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Trending ETFs

CP High Yield Trend ETF

ETF
HYTR
Payout Change
Pending
Price as of:
$21.52 +0.0 +0.0%
primary theme
High Yield Bond
HYTR (ETF)

CP High Yield Trend ETF

Payout Change
Pending
Price as of:
$21.52 +0.0 +0.0%
primary theme
High Yield Bond
HYTR (ETF)

CP High Yield Trend ETF

Payout Change
Pending
Price as of:
$21.52 +0.0 +0.0%
primary theme
High Yield Bond

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$21.52

$9.44 M

1.82%

$0.39

1.03%

Vitals

YTD Return

-9.2%

1 yr return

-8.5%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$9.44 M

Holdings in Top 10

99.8%

52 WEEK LOW AND HIGH

$21.5
$20.74
$23.92

Expenses

OPERATING FEES

Expense Ratio 1.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 255.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

High Yield Bond


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$21.52

$9.44 M

1.82%

$0.39

1.03%

HYTR - Profile

Distributions

  • YTD Total Return -9.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.28%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    CP High Yield Trend ETF
  • Fund Family Name
    Counterpoint Mutual Funds
  • Inception Date
    Jan 22, 2020
  • Shares Outstanding
    425000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph Engelberg

Fund Description

The fund seeks to achieve its investment objective by investing at least 80% of its net assets in securities included in the index. The rules-based index is comprised of one to three constituents that are a blend of allocations to two asset classes: U.S. high yield corporate bond exchange-traded funds ("ETFs") and U.S. 3-7 year Treasury ETFs.


HYTR - Performance

Return Ranking - Trailing

Period HYTR Return Category Return Low Category Return High Rank in Category (%)
YTD -9.2% -49.8% 8.5% 13.78%
1 Yr -8.5% -30.6% 21.3% 16.16%
3 Yr N/A* -15.6% 63.9% N/A
5 Yr N/A* -13.9% 34.5% N/A
10 Yr N/A* -9.1% 16.7% N/A

* Annualized

Return Ranking - Calendar

Period HYTR Return Category Return Low Category Return High Rank in Category (%)
2021 2.7% -44.3% 11.2% 13.42%
2020 N/A -56.9% 123.4% N/A
2019 N/A -53.7% 8.9% N/A
2018 N/A -33.7% 2.0% N/A
2017 N/A -9.4% 12.0% N/A

Total Return Ranking - Trailing

Period HYTR Return Category Return Low Category Return High Rank in Category (%)
YTD -9.2% -49.8% 8.5% 11.76%
1 Yr -8.5% -30.6% 23.7% 17.07%
3 Yr N/A* -15.6% 63.9% N/A
5 Yr N/A* -13.9% 34.5% N/A
10 Yr N/A* -9.1% 16.7% N/A

* Annualized

Total Return Ranking - Calendar

Period HYTR Return Category Return Low Category Return High Rank in Category (%)
2021 2.7% -44.3% 11.2% 13.56%
2020 N/A -56.9% 123.4% N/A
2019 N/A -53.7% 8.8% N/A
2018 N/A -33.7% 2.0% N/A
2017 N/A -9.4% 12.0% N/A

HYTR - Holdings

Concentration Analysis

HYTR Category Low Category High HYTR % Rank
Net Assets 9.44 M 1.47 M 26.2 B 97.86%
Number of Holdings 2 2 2736 99.87%
Net Assets in Top 10 9.4 M -492 M 2.55 B 81.42%
Weighting of Top 10 99.78% 3.0% 100.0% 1.17%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High HYTR % Rank
Bonds
99.51% 0.00% 154.38% 6.81%
Cash
0.49% -52.00% 100.00% 83.23%
Stocks
0.00% -0.60% 52.82% 71.85%
Preferred Stocks
0.00% 0.00% 14.10% 52.13%
Other
0.00% -63.70% 32.06% 40.90%
Convertible Bonds
0.00% 0.00% 17.89% 93.16%

Bond Sector Breakdown

Weighting Return Low Return High HYTR % Rank
Government
99.07% 0.00% 99.07% 0.13%
Cash & Equivalents
0.93% 0.00% 99.98% 85.66%
Derivative
0.00% 0.00% 45.95% 35.01%
Securitized
0.00% 0.00% 97.24% 52.84%
Corporate
0.00% 0.00% 100.00% 99.22%
Municipal
0.00% 0.00% 1.17% 19.12%

Bond Geographic Breakdown

Weighting Return Low Return High HYTR % Rank
US
99.51% 0.00% 150.64% 1.68%
Non US
0.00% 0.00% 96.17% 98.97%

HYTR - Expenses

Operational Fees

HYTR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.02% 3.87% 31.37%
Management Fee 0.50% 0.00% 1.84% 33.47%
12b-1 Fee 0.00% 0.00% 1.00% 2.82%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

HYTR 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% 5.50% N/A

Trading Fees

HYTR 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.

HYTR Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 255.00% 1.00% 327.00% 99.85%

HYTR - Distributions

Dividend Yield Analysis

HYTR Category Low Category High HYTR % Rank
Dividend Yield 1.82% 0.00% 19.00% 88.58%

Dividend Distribution Analysis

HYTR Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

HYTR Category Low Category High HYTR % Rank
Net Income Ratio 3.28% -2.39% 14.30% 90.20%

Capital Gain Distribution Analysis

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

Distributions History

View More +

HYTR - Fund Manager Analysis

Managers

Joseph Engelberg


Start Date

Tenure

Tenure Rank

Jan 22, 2020

2.36

2.4%

Joseph Engelberg has served as Chief Research Officer of Counterpoint Mutual Funds, LLC since 2015. Dr. Engelberg has also been an Associate Professor of Finance at University California San Diego, Rady School of Management since 2011. Prior to joining Counterpoint Mutual Funds, LLC, Dr. Engelberg co-founded Counterpoint Asset Management, LLC in 2012. From 2008 to 2011, Dr. Engelberg was an Assistant Professor of Finance at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. He earned his Ph.D. in Finance from the Kellogg School of Management at Northwestern University and earned his B.A. in Mathematics and B.S. in Business Administration from the University of Southern California.

Michael Krause


Start Date

Tenure

Tenure Rank

Jan 22, 2020

2.36

2.4%

Michael Krause is a co-founder of Counterpoint Mutual Funds, LLC. Prior to founding Counterpoint Mutual Funds, LLC in 2014, Mr. Krause co-founded Counterpoint Asset Management, LLC in 2012 to offer quantitative investment strategies to investment clients. Mr. Krause served as a senior financial risk analyst for San Diego Gas & Electric from 2012 until 2014. Mr. Krause is a CFA® charter holder. He obtained an MBA from the Rady School of Management at the University of California at San Diego in 2012 and a Bachelor of Arts in Economics from San Diego State University. Prior to attending San Diego State University, Mr. Krause worked as a computer and information technology consultant and co-founded Exchange Network Services, Inc., an internet service provider, which earned him the Ernst and Young Entrepreneur of the Year, Northeast Ohio regional award in 1998.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.11 2.92