Key stats
About ERShares Private-Public Crossover ETF
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Inception date
Nov 7, 2017
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
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.
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
Finance
Stocks91.57%
Technology Services36.02%
Electronic Technology20.00%
Finance10.05%
Transportation4.96%
Consumer Services4.95%
Commercial Services4.59%
Health Technology4.39%
Consumer Durables2.50%
Health Services2.38%
Energy Minerals1.72%
Bonds, Cash & Other8.43%
Miscellaneous8.28%
Cash0.15%
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
XOVR invests in stocks. The fund's major sectors are Technology Services, with 36.02% stocks, and Electronic Technology, with 20.00% of the basket. The assets are mostly located in the North America region.
XOVR last dividends amounted to 4.65 USD. The year before, the issuer paid 3.99 USD in dividends, which shows a 14.20% increase.
XOVR assets under management is 468.59 M USD. It's fallen 4.18% over the last month.
XOVR fund flows account for 331.18 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.
XOVR shares are issued by Capital Impact Advisors LLC under the brand ERShares. The ETF was launched on Nov 7, 2017, and its management style is Active.
XOVR expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
XOVR follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XOVR invests in stocks.
XOVR price has risen by 0.05% over the last month, and its yearly performance shows a 37.59% increase. See more dynamics on XOVR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.85% over the last month, showed a 10.35% increase in three-month performance and has increased by 39.06% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.85% over the last month, showed a 10.35% increase in three-month performance and has increased by 39.06% in a year.
XOVR trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.