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Trending ETFs

LeaderShares® Activist Leaders® ETF

Active ETF
ACTV
Payout Change
Pending
Price as of:
$30.83 +0.42 +1.38%
primary theme
U.S. Small-Cap Value Equity
ACTV (ETF)

LeaderShares® Activist Leaders® ETF

Payout Change
Pending
Price as of:
$30.83 +0.42 +1.38%
primary theme
U.S. Small-Cap Value Equity
ACTV (ETF)

LeaderShares® Activist Leaders® ETF

Payout Change
Pending
Price as of:
$30.83 +0.42 +1.38%
primary theme
U.S. Small-Cap Value Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$30.83

$87 M

0.15%

$0.05

0.75%

Vitals

YTD Return

-3.6%

1 yr return

-8.6%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$87 M

Holdings in Top 10

38.4%

52 WEEK LOW AND HIGH

$30.4
$28.71
$39.60

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 49.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Small Value


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$30.83

$87 M

0.15%

$0.05

0.75%

ACTV - Profile

Distributions

  • YTD Total Return -15.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.02%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    LeaderShares® Activist Leaders® ETF
  • Fund Family Name
    LeaderShares
  • Inception Date
    Oct 26, 2020
  • Shares Outstanding
    2650000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Richard Duff

Fund Description

The fund will be invested in equity securities of companies listed on a U.S. exchange with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries. The fund may utilize derivatives, such as equity options and total return swap agreements, to seek to achieve its objective and for hedging purposes.


ACTV - Performance

Return Ranking - Trailing

Period ACTV Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -26.9% 235.4% 11.85%
1 Yr -8.6% -35.0% 50.3% 82.37%
3 Yr N/A* -2.8% 32.7% N/A
5 Yr N/A* 0.1% 20.8% N/A
10 Yr N/A* 4.4% 15.0% N/A

* Annualized

Return Ranking - Calendar

Period ACTV Return Category Return Low Category Return High Rank in Category (%)
2021 16.2% -62.0% 157.9% 61.32%
2020 N/A -49.4% 364.1% N/A
2019 N/A -47.8% 34.0% N/A
2018 N/A -57.2% 16.6% N/A
2017 N/A -64.9% 28.8% N/A

Total Return Ranking - Trailing

Period ACTV Return Category Return Low Category Return High Rank in Category (%)
YTD -15.4% -38.4% 235.4% 93.14%
1 Yr -8.6% -35.0% 116.1% 75.72%
3 Yr N/A* -2.8% 32.7% N/A
5 Yr N/A* 0.1% 20.8% N/A
10 Yr N/A* 4.4% 15.0% N/A

* Annualized

Total Return Ranking - Calendar

Period ACTV Return Category Return Low Category Return High Rank in Category (%)
2021 16.2% -62.0% 157.9% 61.32%
2020 N/A -49.4% 364.1% N/A
2019 N/A -47.8% 34.0% N/A
2018 N/A -57.2% 16.6% N/A
2017 N/A -64.9% 28.8% N/A

ACTV - Holdings

Concentration Analysis

ACTV Category Low Category High ACTV % Rank
Net Assets 87 M 1.55 M 47.3 B 80.08%
Number of Holdings 30 10 1551 97.97%
Net Assets in Top 10 33.3 M 812 K 2.82 B 67.48%
Weighting of Top 10 38.40% 4.7% 95.7% 10.88%

Top 10 Holdings

  1. Treehouse Foods Inc 4.54%
  2. eHealth Inc 4.39%
  3. Occidental Petroleum Corp 4.09%
  4. Conduent Inc 3.97%
  5. Newell Brands Inc 3.86%
  6. Dana Inc 3.85%
  7. Tenneco Inc Class A 3.85%
  8. Xerox Holdings Corp 3.74%
  9. Huntsman Corp 3.73%
  10. Mercury Systems Inc 3.73%

Asset Allocation

Weighting Return Low Return High ACTV % Rank
Stocks
98.95% 14.38% 100.16% 35.98%
Cash
1.05% -52.43% 47.85% 63.01%
Preferred Stocks
0.00% 0.00% 5.91% 96.95%
Other
0.00% -0.88% 5.25% 94.72%
Convertible Bonds
0.00% 0.00% 2.63% 96.95%
Bonds
0.00% 0.00% 51.67% 96.95%

Stock Sector Breakdown

Weighting Return Low Return High ACTV % Rank
Technology
23.46% 0.00% 38.82% 1.23%
Healthcare
15.33% 0.00% 36.81% 2.05%
Financial Services
14.99% 0.00% 44.90% 87.70%
Industrials
14.12% 0.65% 48.61% 80.33%
Consumer Cyclical
14.07% 0.00% 73.72% 30.74%
Consumer Defense
7.83% 0.00% 13.67% 10.25%
Basic Materials
7.28% 0.00% 67.30% 16.80%
Real Estate
2.93% 0.00% 44.41% 78.69%
Utilities
0.00% 0.00% 14.62% 99.80%
Energy
0.00% 0.00% 29.42% 100.00%
Communication Services
0.00% 0.00% 24.90% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High ACTV % Rank
US
90.49% 11.42% 100.16% 81.71%
Non US
8.46% 0.00% 78.53% 9.55%

ACTV - Expenses

Operational Fees

ACTV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.05% 2.66% 87.07%
Management Fee 0.75% 0.00% 1.75% 48.88%
12b-1 Fee 0.00% 0.00% 1.00% 26.86%
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

ACTV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ACTV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ACTV Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.00% 7.00% 252.00% 44.92%

ACTV - Distributions

Dividend Yield Analysis

ACTV Category Low Category High ACTV % Rank
Dividend Yield 0.15% 0.00% 16.07% 1.81%

Dividend Distribution Analysis

ACTV Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

ACTV Category Low Category High ACTV % Rank
Net Income Ratio 0.02% -1.43% 4.13% 76.72%

Capital Gain Distribution Analysis

ACTV Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

ACTV - Fund Manager Analysis

Managers

Richard Duff


Start Date

Tenure

Tenure Rank

Oct 26, 2020

1.59

1.6%

Richard is President of Redwood Investment Management, with two decades of senior investment management experience including portfolio management and distribution as well as company strategy and product development in both large and small firms. Richard is responsible for overseeing Redwood’s investment solutions, from initial ideation to final implementation and risk management, distribution team development and management, and is a portfolio manager of two Redwood AlphaFactor® equity funds. Richard began his career as Senior Investment Officer at Pacific Income Advisers where he was a member of the equity strategy team utilizing quantitative screening in equity portfolio management. Later Richard was a Managing Director at BlackRock, where he was a member of the Equity Operating Committee and the AMG Executive Team. Richard’s BlackRock experience included managing a 100+ member team with a nine figure P&L, turning around the firm’s closed end fund franchise including the successful launch of BlackRock’s first equity strategy closed end funds, and leading the integration of the largest retained group in BlackRock’s first investment management firm acquisition. Richard received his BA from the University of California, Berkeley, attended Washington and Lee University, School of Law and received his JD from University of San Francisco, School of Law.

Michael Cheung


Start Date

Tenure

Tenure Rank

Oct 26, 2020

1.59

1.6%

Michael is a Portfolio Manager and Head of Quantitative Research at Redwood Investment Management. Michael works closely with the firm’s founder and President in overseeing the development, implementation, and live risk management of Redwood’s investment strategies. He leads the quantitative research effort including other members of the quantitative analyst team, and is responsible for proprietary investment model algorithm design and maintenance. Michael brings extensive experience working with a variety of programming languages and database structures, as well as broad knowledge of capital markets, global macro, and quantitative analysis, from his prior experience as a head trader on a proprietary equities trading desk. In addition, Michael was also formerly the head of a statistical arbitrage strategy that traded across multiple asset classes. He studied quantitative economics and mathematics at the University of California, Irvine.

Michael Messinger


Start Date

Tenure

Tenure Rank

Oct 26, 2020

1.59

1.6%

After years of personal research while working with talented investors and “allocators” in the leveraged finance ecosystem, Michael founded Redwood in 2010 as a quantitative research based money management firm with a “RiskFirst™” mandate. The initial tactical fixed-income strategy, Defensive Credit, formed the quantitative research foundation that led to the launch of Redwood’s 5-Star Morningstar rated Mutual Fund, the Redwood Managed Risk Plus L.P. hedge fund, as well as the Multi-Sector Managed Risk, and Systematic Macro Trend (SMarT) strategies. Since then, Michael has expanded Redwood’s capabilities, with additions of talented professionals, to provide tactical and strategic beta investment solutions that include Redwood’s AlphaFactor® equity strategies, fixed-income, and alternatives, as well as Redwood’s Dynamic Risk-Budget Model asset allocation portfolios. Michael is responsible for overseeing the development, implementation, and live risk management of Redwood’s investment strategies. Prior to Redwood, Michael served as a Vice President for Riversource Investments, (now known as Columbia Management), worked in multiple roles at ING investment management, and began his career as an Analyst at UBS. He received his B.S in Finance from the University of Arizona in Tucson.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.45 8.1 3.58