ELM

Elm Market Navigator ETF

$27.55

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Elm Market Navigator ETF seeks to provide investment results that correspond generally to the performance of the Elm Innovation Index, which is designed to track the performance of companies at the forefront of technological innovation.

Overview

ETF tracking Elm Market Navigator ETF

Category Innovation

Issuer Other

Inception Date 2025-02-11

Market Cap $473.3M

Average Volume N/A

Dividend Yield N/A

52-Week Range $22.99 - $28.00

VWAP $27.59

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF employs a passive management (or index-tracking) strategy, attempting to track the performance of its underlying index by investing in the securities that make up the index in proportion to their weightings in the index.

✨ Key Features

Provides exposure to a diversified portfolio of innovative companies across various sectors
Tracks the Elm Innovation Index, which is designed to identify emerging technology trends
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions
Concentration risk: The fund's performance may be more volatile due to its focus on innovative companies
Liquidity risk: Shares may trade at prices significantly different from the fund's net asset value
Lack of track record: With limited performance history, the fund's long-term viability is uncertain

👤 Best For

The Elm Market Navigator ETF may be suitable for investors seeking exposure to innovative companies and technological advancements, with a long-term investment horizon and a higher risk tolerance. Due to the fund's limited track record, it may be more appropriate for investors as a smaller allocation within a diversified portfolio.