MBOX

Freedom Day Dividend ETF

$34.74
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Freedom Day Dividend ETF (MBOX) seeks to provide exposure to a portfolio of dividend-paying stocks that may benefit from increased consumer spending around major U.S. holidays and events.

Overview

ETF tracking Freedom Day Dividend ETF

Category Value
Issuer Other
Inception Date 2021-05-05
Market Cap $123.0M
Average Volume N/A
Dividend Yield 1.73%
52-Week Range $29.37 - $35.57
VWAP $34.70

Performance

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Investment Summary

📎 Investment Objective

The Freedom Day Dividend ETF (MBOX) seeks to provide exposure to a portfolio of dividend-paying stocks that may benefit from increased consumer spending around major U.S. holidays and events.

🎯 Investment Strategy

The fund tracks an index that selects companies expected to see increased sales and earnings around key U.S. holidays and events. The portfolio is weighted towards consumer discretionary, consumer staples, and retail sectors.

✨ Key Features

  • Focuses on companies that may benefit from increased consumer spending around major U.S. holidays and events
  • Diversified portfolio of dividend-paying stocks across consumer-oriented sectors
  • Low expense ratio of 0.00%
  • Limited performance history as the fund is relatively new

⚠️ Primary Risks

  • Concentration risk as the fund is focused on consumer-oriented sectors
  • Dividend payment is not guaranteed and may be reduced or suspended
  • Potential volatility due to the fund's thematic investment approach
  • Limited liquidity and trading volume compared to larger, more established ETFs

👤 Best For

The Freedom Day Dividend ETF may be suitable for investors seeking exposure to a portfolio of dividend-paying stocks that could potentially benefit from increased consumer spending around major U.S. holidays and events. However, the fund's limited performance history and thematic investment approach make it more suitable for investors with a higher risk tolerance and a longer investment horizon.