CPAI

Counterpoint Quantitative Equity ETF

$39.17
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Counterpoint Quantitative Equity ETF (CPAI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Counterpoint Quantitative Equity Index.

Overview

ETF tracking Counterpoint Quantitative Equity ETF

Category Other
Issuer Other
Inception Date 2024-10-30
Market Cap $112.8M
Average Volume N/A
Dividend Yield 0.36%
52-Week Range $29.36 - $40.16
VWAP $39.14

Performance

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Investment Summary

📎 Investment Objective

The Counterpoint Quantitative Equity ETF (CPAI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Counterpoint Quantitative Equity Index.

🎯 Investment Strategy

The ETF uses a quantitative, rules-based approach to track the Counterpoint Quantitative Equity Index, which is designed to provide exposure to a diversified portfolio of U.S. equities. The index selects and weights securities based on a proprietary quantitative model that aims to identify stocks with attractive risk-adjusted return potential.

✨ Key Features

  • Quantitative, rules-based investment approach
  • Diversified portfolio of U.S. equities
  • Seeks to provide broad market exposure
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's investments may decline due to general market conditions or other factors
  • Equity risk: The ETF is subject to the risks associated with the stock market, including volatility
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index
  • Liquidity risk: The ETF may have difficulty buying or selling certain investments at an optimal time and price

👤 Best For

The Counterpoint Quantitative Equity ETF may be suitable for investors seeking broad U.S. equity exposure through a low-cost, passively managed fund. It may be appropriate as a core holding in a diversified portfolio, or as a complement to actively managed equity investments.