EEE

Essential 40 Stock ETF

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Key stats


Assets under management (AUM)
‪78.57 M‬USD
Fund flows (1Y)
‪3.37 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.7%

About Essential 40 Stock ETF


Issuer
Killir Kapital Management LLC
Brand
Essential 40
Expense ratio
0.70%
Home page
Inception date
Oct 21, 2024
Index tracked
Essential 40 Stock Index - Benchmark TR Gross
Management style
Passive
ESN aims to reflect an index composed of key blue-chip companies in the US. The fund primarily holds all 40 securities comprising the index, but with the flexibility to adjust holdings under specific conditions. Security selection is conducted by a committee that evaluates companies using a qualitative approach, focusing on their significance and stability across sectors such as technology, consumer goods, energy, and healthcare. The committee ensures diversified representation by selecting firms that are essential to the countrys economy. Each firm is equally weighted during annual rebalancing, ensuring consistent exposure across components. However, the fund may modify weightings throughout the year, allowing underweighting or overweighting to better align with the index. Additionally, ESN may use up to 20 percent of the fund assets to employ S&P 500 futures and options strategies. ESN converted from a mutual fund to an ETF with $70 million in assets.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Committee

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of October 30, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Finance
Stocks99.62%
Technology Services20.99%
Finance10.91%
Retail Trade9.85%
Electronic Technology7.90%
Health Technology7.33%
Transportation5.55%
Producer Manufacturing5.26%
Industrial Services5.09%
Utilities4.80%
Energy Minerals4.62%
Process Industries3.64%
Health Services2.70%
Commercial Services2.44%
Communications2.28%
Distribution Services2.18%
Consumer Services2.14%
Consumer Durables1.94%
Bonds, Cash & Other0.38%
Cash0.38%
Stock breakdown by region
100%
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