MVPLMiller Value Ptnrs Leverage ETF

Grow my money2y track recordRanked #2,827 of 2,960 in this goal

Seeks capital appreciation over a multi-year horizon.

By Miller Value Funds · Launched 2024

Annual Cost

1.72%

#5,491 of 5,562 · expensive

Fund Size

$25M

#4,188 of 5,562 · small

Return (1Y)Goal

+39.8%

Track Record

2 years

#3,450 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$14,202+42.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Active selection

Factor

Value

What it actually holds

By weight

Concentration

Top 2 holdings = 100.1% of fundconcentrated

Direxion Daily S&P 500 Bull 2X

100.0%

U.S. Bank Money Market Deposit AccountUSBFS04

0.1%

Asset allocation

Stocks

99.7%

Bonds

0.3%

Cash

0.0%

By sector

Technology

38.4%

Financial Services

11.0%

Communication

10.8%

Consumer Cyclical

10.0%

Healthcare

8.4%

Industrials

7.9%

Consumer Defensive

4.6%

Energy

3.2%

Other

5.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

22.3%High

Year-on-year price swings

Max drawdown

-25.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation over a multi-year horizon.
Strategy: Actively managed fund invests in ETFs for leveraged or unleveraged exposure to the S&P 500 based on proprietary trading signals. Uses a single ETF for each position type, aiming to capitalize on favorable market conditions while minimizing permanent capital loss.
Inception date: February 27, 2024
Fund family: Miller Value Funds