Royce Quant Small Cap Etf Profile
| SQLV Etf | USD 45.51 0.03 0.07% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Royce Quant is selling for under 45.51 as of the 30th of November 2024; that is 0.07 percent increase since the beginning of the trading day. The etf's lowest day price was 45.51. Royce Quant has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Royce Quant Small Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund primarily invests in equity securities of small-capitalization companies that are traded in the United States and meet certain criteria using a proprietary methodology created by the funds subadviser. Legg Small-Cap is traded on NASDAQ Exchange in the United States. More on Royce Quant Small Cap
Moving together with Royce Etf
Royce Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Small Cap ETFs, Size And Style ETFs, Small Value, Franklin Templeton Investments (View all Sectors) |
| Issuer | Franklin Templeton Investments |
| Inception Date | 2017-07-12 |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 1,463.7 |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Small Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Legg Mason Partners Fund Advisor, LLC |
| Advisor | Legg Mason Partners Fund Advisor, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Franklin Distributors, LLC |
| Portfolio Manager | George Necakov, Michael Connors |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Mar |
| Exchange | NASDAQ |
| Number of Constituents | 272 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 11.39 |
| Name | Royce Quant Small-Cap Quality Value ETF |
| Currency Code | USD |
| Open Figi | BBG00H4BD6H7 |
| In Threey Volatility | 21.89 |
| 1y Volatility | 20.49 |
| 200 Day M A | 40.7391 |
| 50 Day M A | 42.6156 |
| Code | SQLV |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.07 |
| Type | ETF |
Royce Quant Small Cap [SQLV] is traded in USA and was established 2017-07-12. The fund is listed under Small Value category and is part of Franklin Templeton Investments family. The entity is thematically classified as Small Cap ETFs. Royce Quant Small at this time have 20.56 M in assets. , while the total return for the last 3 years was 6.1%.
Check Royce Quant Probability Of Bankruptcy
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 Royce Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Royce 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 Royce Quant Small Cap 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 Royce Quant Small Cap Etf Constituents
| URBN | Urban Outfitters | Stock | Consumer Discretionary | |
| BIG | Big Lots | Stock | Consumer Discretionary | |
| AR | Antero Resources Corp | Stock | Energy | |
| MC | Moelis Co | Stock | Financials | |
| PDCO | Patterson Companies | Stock | Health Care | |
| CCOI | Cogent Communications Group | Stock | Communication Services | |
| COOP | Mr Cooper Group | Stock | Financials | |
| VIRT | Virtu Financial | Stock | Financials |
Royce Quant Small 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 Royce Quant. 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 | 0.0961 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0253 |
Royce Quant Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Royce Quant Small Cap. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Royce Quant Small is measured differently than its book value, which is the value of Royce that is recorded on the company's balance sheet. Investors also form their own opinion of Royce Quant's value that differs from its market value or its book value, called intrinsic value, which is Royce Quant'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 Royce Quant's market value can be influenced by many factors that don't directly affect Royce Quant'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 Royce Quant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Quant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Quant'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.