Key stats
About Exchange Listed Funds Trust Akros Monthly Payout ETF
Expense ratio
0.59%
Home page
Inception date
May 6, 2022
MPAY seeks potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, the fund only considers US-listed stocks with a market-cap of at least $1 billion. A proprietary algorithm analyzes historical financial and trading data to rank and select the top stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.
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
Technology Services
Electronic Technology
ETF
Stocks66.96%
Technology Services21.91%
Electronic Technology17.98%
Retail Trade9.05%
Producer Manufacturing4.58%
Commercial Services3.73%
Consumer Services2.53%
Health Technology2.36%
Finance1.76%
Consumer Non-Durables1.53%
Transportation0.83%
Consumer Durables0.69%
Bonds, Cash & Other33.04%
ETF33.04%
Top 10 holdings
Dividends
Dividend payout history