Key stats
About Essential 40 Stock ETF
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Inception date
Oct 21, 2024
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
KKM Financial LLC
Distributor
Northern Lights Distributors LLC
Identifiers
3
ISIN US6649257085
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
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
Finance
Electronic Technology
Stocks99.13%
Technology Services15.57%
Finance12.47%
Electronic Technology10.54%
Retail Trade9.38%
Health Technology7.61%
Energy Minerals5.58%
Transportation5.41%
Non-Energy Minerals5.20%
Industrial Services5.18%
Producer Manufacturing4.91%
Utilities4.76%
Communications2.80%
Distribution Services2.77%
Process Industries2.68%
Consumer Durables2.35%
Health Services1.92%
Bonds, Cash & Other0.87%
Cash0.87%
Stock breakdown by region
North America97.41%
Europe2.59%
Latin America0.00%
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
ESN invests in stocks. The fund's major sectors are Technology Services, with 15.57% stocks, and Finance, with 12.47% of the basket. The assets are mostly located in the North America region.
ESN top holdings are Exxon Mobil Corporation and FedEx Corporation, occupying 2.87% and 2.81% of the portfolio correspondingly.
ESN last dividends amounted to 0.15 USD. The year before, the issuer paid 0.00 USD in dividends, which shows a 98.50% increase.
ESN assets under management is 214.67 M USD. It's risen 8.49% over the last month.
ESN fund flows account for 105.58 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, ESN pays dividends to its holders with the dividend yield of 0.84%. The last dividend (Dec 19, 2025) amounted to 0.16 USD. The dividends are paid annually.
ESN shares are issued by Killir Kapital Management LLC under the brand KKM Financial. The ETF was launched on Oct 21, 2024, and its management style is Passive.
ESN expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
ESN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ESN invests in stocks.
ESN price has risen by 3.72% over the last month, and its yearly performance shows a 18.01% increase. See more dynamics on ESN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.50% over the last month, showed a 8.80% increase in three-month performance and has increased by 18.86% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.50% over the last month, showed a 8.80% increase in three-month performance and has increased by 18.86% in a year.
ESN trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.