ROMOStrategy Shares Newfound/ReSolve Robust Momentum ETF

Grow my money6y track recordRanked #2,564 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the Newfound/ReSolve Robust Equity Momentum Index.

By Strategy Shares · Launched 2019

Annual Cost

0.87%

#4,437 of 5,562 · expensive

Fund Size

$26M

#4,160 of 5,562 · small

Return (1Y)Goal

+18.2%

Track Record

6 years

#1,993 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,889+18.9%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Factor

Momentum

Index tracked

Newfound/ReSolve Robust Equity Momentum Index

What it actually holds

By weight

Concentration

Top 4 holdings = 99.6% of fund✓ diversified through underlying funds

iShares Core MSCI EAFE ETF

85.0%

iShares Core S&P 500 ETF

14.6%

iShares 7-10 Year Treasury Bond ETF

0.0%

iShares 1-3 Year Treasury Bond ETF

0.0%

Asset allocation

Stocks

99.4%

Cash

0.6%

Other

0.1%

By sector

Technology

26.9%

Financial Services

15.9%

Industrials

13.2%

Consumer Cyclical

9.3%

Healthcare

8.9%

Communication

8.2%

Consumer Defensive

5.3%

Basic Materials

3.9%

Other

8.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

14.0%Moderate

Year-on-year price swings

Max drawdown

-28.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.79Decent risk-adjusted returns

Sortino (3Y)

1.12Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Newfound/ReSolve Robust Equity Momentum Index.
Strategy: Employs a passive management approach designed to track the total return performance of the Newfound/ReSolve Robust Equity Momentum Index. The Index uses a quantitative, rules-based methodology to provide exposure to U.S., international, and emerging market equities exhibiting positive momentum relative to U.S. Treasury indices. The Fund invests at least 80% of its assets in ETFs that track these indices, with allocations determined by momentum and trend-following factors. The Index is rebalanced weekly and reconstituted annually in December.
Inception date: November 1, 2019
Fund family: Strategy Shares