ERShares Private-Public Crossover ETFERShares Private-Public Crossover ETFERShares Private-Public Crossover ETF

ERShares Private-Public Crossover ETF

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Key stats


Assets under management (AUM)
‪488.36 M‬USD
Fund flows (1Y)
‪310.75 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.1%
Shares outstanding
‪23.02 M‬
Expense ratio
0.75%

About ERShares Private-Public Crossover ETF


Issuer
Capital Impact Advisors LLC
Brand
ERShares
Inception date
Nov 7, 2017
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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
Capital Impact Advisors LLC
ISIN
US2938288774
XOVR places a cap on the AUM for the fund, thus when reached, the fund will trade more like a closed-end fund. Investors should monitor AUM levels. The fund is actively managed but uses roughly 85% of the assets to track an index. The index is computed by the London Stock Exchange, which consists of 30 stocks that meet a minimum threshold for entrepreneurial factors. The index is constructed using a bottom-up analysis of factors such as momentum, sector, growth, value, leverage, market-cap, and geographic orientation. XOVR will hold the majority of its assets in tracking the index, with a balance held in private equity. The index is reconstituted and rebalanced quarterly, with 15-20 percent quarterly turnover rate. Important to note, prior to August 29,2024, the fund was actively managed, trading under the ticker ENTR with a focus on US large-cap growth stocks. However, given the changes to composition, portfolio weights, frequency of trades, and the added exposure to private equity, the performance in XOVR is expected to diverge from previous performance.

Broaden your horizons with more funds linked to XOVR via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Finance
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
XOVR trades at 21.38 USD today, its price has risen 0.75% in the past 24 hours. Track more dynamics on XOVR price chart.
XOVR net asset value is 21.35 today — it's risen 9.99% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
XOVR assets under management is ‪488.36 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
XOVR price has risen by 10.72% over the last month, and its yearly performance shows a 33.21% increase. See more dynamics on XOVR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.99% over the last month, showed a 18.09% increase in three-month performance and has increased by 36.60% in a year.
XOVR fund flows account for ‪310.75 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
XOVR invests in stocks. See more details in our Analysis section.
XOVR expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, XOVR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, XOVR technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating XOVR shows the buy signal. See more of XOVR technicals for a more comprehensive analysis.
XOVR trades at a premium (0.14%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
XOVR shares are issued by Capital Impact Advisors LLC
XOVR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 7, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.