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Trending ETFs

ERShares Entrepreneurs ETF

Active ETF
ENTR
Payout Change
Pending
Price as of:
$15.28 -0.14 -0.9%
primary theme
U.S. Large-Cap Growth Equity
ENTR (ETF)

ERShares Entrepreneurs ETF

Payout Change
Pending
Price as of:
$15.28 -0.14 -0.9%
primary theme
U.S. Large-Cap Growth Equity
ENTR (ETF)

ERShares Entrepreneurs ETF

Payout Change
Pending
Price as of:
$15.28 -0.14 -0.9%
primary theme
U.S. Large-Cap Growth Equity

Name

As of 05/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

ERShares Entrepreneurs ETF

ENTR | Active ETF

$15.28

$79.8 M

0.00%

0.75%

Vitals

YTD Return

13.0%

1 yr return

38.5%

3 Yr Avg Return

2.0%

5 Yr Avg Return

8.3%

Net Assets

$79.8 M

Holdings in Top 10

34.6%

52 WEEK LOW AND HIGH

$15.4
$10.71
$15.55

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

ERShares Entrepreneurs ETF

ENTR | Active ETF

$15.28

$79.8 M

0.00%

0.75%

ENTR - Profile

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.41%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    ERShares Entrepreneurs ETF
  • Fund Family Name
    EntrepreneurShares Series Trust
  • Inception Date
    Nov 07, 2017
  • Shares Outstanding
    3200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Joel Shulman

Fund Description

The Fund is an actively managed exchange-traded fund (“ETF”) that invests primarily in companies that meet the highest conviction threshold (top quartile) of the advisor’s proprietary Entrepreneur Factor (“EF”) model. The advisor believes that companies that meet the EF model are led by dynamic leaders who engage innovation and implement solutions that create value for shareholders and other stakeholders. The companies that are relevant to this theme tend to rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to various categories (cited below). The EF model incorporates a bottom-up investment orientation,), that includes investment criteria such as management attributes, sector, growth, value, leverage, market capitalization (size), momentum, and geographic orientation. With the aid of thematic research, the advisor also incorporates a macro-economic, top-down approach that integrates changing investment flows, innovation entry points, sector growth and other proprietary characteristics into a dynamic, global perspective model. The portfolio demonstrates strong ESG (Environmental, Social and Governance) characteristics because the EF model actively integrates ESG considerations. The EF model focuses on sectors that have low environmental impact as measured by carbon footprint. Moreover, governance traits are central to the management attributes, as measured, for example, by executive turnover of the EF model as well as growth considerations that provide strong social contributions to communities, as measured by job creation.

The Fund invests primarily in equity securities of mid and large capitalization (above $2.5 billion at the time of purchase) companies traded on the NASDAQ, the New York Stock Exchange or other major U.S. exchanges. Equity securities include common stocks, preferred stocks, convertible preferred stocks, American Depositary Receipts (ADRs) (sponsored only) and Global Depositary Receipts (GDRs) (sponsored only). ADRs are U.S. dollar-denominated receipts, generally issued by domestic banks and traded on a U.S. exchange or over-the-counter, that represent an investment in a non-U.S. company. GDRs may be offered privately in the U.S. and also trade in public or private markets in other countries. The Fund may invest in companies tied economically to countries with developing (or “emerging market”) economies. Emerging market countries are generally located in Asia, Africa, the Middle East, Latin America and Eastern Europe. Countries with emerging market economies may be less sophisticated than developed markets in terms of participation by investors, analyst coverage, liquidity and regulation. The Fund’s portfolio is composed of both growth and value stocks.

Companies that meet the EF criteria are typically found in the following categories:

Artificial Intelligence and Robotics MedTech and Diagnostics
Cloud Computing Nanotechnology
Genetic Engineering and Biotech NextGen Transportation
Digital Economy Renewable Energy
E-Commerce Space Exploration
FinTech Sustainable Food Products
Intelligent Manufacturing 3D Printing
Interactive Entertainment 5G & NextGen Communication

In the process of evaluating over 55,000 global public companies for entrepreneurial characteristics through the EF model, the advisor seeks to exploit techniques to develop a more sophisticated assessment of targeted investments.

The EF model seeks to identify companies that may experience unique cost efficiencies or an expansion of demand through disruptive innovation or adjustments in their respective industries. The advisor seeks to exploit these demand expansions/cost utilizations by applying its investment methodology across multiple industry sectors though typically focuses on the Information Technology, HealthCare, Communication Services and Consumer Discretionary sectors. The advisor generally will sell a portfolio security when it believes the security will no longer increase in value at the same rate as it has in the past, changing fundamentals signal a deteriorating value potential, or other securities with entrepreneurial characteristics have better price performance potential. When the advisor believes market conditions are unfavorable, it may use options and short selling to hedge a portion or all of the portfolio’s market risk. The advisor may engage in frequent trading to achieve the Fund’s investment objective. The Fund is non-diversified and therefore may invest a greater percentage of its assets in a particular company than a diversified fund.

The Fund may engage in securities lending. The Fund may engage in frequent trading of the portfolio, resulting in a high portfolio turnover rate.

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ENTR - Performance

Return Ranking - Trailing

Period ENTR Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -11.0% 26.0% 56.02%
1 Yr 38.5% -11.4% 67.4% 30.74%
3 Yr 2.0%* -27.1% 25.2% 91.62%
5 Yr 8.3%* -14.7% 29.5% 95.60%
10 Yr N/A* -5.0% 19.6% 80.21%

* Annualized

Return Ranking - Calendar

Period ENTR Return Category Return Low Category Return High Rank in Category (%)
2023 51.9% -65.6% 72.4% 3.67%
2022 -41.1% -85.9% 4.7% 82.96%
2021 -42.2% -52.4% 60.5% 99.55%
2020 41.9% -34.3% 145.0% 14.88%
2019 31.6% -21.8% 49.4% 15.04%

Total Return Ranking - Trailing

Period ENTR Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -11.0% 26.0% 56.02%
1 Yr 38.5% -11.4% 67.4% 30.74%
3 Yr 2.0%* -27.1% 25.2% 91.62%
5 Yr 8.3%* -14.7% 29.5% 95.60%
10 Yr N/A* -5.0% 19.6% N/A

* Annualized

Total Return Ranking - Calendar

Period ENTR Return Category Return Low Category Return High Rank in Category (%)
2023 51.9% -4.6% 72.4% 5.94%
2022 -41.1% -61.7% 5.6% 94.23%
2021 -8.5% -39.8% 118.1% 99.10%
2020 50.3% 2.8% 149.2% 14.51%
2019 31.7% -5.2% 49.4% 62.50%

ENTR - Holdings

Concentration Analysis

ENTR Category Low Category High ENTR % Rank
Net Assets 79.8 M 242 K 269 B 89.47%
Number of Holdings 51 2 3211 65.24%
Net Assets in Top 10 25.2 M 109 K 111 B 92.05%
Weighting of Top 10 34.63% 0.7% 100.3% 87.92%

Top 10 Holdings

  1. Toast, Inc. 4.17%
  2. BILL Holdings, Inc. 4.09%
  3. Unity Software, Inc. 3.97%
  4. UiPath, Inc. 3.55%
  5. Exact Sciences Corporation 3.48%
  6. Etsy, Inc. 3.38%
  7. Affirm Holdings, Inc. 3.31%
  8. Twilio, Inc. 3.25%
  9. Ubiquiti, Inc. 2.74%
  10. Penumbra, Inc. 2.68%

Asset Allocation

Weighting Return Low Return High ENTR % Rank
Stocks
99.08% 0.00% 130.05% 43.06%
Cash
0.95% 0.00% 99.00% 53.01%
Preferred Stocks
0.00% 0.00% 7.84% 60.61%
Other
0.00% -43.49% 50.04% 62.18%
Convertible Bonds
0.00% 0.00% 1.94% 54.06%
Bonds
0.00% 0.00% 104.29% 56.86%

Stock Sector Breakdown

Weighting Return Low Return High ENTR % Rank
Technology
37.91% 0.00% 65.70% 39.04%
Healthcare
17.45% 0.00% 39.76% 15.11%
Communication Services
16.65% 0.00% 66.40% 9.96%
Consumer Cyclical
8.99% 0.00% 62.57% 88.47%
Financial Services
6.97% 0.00% 43.06% 70.92%
Industrials
3.92% 0.00% 30.65% 74.41%
Basic Materials
2.90% 0.00% 18.91% 18.34%
Energy
2.62% 0.00% 41.09% 23.06%
Real Estate
2.57% 0.00% 16.05% 21.40%
Utilities
0.00% 0.00% 16.07% 67.69%
Consumer Defense
0.00% 0.00% 25.50% 93.45%

Stock Geographic Breakdown

Weighting Return Low Return High ENTR % Rank
US
99.08% 0.00% 130.05% 30.74%
Non US
0.00% 0.00% 78.10% 68.21%

ENTR - Expenses

Operational Fees

ENTR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 28.71% 69.53%
Management Fee 0.75% 0.00% 1.40% 81.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

ENTR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

ENTR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% 92.19%

ENTR - Distributions

Dividend Yield Analysis

ENTR Category Low Category High ENTR % Rank
Dividend Yield 0.00% 0.00% 27.58% 74.39%

Dividend Distribution Analysis

ENTR Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual Annual

Net Income Ratio Analysis

ENTR Category Low Category High ENTR % Rank
Net Income Ratio -0.41% -6.13% 1.75% 57.81%

Capital Gain Distribution Analysis

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

Distributions History

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ENTR - Fund Manager Analysis

Managers

Joel Shulman


Start Date

Tenure

Tenure Rank

Nov 07, 2017

4.56

4.6%

Dr. Joel M. Shulman is the founder, managing director, and CIO of ERShares. His 25+ years of research at Babson College (ranked #1 in Entrepreneurship) and author of a best-selling book developed while at Harvard University, led to the formation of a proprietary investment model and the Entrepreneur Factor. Dr. Shulman previously founded and sold The Shulman Review, a CFA test-prep company that trained over 12,000+ investment professionals in 110+ countries around the world. He has provided consulting services to the World Bank and helped facilitate capital market development in Central Asian states. Dr. Shulman appears frequently in the media on Fox Business, CNBC, Yahoo Finance, Bloomberg, WSJ, Barrons, and Forbes (among others). He holds a Ph.D. in Finance, CFA charter holder, and an MPA from Harvard University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.28 3.08