APUE

ActivePassive U.S. Equity ETF

$41.05
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The ActivePassive U.S. Equity ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the U.S. equity market.

Overview

ETF tracking ActivePassive U.S. Equity ETF

Category Other
Issuer Other
Inception Date 2023-05-03
Market Cap $2.1B
Average Volume N/A
Dividend Yield 0.69%
52-Week Range $30.31 - $41.85
VWAP $41.06

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The ActivePassive U.S. Equity ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the U.S. equity market.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of U.S. equity securities, seeking to track the overall performance of the broad U.S. stock market. The fund's strategy combines passive index-based exposure with active management to potentially enhance returns.

✨ Key Features

  • Broad exposure to the U.S. equity market
  • Combines passive index tracking with active management
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Tracking error risk: The fund may not perfectly track the performance of the U.S. equity market
  • Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time and price
  • Management risk: The active management component may not achieve its intended results

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. equity market with the potential for enhanced returns through active management. It may be appropriate as a core holding in a diversified portfolio, particularly for investors with a long-term investment horizon and moderate risk tolerance.