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LeaderShares Equity Skew ETF (SQEW)

31.56 +0.29 (+0.94%)
At close: April 26 at 2:09 PM EDT

ETF Summary

The fund is an actively managed exchange traded fund ("ETF") that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in equity securities. The adviser employs a contrarian strategy seeking to buy underperforming asset classes and/or factors and sell outperforming asset classes and/or factors based on quantitative research. It may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index.

ETF Overview

Category Mid-Cap Blend
Fund Family LeaderShares
Net Assets 185.98M
YTD Daily Total Return 1.11%
Yield 1.12%
Legal Type Exchange Traded Fund

ETF Operations

Attributes SQEW Category Average
Annual Report Expense Ratio (net) 0.83% 0.90%
Holdings Turnover 143.00% 57.81%
Total Net Assets 22,880.70 22,880.70

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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