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Trending ETFs

AlphaClone Alternative Alpha ETF

ETF
ALFA
Dividend policy
None
Price as of:
$79.25 -2.83 -3.45%
primary theme
U.S. Large-Cap Growth Equity
ALFA (ETF)

AlphaClone Alternative Alpha ETF

Dividend policy
None
Price as of:
$79.25 -2.83 -3.45%
primary theme
U.S. Large-Cap Growth Equity
ALFA (ETF)

AlphaClone Alternative Alpha ETF

Dividend policy
None
Price as of:
$79.25 -2.83 -3.45%
primary theme
U.S. Large-Cap Growth Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$79.25

$33 M

0.00%

0.65%

Vitals

YTD Return

3.3%

1 yr return

37.3%

3 Yr Avg Return

25.3%

5 Yr Avg Return

20.9%

Net Assets

$33 M

Holdings in Top 10

35.6%

52 WEEK LOW AND HIGH

$79.3
$69.45
$89.79

Expenses

OPERATING FEES

Expense Ratio 0.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 179.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Large Growth


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$79.25

$33 M

0.00%

0.65%

ALFA - Profile

Distributions

  • YTD Total Return 6.9%
  • 3 Yr Annualized Total Return 25.3%
  • 5 Yr Annualized Total Return 20.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.21%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AlphaClone Alternative Alpha ETF
  • Fund Family Name
    AlphaClone
  • Inception Date
    May 31, 2012
  • Shares Outstanding
    375000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Andrew Serowik

Fund Description

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.


ALFA - Performance

Return Ranking - Trailing

Period ALFA Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -88.2% 115.8% 92.61%
1 Yr 37.3% -9.0% 110.3% 67.89%
3 Yr 25.3%* 7.8% 65.6% 61.21%
5 Yr 20.9%* 11.0% 47.5% 75.02%
10 Yr N/A* 10.0% 29.0% N/A

* Annualized

Return Ranking - Calendar

Period ALFA Return Category Return Low Category Return High Rank in Category (%)
2020 30.7% -67.0% 145.0% 34.36%
2019 38.9% -28.8% 76.0% 1.38%
2018 -1.2% -57.9% 10.6% 6.91%
2017 21.6% -68.7% 64.3% 40.77%
2016 -6.1% -47.1% 53.3% 80.48%

Total Return Ranking - Trailing

Period ALFA Return Category Return Low Category Return High Rank in Category (%)
YTD 6.9% -87.9% 115.8% 89.79%
1 Yr 37.3% -9.0% 110.3% 57.45%
3 Yr 25.3%* 6.5% 65.6% 54.24%
5 Yr 20.9%* 10.5% 47.5% 68.16%
10 Yr N/A* 9.9% 29.0% N/A

* Annualized

Total Return Ranking - Calendar

Period ALFA Return Category Return Low Category Return High Rank in Category (%)
2020 30.7% -67.0% 145.0% 34.36%
2019 38.9% -28.8% 76.0% 1.38%
2018 -1.2% -57.9% 16.5% 19.46%
2017 21.6% -24.8% 64.3% 75.19%
2016 -6.1% -43.3% 53.3% 91.45%

ALFA - Holdings

Concentration Analysis

ALFA Category Low Category High ALFA % Rank
Net Assets 33 M 234 K 301 B 93.88%
Number of Holdings 35 1 3265 81.48%
Net Assets in Top 10 11.7 M -23.7 M 111 B 84.89%
Weighting of Top 10 35.55% 8.7% 100.0% 79.81%

Top 10 Holdings

  1. Tesla Inc 4.55%
  2. Progyny Inc 4.38%
  3. Codexis Inc 3.90%
  4. Bill.com Holdings Inc Ordinary Shares 3.84%
  5. Facebook Inc A 3.70%
  6. Netflix Inc 3.60%
  7. Evercore Inc A 3.49%
  8. Stereotaxis Inc 3.48%
  9. Caesars Entertainment Inc 3.41%
  10. Costco Wholesale Corp 3.40%

Asset Allocation

Weighting Return Low Return High ALFA % Rank
Stocks
99.81% 0.00% 143.69% 25.32%
Cash
0.19% -43.73% 100.00% 69.57%
Preferred Stocks
0.00% -0.01% 3.14% 34.24%
Other
0.00% -1.10% 19.21% 42.82%
Convertible Bonds
0.00% 0.00% 0.36% 30.29%
Bonds
0.00% -0.35% 12.40% 30.16%

Stock Sector Breakdown

Weighting Return Low Return High ALFA % Rank
Technology
39.19% 0.00% 64.91% 26.02%
Consumer Cyclical
28.71% 0.00% 51.75% 1.36%
Communication Services
17.43% 0.00% 66.36% 25.27%
Healthcare
8.93% 0.00% 42.91% 79.09%
Industrials
3.31% 0.00% 40.08% 82.15%
Financial Services
2.43% 0.00% 44.16% 94.82%
Utilities
0.00% 0.00% 7.96% 50.95%
Real Estate
0.00% 0.00% 21.64% 75.68%
Energy
0.00% 0.00% 13.60% 59.74%
Consumer Defense
0.00% 0.00% 23.31% 92.85%
Basic Materials
0.00% 0.00% 22.40% 80.86%

Stock Geographic Breakdown

Weighting Return Low Return High ALFA % Rank
US
91.66% 0.00% 139.71% 65.15%
Non US
8.15% 0.00% 54.74% 26.75%

ALFA - Expenses

Operational Fees

ALFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.01% 13.41% 68.95%
Management Fee 0.65% 0.00% 1.50% 54.75%
12b-1 Fee 0.00% 0.00% 1.00% 4.91%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

ALFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

ALFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 5.00% 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.

ALFA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 179.00% 0.00% 414.00% 96.43%

ALFA - Distributions

Dividend Yield Analysis

ALFA Category Low Category High ALFA % Rank
Dividend Yield 0.00% 0.00% 1.49% 28.65%

Dividend Distribution Analysis

ALFA Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Monthly Semi-Annually

Net Income Ratio Analysis

ALFA Category Low Category High ALFA % Rank
Net Income Ratio -0.21% -6.13% 2.90% 49.80%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

ALFA - Fund Manager Analysis

Managers

Andrew Serowik


Start Date

Tenure

Tenure Rank

Jan 08, 2020

1.81

1.8%

Mr. Serowik joined Exchange Traded Concepts, LLC from Goldman Sachs in May 2018. He began his career at Spear, Leeds & Kellogg, continuing with Goldman after its acquisition of SLK in September 2000. During his career of more than 18 years at the combined companies, he held various roles, including managing the global Quant ETF Strats team and One Delta ETF Strats. He designed and developed systems for portfolio risk calculation, algorithmic ETF trading, and execution monitoring, with experience across all asset classes. He graduated from the University of Michigan with a Bachelor of Business Administration degree in Finance.

Todd Alberico


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.34

0.3%

Mr. Alberico joined Exchange Traded Concepts, LLC in November 2020, having spent the past 14 years in ETF trading at Goldman Sachs, Cantor Fitzgerald, and, most recently, Virtu Financial. He spent most of that time focused on the Trading and Portfolio Risk Management of ETFs exposed to international and domestic equity. He has worked on several different strategies including lead market-making and electronic trading, to customer facing institutional business developing models for block trading as well as transitional trades. Mr. Alberico graduated from St. John’s University in NY with a Bachelor of Science degree in Finance.

Gabriel Tan


Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.34

0.3%

Mr. Tan joined Exchange Traded Concepts, LLC in May 2019 as an Associate Portfolio Manager and was promoted to Portfolio Manager in December 2020. He began his career at UBS and BBR Partners where he worked as a financial planning analyst and a portfolio strategist for over four years. During his time there, he developed comprehensive wealth management solutions focused on portfolio optimization, trust and estate planning, and tax planning.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 53.87 7.46 1.83