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Trending ETFs

LHA Market State Alpha Seeker ETF

Active ETF
MSVX
Payout Change
Pending
Price as of:
$25.48 -0.05 -0.2%
primary theme
Long-Short Equity
MSVX (ETF)

LHA Market State Alpha Seeker ETF

Payout Change
Pending
Price as of:
$25.48 -0.05 -0.2%
primary theme
Long-Short Equity
MSVX (ETF)

LHA Market State Alpha Seeker ETF

Payout Change
Pending
Price as of:
$25.48 -0.05 -0.2%
primary theme
Long-Short Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$25.48

$42.9 M

0.37%

$0.09

1.42%

Vitals

YTD Return

1.6%

1 yr return

0.3%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$42.9 M

Holdings in Top 10

100.0%

52 WEEK LOW AND HIGH

$25.5
$24.48
$26.76

Expenses

OPERATING FEES

Expense Ratio 1.42%

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

Investment Style

Long-Short Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$25.48

$42.9 M

0.37%

$0.09

1.42%

MSVX - Profile

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.14%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    LHA Market State Alpha Seeker ETF
  • Fund Family Name
    Little Harbor Advisors
  • Inception Date
    May 13, 2020
  • Shares Outstanding
    1650000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    D. Matthew Thompson

Fund Description

The fund is an actively-managed exchange-traded fund (“ETF”) and seeks to achieve its objective principally by investing long or short in instruments linked directly or indirectly to the performance and/or volatility of the S&P 500® Index based on quantitative analyses that seek to estimate the direction of the U.S. equity market. It is non-diversified.


MSVX - Performance

Return Ranking - Trailing

Period MSVX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -46.4% 46.4% 16.16%
1 Yr 0.3% -53.7% 63.7% 36.04%
3 Yr N/A* -9.1% 37.1% N/A
5 Yr N/A* -5.5% 12.1% N/A
10 Yr N/A* -4.3% 10.6% N/A

* Annualized

Return Ranking - Calendar

Period MSVX Return Category Return Low Category Return High Rank in Category (%)
2021 5.8% -40.0% 54.1% 51.05%
2020 N/A -47.6% 88.4% N/A
2019 N/A -20.3% 62.6% N/A
2018 N/A -53.1% 12.7% N/A
2017 N/A -67.1% 21.9% N/A

Total Return Ranking - Trailing

Period MSVX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -46.4% 46.4% 16.16%
1 Yr 0.3% -53.7% 63.7% 33.50%
3 Yr N/A* -9.1% 37.1% N/A
5 Yr N/A* -6.0% 12.1% N/A
10 Yr N/A* -4.3% 10.6% N/A

* Annualized

Total Return Ranking - Calendar

Period MSVX Return Category Return Low Category Return High Rank in Category (%)
2021 5.8% -40.0% 54.1% 51.05%
2020 N/A -47.6% 88.4% N/A
2019 N/A -20.3% 62.6% N/A
2018 N/A -53.1% 12.7% N/A
2017 N/A -12.7% 24.8% N/A

MSVX - Holdings

Concentration Analysis

MSVX Category Low Category High MSVX % Rank
Net Assets 42.9 M 818 K 5.22 B 62.93%
Number of Holdings 3 3 2670 99.49%
Net Assets in Top 10 39.2 M -96.2 M 1.15 B 36.04%
Weighting of Top 10 100.00% 1.1% 100.0% 1.15%

Top 10 Holdings

  1. E-mini S&P 500 Future Dec 21 32.43%
  2. E-mini S&P 500 Future Dec 21 32.43%
  3. E-mini S&P 500 Future Dec 21 32.43%
  4. E-mini S&P 500 Future Dec 21 32.43%
  5. E-mini S&P 500 Future Dec 21 32.43%
  6. E-mini S&P 500 Future Dec 21 32.43%
  7. E-mini S&P 500 Future Dec 21 32.43%
  8. E-mini S&P 500 Future Dec 21 32.43%
  9. E-mini S&P 500 Future Dec 21 32.43%
  10. E-mini S&P 500 Future Dec 21 32.43%

Asset Allocation

Weighting Return Low Return High MSVX % Rank
Cash
100.00% -47.87% 102.94% 2.55%
Stocks
0.00% -3.10% 119.13% 94.44%
Preferred Stocks
0.00% 0.00% 7.62% 32.14%
Other
0.00% -21.62% 49.47% 44.90%
Convertible Bonds
0.00% -0.02% 4.38% 31.63%
Bonds
0.00% -48.47% 152.17% 43.94%

MSVX - Expenses

Operational Fees

MSVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.42% 0.40% 11.46% 77.18%
Management Fee 1.10% 0.00% 2.50% 38.83%
12b-1 Fee 0.00% 0.00% 1.00% 6.09%
Administrative Fee N/A 0.03% 1.54% N/A

Sales Fees

MSVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

MSVX 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.

MSVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 479.00% N/A

MSVX - Distributions

Dividend Yield Analysis

MSVX Category Low Category High MSVX % Rank
Dividend Yield 0.37% 0.00% 18.44% 14.56%

Dividend Distribution Analysis

MSVX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Annually Annually

Net Income Ratio Analysis

MSVX Category Low Category High MSVX % Rank
Net Income Ratio -1.14% -3.33% 2.88% 64.32%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MSVX - Fund Manager Analysis

Managers

D. Matthew Thompson


Start Date

Tenure

Tenure Rank

May 13, 2020

1.96

2.0%

Matt Thompson has over 15 years of securities and futures management experience. Previously, Matt served in business development and financial modeling roles for a Chicago-based start-up derivatives exchange. From 2008 through 2012, Matt co-developed a proprietary VIX futures strategy that began trading in October 2011. In 2013, Matt began trading the strategy as a principal of Advocate Asset Management, LLC, and subsequently for a registered CTA, Typhon Capital Management. Matt is a member of the CFA Society of Chicago.

Michael Thompson


Start Date

Tenure

Tenure Rank

May 13, 2020

1.96

2.0%

Michael Thompson, CFA. Michael Thompson joined the Adviser as a portfolio manager in 2020, leading the investment function and overseeing all strategies as CIO and portfolio manager, Mike has over 23 years of experience constructing and managing portfolios with a focus on volatility and risk management strategies. Early in his career, his work included portfolio management roles at The Northern Trust, William Blair and Premier Asset Management LLC, a $500M investment advisor spun out of Northern Trust. Mike later provided derivatives modeling expertise to a start-up derivatives exchange in Chicago before being recruited by a family office where he co-developed a VIX trading strategy that began trading on a proprietary basis using VIX ETPs in October 2011 with his brother, D. Matthew Thompson, while employed at Hills Capital as a portfolio manager. In 2013, Mike began trading the VIX strategy directly in the futures market for the proprietary trading desk of ED&F Man Ltd and as a Commodity Trading Advisor, first as a principal of Advocate Asset Management LLC and subsequently for Typhon Capital Management LLC. In 2015, Mike reconnected with his RIA roots in his role as Chief Investment Officer at Kaizen Advisory LLC, where he helped to launch the securities products currently managed by TCM. Mike is a member of the CFA Society of Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.47 5.89 7.85