UTRN
Vesper U.S. Large Cap Short-Term Reversal Strategy ETF
The Vesper U.S. Large Cap Short-Term Reversal Strategy ETF tracks an equal-weighted index of large-cap US stocks believed to benefit from a short-term reversal.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
24.8 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Fund sponsor | Exchange Traded Concepts |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Sep 20, 2018 |
| Assets (mns) | $25 |
| Expense ratio | 75 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TYLER TECHNOLOGIES INC | 4.5 % |
| NORFOLK SOUTHERN CORP | 4.4 % |
| MASCO CORP | 4.3 % |
| VERISIGN INC | 4.2 % |
| CF INDUSTRIES HOLDINGS INC | 4.1 % |
| DOVER CORP | 4.1 % |
| GENERAC HOLDINGS INC | 4.1 % |
| PARKER HANNIFIN CORP | 4.1 % |
| F5 NETWORKS INC | 4.1 % |
| CARDINAL HEALTH INC | 4.0 % |
Constituent Breakdown
| Number of holdings | 26 |
| Herfindahl-Hirschman Index | 412 |
| Wgt avg mkt cap (mns) | $59,830 |
| Large cap (>$10bn) | 100.0% |
| Mid cap ($2-10bn) | 0.0% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 97.6 % |
 |
IRELAND | 3.9 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 23.8% | 37.2% | 12.2% | 2.0% | 9.9% | -- | 11.3% | Volatility | 13.4% | 13.9% | 15.1% | 16.8% | 23.5% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.76 | 69% |
| MSCI EAFE | 0.73 | 66% |
| MSCI Emg Mkts | 0.58 | 40% |
Liquidity Measures
| Avg. volume (000) | 1 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.36% |
| ADV of underlying (mns) | $9,085 |
Technical Indicators
| Recent close | $30.95 |
| 30d moving avg. | $30.63 |
| Annualized volatility | 15.9% |
| Relative strength (RSI) | 58 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 3.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. UTRN |
Expenses vs. UTRN |
ALTAR Score™ vs. UTRN |
|---|---|---|---|---|
| POWA | Invesco Bloomberg Pricing Power ETF | 18.0% | -35 bp | -0.6% |
| SXQG | ETC 6 Meridian Quality Growth ETF | 12.3% | +25 bp | -2.2% |
| RSPH | Invesco S&P 500 Equal Weight Health Care ETF | 12.1% | -35 bp | +1.9% |
| PPH | VanEck Pharmaceutical ETF | 11.9% | -39 bp | +3.5% |
| KONG | Formidable Fortress ETF | 11.8% | +14 bp | -0.6% |
| BEEZ | Honeytree U.S. Equity ETF | 11.8% | -11 bp | -1.5% |
| MOTE | VanEck Morningstar ESG Moat ETF | 11.6% | -26 bp | -1.0% |
| MGRO | VanEck Morningstar Wide Moat Growth ETF | 11.5% | -26 bp | -1.4% |
| IPDP | Dividend Performers ETF | 11.3% | +47 bp | -1.1% |
| EMOT | First Trust S&P 500 Economic Moat ETF | 10.1% | -15 bp | +0.6% |
Risk and Returns: UTRN 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 11/15/2024
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
UTRN
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
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
UTRN
6.2%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 973 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. UTRN's ALTAR Score™ is approximately
0.3 standard deviations
above
the category average. This places UTRN in the 62nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
UTRNSELL
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 |
| UTRN (75 bp) Percentile rank | 81 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| UTRN | 75.0 | 35.7 | 110.7 |
| Peer Avg. | 46.6 | 16.9 | 63.5 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .