Zega Buy And Etf Profile
| ZHDG Etf | USD 21.22 0.09 0.42% |
Performance13 of 100
| Odds Of DistressLess than 9
|
ZEGA Buy is trading at 21.22 as of the 28th of November 2024. This is a 0.42 percent decrease since the beginning of the trading day. The etf's lowest day price was 21.18. ZEGA Buy 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 ZEGA Buy and are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests in a combination of options, as well as fixed income securities, or other income producing securities, including preferred shares, through ETFs or other investment companies or through direct investments. Zega Buy is traded on NYSEARCA Exchange in the United States.. More on ZEGA Buy and
Moving together with ZEGA Etf
ZEGA Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Target Risk ETFs, Asset Allocation ETFs, Derivative Income, ZEGA (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2021-07-06 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 27.11 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Risk |
| 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 | Mick Brokaw, Jay Pestrichelli, Michael Venuto, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 13.0 |
| Market Maker | GTS |
| Total Expense | 0.97 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 20.78 |
| Name | ZEGA Buy and Hedge ETF |
| Currency Code | USD |
| Open Figi | BBG011PS1K01 |
| In Threey Volatility | 13.46 |
| 1y Volatility | 8.63 |
| 200 Day M A | 19.421 |
| 50 Day M A | 20.6519 |
| Code | ZHDG |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.11) |
| Type | ETF |
ZEGA Buy and [ZHDG] is traded in USA and was established 2021-07-06. The fund is listed under Derivative Income category and is part of ZEGA family. The entity is thematically classified as Target Risk ETFs. ZEGA Buy at this time have 84.6 M in net assets. , while the total return for the last 3 years was 3.2%.
Check ZEGA Buy 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 ZEGA Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ZEGA 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 ZEGA Buy and 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 ZEGA Buy and Etf Constituents
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund |
ZEGA Buy 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 ZEGA Buy. 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 | 0.1157 | |||
| Jensen Alpha | 0.0088 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.04) |
ZEGA Buy Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZEGA Buy and. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of ZEGA Buy is measured differently than its book value, which is the value of ZEGA that is recorded on the company's balance sheet. Investors also form their own opinion of ZEGA Buy's value that differs from its market value or its book value, called intrinsic value, which is ZEGA Buy'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 ZEGA Buy's market value can be influenced by many factors that don't directly affect ZEGA Buy'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 ZEGA Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZEGA Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZEGA Buy'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.