AHOY
Newday Ocean Health ETF
AHOY actively invests in companies from around the world that make positive contributions to Ocean Health or those perceived to have concern and attentiveness to CO2 emissions, product waste, and discharge into bodies of water.
Fund Basics
Fund sponsor | Toroso Investments |
Category | US Equities |
Asset class | Equity |
Website | link... |
Inception date | Jun 06, 2022 |
Assets (mns) | $3 |
Expense ratio | 75 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
DSM-FIRMENICH AG | 5.2 % |
XYLEM INC | 4.9 % |
TETRA TECH INC | 4.8 % |
ECOLAB INC | 4.7 % |
KROGER CO | 4.7 % |
WAL-MART STORES INC | 4.7 % |
JACOBS SOLUTIONS INC. | 4.6 % |
CRODA INTERNATIONAL PLC | 4.4 % |
CARGOTEC CORP-B SHARE | 4.3 % |
STANTEC INC | 4.2 % |
Constituent Breakdown
Number of holdings | 25 |
Herfindahl-Hirschman Index | 410 |
Wgt avg mkt cap (mns) | $58,008 |
Large cap (>$10bn) | 57.5% |
Mid cap ($2-10bn) | 34.8% |
Small cap (<$2bn) | 7.7% |
Developed mkts. | 97.4% |
Emerging mkts. | 2.7% |
Country Exposure
UNITED STATES | 52.2 % | |
JAPAN | 7.6 % | |
NORWAY | 7.6 % | |
BRITAIN | 7.5 % | |
SWITZERLAND | 5.2 % | |
FINLAND | 4.3 % | |
CANADA | 4.2 % | |
FRANCE | 4.2 % | |
SPAIN | 3.8 % | |
SOUTH AFRICA | 2.8 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
---|---|---|---|---|---|---|
5.4% | 18.4% | -- | -- | -- | -- | 19.5% |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.09 | 103% |
MSCI EAFE | 0.87 | 76% |
MSCI Emg Mkts | 0.54 | 45% |
Liquidity Measures
Avg. volume (000) | 0 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.45% |
ADV of underlying (mns) | $5,980 |
Technical Indicators
Recent close | $22.97 |
30d moving avg. | $20.67 |
Annualized volatility | 16.1% |
Relative strength (RSI) | 83 |
Short interest (ETF) | 0.3% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. AHOY |
Expenses vs. AHOY |
ALTAR Score™ vs. AHOY |
---|---|---|---|---|
CGW | Invesco S&P Global Water Index ETF | 24.3% | -18 bp | -1.8% |
EBLU | Ecofin Global Water ESG Fund | 22.5% | -35 bp | -1.7% |
FIW | First Trust Water ETF | 19.1% | -22 bp | -1.1% |
RTH | VanEck Retail ETF | 18.9% | -40 bp | +0.4% |
AQWA | Global X Clean Water ETF | 18.1% | -25 bp | -1.3% |
IWTR | iShares MSCI Water Management Multisector ETF | 17.9% | -28 bp | -0.8% |
PIO | Invesco Global Water ETF | 16.3% | 0 bp | -0.7% |
EFRA | iShares Environmental Infrastructure and Industrials ETF | 15.2% | -28 bp | -0.4% |
PHO | Invesco Water Resources ETF | 15.0% | -15 bp | -1.3% |
VIRS | Pacer BioThreat Strategy ETF | 14.1% | -5 bp | +0.4% |
Risk and Returns: AHOY vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 4/25/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
AHOY
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
AHOY
5.6%
Cat. Avg
5.8%
Fund Category: US Equities
Avg. Return on Equity | --% |
Divided by: Fwd. P/BV | --x |
Less: Expenses | -- bp |
Equals: ALTAR Score™ | 5.6% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 886 funds in the US Equities category, with an average ALTAR Score™
of 5.8% and a standard deviation of
2.7%. AHOY's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places AHOY in the 47th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
AHOY
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
Latest price | |
Change | |
Volume | |
Bid/Ask Spread | |
Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
AHOY | 75.0 | 45.3 | 120.3 |
Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .