Guinness Atkinson Funds Etf Profile
| SOLR Etf | USD 26.99 0.05 0.19% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Guinness Atkinson is selling at 26.99 as of the 28th of November 2024; that is 0.19 percent up since the beginning of the trading day. The etf's lowest day price was 26.98. Guinness Atkinson has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Guinness Atkinson Funds are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests, under normal conditions, at least 80 percent of its net assets in publicly-traded equity securities of sustainable energy companies . Smartetfs Sustainable is traded on BATS Exchange in the United States. More on Guinness Atkinson Funds
Moving against Guinness Etf
Guinness Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Equity Energy, SmartETFs (View all Sectors) |
| Issuer | Guinness Atkinson Asset Management |
| Inception Date | 2020-11-11 |
| Benchmark | MSCI World Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.33 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Mutual Fund Administration LLC |
| Advisor | Guinness Atkinson Asset Management, Inc. |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Edward Guinness, Will Riley, Jonathan Waghorn, Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 36.0 |
| Market Maker | RBC Capital Markets |
| Total Expense | 1.91 |
| Management Fee | 0.79 |
| Country Name | USA |
| Returns Y T D | (5.48) |
| Name | Guinness Atkinson Funds |
| Currency Code | USD |
| Open Figi | BBG00Y52CLF9 |
| In Threey Volatility | 25.83 |
| 1y Volatility | 24.84 |
| 200 Day M A | 27.7299 |
| 50 Day M A | 27.9972 |
| Code | SOLR |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.26) |
Guinness Atkinson Funds [SOLR] is traded in USA and was established 2020-11-11. The fund is listed under Equity Energy category and is part of SmartETFs family. The entity is thematically classified as Strategy ETFs. Guinness Atkinson Funds at this time have 4.69 M in assets. , while the total return for the last 3 years was -5.5%.
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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 Guinness Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Guinness 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 Guinness Atkinson Funds 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.
Guinness Atkinson Funds Currency Exposure
Guinness Atkinson Funds 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 Guinness Atkinson 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 Guinness Atkinson Funds.
Top Guinness Atkinson Funds Etf Constituents
| AMRC | Ameresco | Stock | Industrials | |
| APTV | Aptiv PLC | Stock | Consumer Discretionary | |
| CSIQ | Canadian Solar | Stock | Information Technology | |
| ENPH | Enphase Energy | Stock | Information Technology | |
| FSLR | First Solar | Stock | Information Technology | |
| HUBB | Hubbell | Stock | Industrials | |
| NEE | Nextera Energy | Stock | Utilities | |
| ON | ON Semiconductor | Stock | Information Technology |
Guinness Atkinson Funds 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 Guinness Atkinson. 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 | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.10) |
Guinness Atkinson Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Guinness Atkinson Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Guinness Atkinson Funds is measured differently than its book value, which is the value of Guinness that is recorded on the company's balance sheet. Investors also form their own opinion of Guinness Atkinson's value that differs from its market value or its book value, called intrinsic value, which is Guinness Atkinson'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 Guinness Atkinson's market value can be influenced by many factors that don't directly affect Guinness Atkinson'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 Guinness Atkinson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guinness Atkinson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guinness Atkinson'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.