Key stats
About LHA Market State Tactical Q ETF
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Inception date
Mar 15, 2022
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
Little Harbor Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US26922B7331
MSTQ defines the US large-cap growth equity space as the Nasdaq 100 Index. The funds baseline exposure each day is long 100%, via shares of Invesco NASDAQ 100 ETF (QQQ) or Index futures. Using various risk models, the portfolio managers adjust the baseline exposure by aiming to quantify the direction and magnitude of market volatility expectations. The models analyze aspects such as 30- and 90-day implied volatility indexes and VIX Index futures. Based on this information, the net portfolio exposure is expected to range between 80%-120%. Various strategies and products may be used to provide the chosen exposure, such as leverage and inverse ETFs, VIX options and futures, E-mini Nasdaq 100 futures contracts, and US Treasury securities. The fund aims to provide index plus returns during rising markets or calm volatility and preserve capital or uncorrelated returns during times of increased volatility. The strategy may result in frequent trading, resulting in high turnover.
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
ETF
Government
Mutual fund
Bonds, Cash & Other100.00%
ETF51.22%
Government28.85%
Mutual fund19.46%
Cash0.46%
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
MSTQ invests in funds. The fund's major sectors are ETF, with 51.22% stocks, and Mutual fund, with 19.46% of the basket. The assets are mostly located in the North America region.
MSTQ top holdings are Invesco QQQ Trust Series I and United States Treasury Bills 0.0% 22-JAN-2026, occupying 51.22% and 16.34% of the portfolio correspondingly.
MSTQ last dividends amounted to 0.61 USD. The year before, the issuer paid 0.25 USD in dividends, which shows a 59.13% increase.
MSTQ assets under management is 28.99 M USD. It's risen 1.48% over the last month.
MSTQ fund flows account for 3.26 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, MSTQ pays dividends to its holders with the dividend yield of 0.93%. The last dividend (Jan 2, 2025) amounted to 1.21 USD. The dividends are paid annually.
MSTQ shares are issued by Little Harbor Advisors LLC under the brand Little Harbor Advisors. The ETF was launched on Mar 15, 2022, and its management style is Active.
MSTQ expense ratio is 1.59% meaning you'd have to pay 1.59% of your investment to help manage the fund.
MSTQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSTQ invests in funds.
MSTQ price has risen by 1.09% over the last month, and its yearly performance shows a 20.53% increase. See more dynamics on MSTQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a 6.57% increase in three-month performance and has increased by 43.11% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.47% over the last month, showed a 6.57% increase in three-month performance and has increased by 43.11% in a year.
MSTQ trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.