MAGA
Point Bridge America First ETF
The Point Bridge GOP Stock Tracker ETF tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
27.1 M
ASSETS UNDER MGMT
72 bp
EXPENSES
Fund Basics
| Fund sponsor | Point Bridge Capital |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 06, 2017 |
| Assets (mns) | $27 |
| Expense ratio | 72 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ROBINHOOD MARKETS, INC. CLASS A | 0.9 % |
| VISTRA ENERGY CORP. | 0.8 % |
| TARGA RESOURCES CORP | 0.8 % |
| SYNCHRONY FINANCIAL | 0.8 % |
| ONEOK INC | 0.8 % |
| INTERACTIVE BROKERS GRO-CL A | 0.8 % |
| EMERSON ELECTRIC CO | 0.8 % |
| APOLLO GLOBAL MANAGEMENT INC. | 0.8 % |
| HUNTINGTON BANCSHARES INC | 0.8 % |
| SCHWAB (CHARLES) CORP | 0.8 % |
Constituent Breakdown
| Number of holdings | 139 |
| Herfindahl-Hirschman Index | 71 |
| Wgt avg mkt cap (mns) | $66,690 |
| Large cap (>$10bn) | 98.2% |
| Mid cap ($2-10bn) | 1.8% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 94.1 % |
 |
IRELAND | 2.1 % |
 |
SWITZERLAND | 1.4 % |
 |
BRITAIN | 1.3 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 11.0% | 27.5% | 11.6% | 7.8% | 12.7% | -- | 10.1% | Volatility | -- | -- | -- | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.94 | 77% |
| MSCI EAFE | 0.91 | 75% |
| MSCI Emg Mkts | 0.65 | 37% |
Liquidity Measures
| Avg. volume (000) | 5 |
| Turnover | 1.0% |
| Avg. Bid/Ask (% of price) | 0.19% |
| ADV of underlying (mns) | $43,370 |
Technical Indicators
| Recent close | $51.70 |
| 30d moving avg. | $49.18 |
| Annualized volatility | 18.5% |
| Relative strength (RSI) | 52 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 2.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MAGA |
Expenses vs. MAGA |
ALTAR Score™ vs. MAGA |
|---|---|---|---|---|
| FTA | First Trust Large Cap Value AlphaDEX Fund | 35.4% | -13 bp | +2.6% |
| TPLC | Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund | 30.0% | -20 bp | -0.5% |
| TPLE | Timothy Plan Us Large/Mid Cap Core Enhanced ETF | 29.9% | -14 bp | -0.5% |
| FEX | First Trust Large Cap Core AlphaDEX Fund | 29.6% | -13 bp | 0.0% |
| TPHD | Timothy Plan High Dividend Stock ETF | 29.1% | -20 bp | +0.3% |
| TPHE | Timothy Plan High Dividend Stock Enhanced ETF | 29.0% | -18 bp | +0.3% |
| JOET | Virtus Terranova US Quality Momentum ETF | 28.4% | -43 bp | -0.9% |
| VO | Vanguard Mid-Cap ETF | 27.5% | -68 bp | -0.3% |
| IMCV | iShares Morningstar Mid-Cap Value ETF | 26.8% | -66 bp | +1.9% |
| RBLD | First Trust Alerian US NextGen Infrastructure ETF | 26.1% | -7 bp | -0.9% |
Risk and Returns: MAGA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/21/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
MAGA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
MAGA
5.5%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.4%. MAGA's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places MAGA in the 52nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
MAGASELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| MAGA (72 bp) Percentile rank | 79 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| MAGA | 72.0 | 19.1 | 91.1 |
| Peer Avg. | 29.7 | 13.9 | 43.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .