ESN
Essential 40 Stock ETF
📎 Investment Objective
The Essential 40 Stock ETF (ESN) seeks to provide exposure to a diversified portfolio of large-cap U.S. stocks that are considered essential to the economy.
Overview
ETF tracking Essential 40 Stock ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Essential 40 Stock ETF (ESN) seeks to provide exposure to a diversified portfolio of large-cap U.S. stocks that are considered essential to the economy.
🎯 Investment Strategy
The ETF tracks an index that selects 40 stocks from a universe of the largest U.S. companies across a range of sectors. The index methodology aims to identify companies that are integral to the functioning of the U.S. economy and have demonstrated financial stability and growth potential.
✨ Key Features
- Diversified exposure to 40 large-cap U.S. stocks across multiple sectors
- Index methodology focuses on identifying economically essential companies
- Low expense ratio of 0.00%
- Suitable for investors seeking broad exposure to the U.S. stock market
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Concentration risk: The ETF's performance is tied to the 40 stocks in the index, which may be more volatile than a more diversified portfolio
- Liquidity risk: The ETF may have difficulty trading certain holdings, especially during periods of market stress
- Economic risk: The ETF's performance is tied to the health of the U.S. economy, which may be subject to various economic factors
👤 Best For
The Essential 40 Stock ETF may be suitable for long-term investors seeking broad exposure to the U.S. stock market, with a focus on large, economically essential companies. It can be used as a core holding in a diversified portfolio, but investors should be aware of the concentration and market risks associated with the fund.