Key stats
About Euclidean Fundamental Value ETF
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Inception date
May 18, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
ISIN
US02072L4665
ECML targets stocks perceived to be undervalued and underappreciated by the market. Investments could be of any size across various sectors, excluding financials. Through a multi-step approach and quantitative screening process, the fund employs proprietary models to estimate a companys intrinsic value. It starts by screening all publicly traded stocks on the NYSE and Nasdaq, excluding non-US based and financial sector companies. It then applies machine learning to map each companys historical data to future earnings while estimating uncertainties in its forecast. Stocks are then ranked by how inexpensive they are relative to the forecast with consideration to potential value-traps or stocks that are currently considered inexpensive but likely to underperform over the next year. The top 60-70 companies are reviewed, with the actively managed fund having full discretion to override the model. The portfolio is rebalanced quarterly, with securities allocated with equal weights.
Related funds
Classification
What's in the fund
Exposure type
Consumer Durables
Consumer Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ECML trades at 33.31 USD today, its price has risen 0.80% in the past 24 hours. Track more dynamics on ECML price chart.
ECML net asset value is 33.74 today — it's risen 3.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ECML assets under management is 134.82 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ECML price has risen by 3.27% over the last month, and its yearly performance shows a −3.02% decrease. See more dynamics on ECML price chart.
NAV returns, another gauge of an ETF dynamics, showed a 11.51% increase in three-month performance and has increased by 1.18% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 11.51% increase in three-month performance and has increased by 1.18% in a year.
ECML fund flows account for −41.41 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ECML invests in stocks. See more details in our Analysis section.
ECML expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ECML isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ECML technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ECML shows the buy signal. See more of ECML technicals for a more comprehensive analysis.
Today, ECML technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ECML shows the buy signal. See more of ECML technicals for a more comprehensive analysis.
Yes, ECML pays dividends to its holders with the dividend yield of 0.92%.
ECML trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ECML shares are issued by Empirical Finance LLC
ECML follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 18, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.