MAGA
Point Bridge America First ETF
The Point Bridge GOP Stock Tracker ETF tracks an index of US large-cap companies whose employees and political action committees are highly supportive of Republican candidates.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
23.4 M
ASSETS UNDER MGMT
72 bp
EXPENSES
Fund Basics
Fund sponsor | Point Bridge Capital |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Sep 06, 2017 |
Assets (mns) | $23 |
Expense ratio | 72 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Annually |
Taxation | 1099 |
Stock selection | Principles-based |
Weighting | Equal |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
CONSTELLATION ENERGY CORPORATION | 1.0 % |
VISTRA ENERGY CORP. | 1.0 % |
BUILDERS FIRSTSOURCE INC | 0.9 % |
ROBINHOOD MARKETS, INC. CLASS A | 0.9 % |
KKR & CO LP | 0.8 % |
QUANTA SERVICES INC | 0.8 % |
APOLLO GLOBAL MANAGEMENT INC. | 0.8 % |
PARKER HANNIFIN CORP | 0.8 % |
BLACKSTONE GROUP LP/THE | 0.8 % |
COOPER COS INC/THE | 0.8 % |
Constituent Breakdown
Number of holdings | 138 |
Herfindahl-Hirschman Index | 73 |
Wgt avg mkt cap (mns) | $64,803 |
Large cap (>$10bn) | 98.5% |
Mid cap ($2-10bn) | 1.5% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 100.0% |
Emerging mkts. | 0.0% |
Country Exposure
UNITED STATES | 94.5 % | |
IRELAND | 2.2 % | |
SWITZERLAND | 1.4 % | |
BRITAIN | 1.4 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 11.5% | 24.0% | 18.2% | 10.1% | 13.0% | -- | 10.3% | Volatility | 10.8% | 12.4% | 16.9% | 17.2% | 23.7% | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.94 | 78% |
MSCI EAFE | 0.94 | 76% |
MSCI Emg Mkts | 0.68 | 37% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.2% |
Avg. Bid/Ask (% of price) | 0.19% |
ADV of underlying (mns) | $28,911 |
Technical Indicators
Recent close | $49.23 |
30d moving avg. | $47.77 |
Annualized volatility | 19.1% |
Relative strength (RSI) | 48 |
Short interest (ETF) | 0.1% |
Short interest (underlying) | 2.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. MAGA |
Expenses vs. MAGA |
ALTAR Score™ vs. MAGA |
---|---|---|---|---|
FTA | First Trust Large Cap Value AlphaDEX Fund | 33.9% | -13 bp | +2.4% |
TPLC | Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund | 30.4% | -20 bp | -0.6% |
TPLE | Timothy Plan Us Large/Mid Cap Core Enhanced ETF | 30.3% | -14 bp | -0.7% |
FEX | First Trust Large Cap Core AlphaDEX Fund | 29.7% | -13 bp | -0.1% |
TPHD | Timothy Plan High Dividend Stock ETF | 28.7% | -20 bp | +0.2% |
TPHE | Timothy Plan High Dividend Stock Enhanced ETF | 28.7% | -18 bp | +0.2% |
JOET | Virtus Terranova US Quality Momentum ETF | 28.5% | -43 bp | -0.9% |
VO | Vanguard Mid-Cap ETF | 27.2% | -68 bp | -0.2% |
RBLD | First Trust Alerian US NextGen Infrastructure ETF | 26.7% | -7 bp | -1.0% |
IMCV | iShares Morningstar Mid-Cap Value ETF | 26.5% | -66 bp | +2.0% |
Risk and Returns: MAGA 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.
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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
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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 10/4/2024
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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
MAGA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
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.
ALTAR Score™
MAGA
5.8%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 936 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.4%. MAGA's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places MAGA in the 53rd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
MAGASELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
MAGA (72 bp) Percentile rank | 79 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
MAGA | 72.0 | 19.1 | 91.1 |
Peer Avg. | 29.9 | 13.7 | 43.6 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .