MDLV

Morgan Dempsey Large Cap Value ETF

$28.17
+0.00%
Market closed. Last update: 11:43 PM ET

📎 Investment Objective

The Morgan Dempsey Large Cap Value ETF seeks to provide investment results that correspond generally to the performance of the Morgan Dempsey Large Cap Value Index, which is designed to track the performance of large-capitalization value stocks.

Overview

ETF tracking Morgan Dempsey Large Cap Value ETF

Category Large Cap
Issuer Other
Inception Date 2023-04-26
Market Cap $31.3M
Average Volume N/A
Dividend Yield 2.91%
52-Week Range $24.52 - $28.17
VWAP $28.10

Performance

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Investment Summary

📎 Investment Objective

The Morgan Dempsey Large Cap Value ETF seeks to provide investment results that correspond generally to the performance of the Morgan Dempsey Large Cap Value Index, which is designed to track the performance of large-capitalization value stocks.

🎯 Investment Strategy

The ETF invests in a portfolio of large-cap U.S. stocks that are selected based on their value characteristics, such as low price-to-earnings and price-to-book ratios. The fund's holdings are weighted by market capitalization and rebalanced quarterly.

✨ Key Features

  • Focuses on large-cap U.S. stocks with value characteristics
  • Seeks to track the performance of the Morgan Dempsey Large Cap Value Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking exposure to the large-cap value segment of the U.S. equity market

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Sector concentration risk: The fund may be more susceptible to factors affecting a particular sector
  • Value investing risk: Value stocks may underperform the overall stock market for a period of time
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to large-cap U.S. value stocks as part of a diversified portfolio. It may be particularly appealing to investors with a moderate risk tolerance who are looking for a low-cost way to gain exposure to the large-cap value segment of the market.