Gotham Enhanced 500 Etf Profile
| GSPY Etf | USD 33.09 0.20 0.61% |
Performance16 of 100
| Odds Of DistressLess than 9
|
Gotham Enhanced is trading at 33.09 as of the 30th of November 2024; that is 0.61 percent increase since the beginning of the trading day. The etf's open price was 32.89. Gotham Enhanced has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Gotham Enhanced 500 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively-managed ETF that seeks to achieve its investment objective by generally investing in securities of issuers included in the SP 500 Index. Gotham Enhanced is traded on NYSEARCA Exchange in the United States. More on Gotham Enhanced 500
Moving together with Gotham Etf
Gotham Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Blend, Gotham (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2020-12-28 |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Joel Greenblatt, Robert Goldstein, Michael Venuto, Charles Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 501 |
| Market Maker | Latour Trading |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 26.16 |
| Name | Gotham Enhanced 500 ETF |
| Currency Code | USD |
| Open Figi | BBG00YPGN186 |
| In Threey Volatility | 16.72 |
| 1y Volatility | 10.79 |
| 200 Day M A | 29.8004 |
| 50 Day M A | 31.9701 |
| Code | GSPY |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.38 |
| Type | ETF |
Gotham Enhanced 500 [GSPY] is traded in USA and was established 2020-12-28. The fund is listed under Large Blend category and is part of Gotham family. The entity is thematically classified as Size And Style ETFs. Gotham Enhanced 500 currently have 262.26 M in assets under management (AUM). , while the total return for the last 3 years was 11.1%.
Check Gotham Enhanced Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Gotham Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Gotham Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Gotham Enhanced 500 Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Gotham Enhanced 500 Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| INTC | Intel | Stock | Information Technology | |
| META | Meta Platforms | Stock | Communication Services | |
| MSFT | Microsoft | Stock | Information Technology |
Gotham Enhanced Top Holders
| GINDX | Gotham Index Plus | Mutual Fund | Large Blend | |
| GTRFX | Gotham Total Return | Mutual Fund | Long-Short Equity | |
| GNNDX | Gotham Index Plus | Mutual Fund | Large Blend | |
| GTRNX | Gotham Total Return | Mutual Fund | Long-Short Equity |
Gotham Enhanced 500 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 Gotham Enhanced. 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 | 0.1285 | |||
| Jensen Alpha | 0.0081 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.01) |
Gotham Enhanced Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gotham Enhanced 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Gotham Enhanced 500 is measured differently than its book value, which is the value of Gotham that is recorded on the company's balance sheet. Investors also form their own opinion of Gotham Enhanced's value that differs from its market value or its book value, called intrinsic value, which is Gotham Enhanced'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 Gotham Enhanced's market value can be influenced by many factors that don't directly affect Gotham Enhanced'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 Gotham Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gotham Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gotham Enhanced'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.