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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Durables
Consumer Services
Stocks99.73%
Consumer Durables13.81%
Consumer Services10.02%
Producer Manufacturing9.21%
Process Industries8.01%
Consumer Non-Durables7.60%
Health Services6.75%
Health Technology6.40%
Commercial Services5.94%
Energy Minerals5.78%
Non-Energy Minerals5.43%
Retail Trade4.76%
Distribution Services4.11%
Utilities3.02%
Transportation2.91%
Industrial Services2.88%
Technology Services1.59%
Electronic Technology1.52%
Bonds, Cash & Other0.27%
Mutual fund0.16%
Cash0.12%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ECML invests in stocks. The fund's major sectors are Consumer Durables, with 13.81% stocks, and Consumer Services, with 10.02% of the basket. The assets are mostly located in the North America region.
ECML top holdings are Perdoceo Education Corporation and Dillard's, Inc. Class A, occupying 2.55% and 2.51% of the portfolio correspondingly.
ECML last dividends amounted to 0.31 USD. The year before, the issuer paid 0.24 USD in dividends, which shows a 22.31% increase.
ECML assets under management is 134.82 M USD. It's fallen 6.70% over the last month.
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.
Yes, ECML pays dividends to its holders with the dividend yield of 0.92%. The last dividend (Dec 31, 2024) amounted to 0.31 USD. The dividends are paid annually.
ECML shares are issued by Empirical Finance LLC under the brand Euclidean. The ETF was launched on May 18, 2023, and its management style is Active.
ECML expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
ECML follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ECML invests in stocks.
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 10.00% increase in three-month performance and has decreased by −0.10% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 10.00% increase in three-month performance and has decreased by −0.10% in a year.
ECML trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.