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ALFA - AlphaClone Alternative Alpha ETF

Stock Price: $77.60 USD -1.05 (-1.34%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
After-hours: $77.61 +0.00 (0.00%) Apr 20, 8:00 PM
Assets $29.52M
NAV $78.72
Expense Ratio 0.65%
PE Ratio 39.89
Beta (5Y) 1.13
Dividend (ttm) $0.37
Dividend Yield 0.47%
Ex-Dividend Date Dec 21, 2020
1-Year Return -
Trading Day April 20
Last Price $77.60
Previous Close $78.66
Change ($) -1.05
Change (%) -1.34%
Day's Open 78.43
Day's Range 77.27 - 78.43
Day's Volume 513
52-Week Range 48.04 - 87.67

Fund Description

The investment seeks to track the price and yield, before fees and expenses, of the AlphaClone Hedge Fund Masters Index. The fund uses a passive management approach to track the performance, before fees and expenses, of the index. The index utilizes a proprietary, quantitative Clone Score methodology developed by the fund's index provider, to replicate the five most heavily weighted U.S. equity securities from each of the ten hedge funds and institutional investors with the highest Clone Scores. At least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Asset Class
Equity
Sector
Large Cap
Region
North America
Inception Date
May 31, 2012
Exchange
BATS
Ticker Symbol
ALFA
Index Tracked
AlphaCone Hedge Fund Downside Hedged Index

Top 10 Holdings

31.30% of assets
NameSymbolWeight
FacebookFB3.51%
Lam ResearchLRCX3.27%
EvercoreEVR3.26%
CostcoCOST3.21%
AmazonAMZN3.10%
ProgynyPGNY3.05%
SquareSQ3.02%
AppleAAPL2.97%
NetflixNFLX2.95%
Inari MedicalNARI2.94%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 21, 2020$0.36678934Dec 23, 2020
Dec 30, 2019$0.0918525Jan 2, 2020
Dec 18, 2018$0.10881112Dec 20, 2018
Dec 28, 2017$0.00Jan 2, 2018
Dec 28, 2016$0.00Jan 3, 2017
Dec 29, 2015$0.00Jan 4, 2016
Full Dividend History

News

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