ITAN

Sparkline Intangible Value ETF

$35.52
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Sparkline Intangible Value ETF (ITAN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Sparkline Intangible Value Index, which is designed to track the performance of companies with significant intangible assets.

Overview

ETF tracking Sparkline Intangible Value ETF

Category Value
Issuer Other
Inception Date 2021-06-29
Market Cap $55.1M
Average Volume N/A
Dividend Yield 0.93%
52-Week Range $26.12 - $36.31
VWAP $35.36

Performance

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Investment Summary

📎 Investment Objective

The Sparkline Intangible Value ETF (ITAN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Sparkline Intangible Value Index, which is designed to track the performance of companies with significant intangible assets.

🎯 Investment Strategy

The ETF uses a passive indexing approach, investing in a portfolio of stocks that are constituents of the Sparkline Intangible Value Index. The index aims to identify companies with valuable intangible assets, such as intellectual property, brand recognition, and customer relationships, that are not fully reflected in their stock prices.

✨ Key Features

  • Focuses on companies with significant intangible assets that may be undervalued by the market
  • Passive index-tracking strategy provides broad exposure to the 'intangible value' investment theme
  • Low expense ratio of 0.00% makes it a cost-effective way to access this investment strategy
  • Recently launched fund with no performance history available yet

⚠️ Primary Risks

  • Potential volatility and risk due to the fund's focus on a specific investment theme
  • Difficulty in accurately valuing intangible assets, which could lead to mispricing of stocks
  • Lack of performance history makes it challenging to evaluate the fund's long-term viability
  • Low assets under management may result in lower trading liquidity and higher tracking error

👤 Best For

The Sparkline Intangible Value ETF may be suitable for investors seeking exposure to companies with valuable intangible assets, as part of a diversified portfolio. It may appeal to investors with a long-term investment horizon and a higher risk tolerance, as the fund's focus on a specific investment theme could lead to increased volatility.