Essential 40 Stock Etf Profile
| ESN Etf | 15.37 0.07 0.45% |
PerformanceModest
| Odds Of DistressLow
|
Essential is selling at 15.37 as of the 19th of March 2025; that is 0.45 percent decrease since the beginning of the trading day. The etf's open price was 15.44. Essential has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 19th of March 2025. Click here to learn more.
Essential is entity of United States. It is traded as Etf on NASDAQ exchange. More on Essential 40 Stock
Moving against Essential Etf
Essential Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Essential Energy Services Ltd. |
| Business Concentration | Large Cap ETFs, Strategy ETFs, Large Blend (View all Sectors) |
| Issuer | KKM Financial |
| Inception Date | 2024-10-22 |
| Benchmark | Essential 40 Stock Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 82.48 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Ultimus Fund Solutions, LLC |
| Advisor | KKM Financial LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Jeff Kilburg, Dan Deming |
| Transfer Agent | Ultimus Fund Solutions, LLC |
| Fiscal Year End | 31-May |
| Exchange | NASDAQ |
| Number of Constituents | 42.0 |
| Market Maker | GTS |
| Total Expense | 1.24 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 3.89 |
| Name | Essential 40 Stock ETF |
| Currency Code | USD |
| Open Figi | BBG01Q9KHKS4 |
| In Threey Volatility | 15.92 |
| 1y Volatility | 11.96 |
| Code | ESN |
| Updated At | 18th of March 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.49 |
| Type | ETF |
Essential 40 Stock [ESN] is traded in USA and was established null. The fund is classified under Large Blend. The entity is thematically classified as Large Cap ETFs. Essential 40 Stock currently have in assets under management (AUM). , while the total return for the last 3 years was 9.7%.
Check Essential Probability Of Bankruptcy
Geographic Allocation (%)
Essential 40 Stock Currency Exposure
Essential 40 Stock holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Essential will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Essential 40 Stock.
Top Essential 40 Stock Etf Constituents
| AWK | American Water Works | Stock | Utilities | |
| PANW | Palo Alto Networks | Stock | Information Technology | |
| NTR | Nutrien | Stock | Materials | |
| CB | Chubb | Stock | Financials | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| INTC | Intel | Stock | Information Technology | |
| SYY | Sysco | Stock | Consumer Staples | |
| ORCL | Oracle | Stock | Information Technology |
Essential 40 Stock Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Essential. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.0259 | |||
| Treynor Ratio | (4.39) |
Essential Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Essential 40 Stock. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Essential 40 Stock is measured differently than its book value, which is the value of Essential that is recorded on the company's balance sheet. Investors also form their own opinion of Essential's value that differs from its market value or its book value, called intrinsic value, which is Essential's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Essential's market value can be influenced by many factors that don't directly affect Essential's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Essential's value and its price as these two are different measures arrived at by different means. Investors typically determine if Essential is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Essential's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.