SAMM

Strategas Macro Momentum ETF

$29.31

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Strategas Macro Momentum ETF (SAMM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Strategas Macro Momentum Index.

Overview

ETF tracking Strategas Macro Momentum ETF

Category Energy

Issuer Other

Inception Date 2024-04-04

Market Cap $17.9M

Average Volume N/A

Dividend Yield 0.65%

52-Week Range $22.11 - $30.42

VWAP $29.25

Performance

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Investment Summary

📎 Investment Objective

The Strategas Macro Momentum ETF (SAMM) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Strategas Macro Momentum Index.

🎯 Investment Strategy

The fund invests primarily in U.S. equity securities included in the Strategas Macro Momentum Index, which is designed to provide exposure to companies that exhibit positive momentum based on macroeconomic factors. The index uses a rules-based methodology to identify and weight securities.

✨ Key Features

Focuses on companies exhibiting positive momentum based on macroeconomic factors
Utilizes a rules-based index methodology to select and weight securities
Provides exposure to the U.S. equity market with a momentum-based approach
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the fund's investments may decline due to general market conditions
Momentum investing risk: The fund's momentum-based strategy may perform poorly if momentum reverses or does not continue
Concentration risk: The fund may be more susceptible to losses due to adverse occurrences affecting a particular sector or industry
Lack of performance history: The fund has limited operating history, making it difficult to evaluate its long-term performance

👤 Best For

The Strategas Macro Momentum ETF may be suitable for investors seeking exposure to U.S. equities with a momentum-based investment approach. Investors should have a medium to long-term investment horizon and be willing to accept the risks associated with the fund's strategy and sector concentration.