that employ the factors described above to identify appropriate securities for the Fund.
The Adviser anticipates generally holding at least 200 different positions in the Fund’s portfolio. Although the Fund generally holds at least 200 different positions across a broad spectrum of sectors, it may at times take larger positions (greater than 5%) in certain holdings and/or sectors when its research and valuation models indicate that such investments are appropriate. As a result, the Fund will operate as a "non-diversified" fund, which means it can invest in fewer securities at any one time than a diversified fund.
The Fund may also invest in small and mid-cap companies, convertible securities, preferred stocks, rights and warrants.
The Adviser will typically sell a company from the Fund’s portfolio when the Adviser believes it no longer offers superior investment potential. The Adviser may also sell positions that have grown too large relative to the overall portfolio. The Fund’s investments will be the responsibility of the Adviser and the Fund’s sub-adviser, Tidal Investments, LLC (f/k/a Toroso Investments, LLC) (the “Sub-Adviser”).
VSLU - Performance
Return Ranking - Trailing
Period | VSLU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -51.8% | 22.1% | 95.21% |
1 Yr | 27.2% | -58.9% | 46.9% | 3.94% |
3 Yr | 9.3%* | -25.7% | 197.6% | N/A |
5 Yr | N/A* | -29.1% | 93.8% | N/A |
10 Yr | N/A* | -17.2% | 37.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | VSLU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.0% | -69.4% | 53.7% | N/A |
2022 | -16.9% | -94.0% | 152.6% | N/A |
2021 | N/A | -13.9% | 183.6% | N/A |
2020 | N/A | -18.2% | 8.9% | N/A |
2019 | N/A | -80.2% | 35.2% | N/A |
Total Return Ranking - Trailing
Period | VSLU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.7% | -97.2% | 22.1% | 95.78% |
1 Yr | 27.2% | -58.9% | 67.6% | 5.40% |
3 Yr | 9.3%* | -25.7% | 197.6% | N/A |
5 Yr | N/A* | -28.1% | 93.8% | N/A |
10 Yr | N/A* | -11.8% | 37.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | VSLU Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.8% | -69.4% | 53.7% | N/A |
2022 | -16.0% | -94.0% | 152.6% | N/A |
2021 | N/A | -13.9% | 183.6% | N/A |
2020 | N/A | -12.8% | 8.9% | N/A |
2019 | N/A | -60.0% | 35.2% | N/A |
VSLU - Holdings
Concentration Analysis
VSLU | Category Low | Category High | VSLU % Rank | |
---|---|---|---|---|
Net Assets | 102 M | 177 K | 1.21 T | 96.00% |
Number of Holdings | 322 | 2 | 4154 | 25.45% |
Net Assets in Top 10 | 30.5 M | 1.74 K | 270 B | 93.50% |
Weighting of Top 10 | 40.21% | 1.8% | 100.0% | 27.68% |
Top 10 Holdings
- MICROSOFT CORP 7.35%
- APPLE INC 6.94%
- ALPHABET INC CLASS A 5.08%
- META PLATFORMS INC 4.15%
- MATERCARD INC CLASS A 3.96%
- BROADCOM INC 3.87%
- VISA INC 2.73%
- HOME DEPOT INC THE 2.59%
- ABBVIE INC 1.81%
- JOHNSON JOHNSON 1.72%
Asset Allocation
Weighting | Return Low | Return High | VSLU % Rank | |
---|---|---|---|---|
Stocks | 99.84% | 0.00% | 130.24% | 6.98% |
Cash | 0.16% | -102.29% | 100.00% | 91.84% |
Preferred Stocks | 0.00% | 0.00% | 2.23% | 57.61% |
Other | 0.00% | -13.91% | 134.98% | 57.81% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 55.60% |
Bonds | 0.00% | -0.04% | 95.81% | 55.60% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VSLU % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 25.44% | 81.37% |
Technology | 0.00% | 0.00% | 48.94% | 27.38% |
Real Estate | 0.00% | 0.00% | 37.52% | 80.32% |
Industrials | 0.00% | 0.00% | 29.90% | 89.08% |
Healthcare | 0.00% | 0.00% | 60.70% | 24.79% |
Financial Services | 0.00% | 0.00% | 55.59% | 35.92% |
Energy | 0.00% | 0.00% | 41.64% | 63.59% |
Communication Services | 0.00% | 0.00% | 27.94% | 10.78% |
Consumer Defense | 0.00% | 0.00% | 49.14% | 30.25% |
Consumer Cyclical | 0.00% | 0.00% | 50.47% | 32.07% |
Basic Materials | 0.00% | 0.00% | 26.10% | 78.08% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VSLU % Rank | |
---|---|---|---|---|
US | 99.84% | 0.00% | 127.77% | 8.51% |
Non US | 0.00% | 0.00% | 33.51% | 79.05% |
VSLU - Expenses
Operational Fees
VSLU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.01% | 2.95% | 70.41% |
Management Fee | 0.49% | 0.00% | 2.00% | 44.91% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
VSLU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
VSLU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
VSLU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | N/A |
VSLU - Distributions
Dividend Yield Analysis
VSLU | Category Low | Category High | VSLU % Rank | |
---|---|---|---|---|
Dividend Yield | 0.56% | 0.00% | 19.15% | 31.46% |
Dividend Distribution Analysis
VSLU | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
VSLU | Category Low | Category High | VSLU % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -54.00% | 6.06% | 32.27% |
Capital Gain Distribution Analysis
VSLU | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.178 | OrdinaryDividend |
Dec 29, 2022 | $0.233 | OrdinaryDividend |
Dec 29, 2021 | $0.161 | OrdinaryDividend |
VSLU - Fund Manager Analysis
Managers
Charles Ragauss
Start Date
Tenure
Tenure Rank
Apr 29, 2021
1.09
1.1%
Mr. Ragauss currently serves as Director of Product Management at CSat Investment Advisory, having joined the it in April 2016. Prior to joiningCSat Investment Advisory, Mr. Ragauss was Assistant Vice President at Huntington National Bank (“Huntington”), where he was Product Manager for the Huntington Funds and Huntington Strategy Shares ETFs, a combined fund complex of almost $4 billion in assets under management. At Huntington, he led ETF development bringing to market some of the first actively managed ETFs. Mr. Ragauss joined Huntington in 2010. Mr. Ragauss attended Grand Valley State University where he received his Bachelor of Business Administration in Finance and International Business, as well as a minor in French. He is a member of both the National and West Michigan CFA societies and holds the CFA designation.
Paul Blinn
Start Date
Tenure
Tenure Rank
Apr 29, 2021
1.09
1.1%
Mr. Paul Blinn, portfolio manager, joined Applied Finance as a founding member in 2006 and has served as principal of Toreador Research & Trading LLC since that time. Mr. Blinn has over 25 years of capital market experience. Mr. Blinn’s background includes experience as an Executive Director at UBS, a global financial firm, and its predecessor entities from 1985 to 2000, as a Vice President of a leading option market maker, and a Senior Equity derivatives trader for a hedge fund from 2000 to 2005. Mr. Blinn graduated with honors from The University of Texas at Austin with a BBA in Finance.
Rafael Resendes
Start Date
Tenure
Tenure Rank
Apr 29, 2021
1.09
1.1%
In 1995, together with Daniel Obrycki, Mr. Resendes developed the Economic Margin framework to measure a firm’s economic, rather than as-reported accounting performance, and directly link corporate performance to valuation. Resendes graduated from The University of California, Berkeley with a Bachelor of Science in Finance and Economic Analysis. Resendes went on to earn his MBA from the University of Chicago. Resendes is also a member of the Phi Beta Kappa Society. Prior to co-founding Applied Finance, Mr. Resendes was a member of the Chicago Board of Trade and served as director of research for HOLT Value Associates. In 2003 Resendes began serving on the CFA Institute’s Speaker Retainer Program speaking to over 45 Financial Analyst Societies in 12 countries. Resendes has also served as a guest speaker for various equity valuation seminars, National Investor Relations Institute and served as a Professor at DePaul University in Chicago.
Michael Venuto
Start Date
Tenure
Tenure Rank
Apr 29, 2021
1.09
1.1%
Mr. Venuto is a co-founder and has been the Chief Investment Officer of the Toroso Investments, LLC since 2012. Mr. Venuto is an ETF industry veteran with over a decade of experience in the design and implementation of ETF-based investment strategies. Previously, he was Head of Investments at Global X Funds where he provided portfolio optimization services to institutional clients. Before that, he was Senior Vice President at Horizon Kinetics where his responsibilities included new business development, investment strategy and client and strategic initiatives.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.17 | 2.42 |