Main Sector Rotation Etf Profile
| SECT Etf | USD 47.74 0.15 0.31% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Main Sector is selling for under 47.74 as of the 18th of April 2024; that is -0.31 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 47.74. Main Sector has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Main Sector Rotation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
The fund utilizes a fund of funds structure to invest in sector-based equity ETFs. Northern Lights is traded on BATS Exchange in the United States. More on Main Sector Rotation
Moving together with Main Etf
| 0.99 | VTI | Vanguard Total Stock | PairCorr |
| 0.95 | SPY | SPDR SP 500 | PairCorr |
| 0.98 | IVV | iShares Core SP | PairCorr |
| 0.92 | VIG | Vanguard Dividend | PairCorr |
| 0.94 | VV | Vanguard Large Cap | PairCorr |
| 0.94 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
| 0.98 | IWB | iShares Russell 1000 | PairCorr |
Main Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Main Sector's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Main Sector or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Strategy ETFs (View all Themes) |
| Business Concentration | Strategy ETFs, Large Blend, Main Management ETFs (View all Sectors) |
| Issuer | Main Management |
| Inception Date | 2017-09-05 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.6 Billion |
| Average Trading Valume | 83,616.7 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Alpha-Seeking |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Gemini Fund Services, LLC |
| Advisor | Main Management ETF Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Northern Lights Distributors, LLC |
| Portfolio Manager | Kim D. Arthur, James W. Concidine, J. Richard Fredericks |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 20.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.75 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 3.8 |
| Name | Main Sector Rotation ETF |
| Currency Code | USD |
| Open Figi | BBG00HMJ98D5 |
| In Threey Volatility | 16.39 |
| 1y Volatility | 12.74 |
| 200 Day M A | 45.2948 |
| 50 Day M A | 49.1896 |
| Code | SECT |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.51 |
Main Sector Rotation [SECT] is traded in USA and was established 2017-09-05. The fund is listed under Large Blend category and is part of Main Management ETFs family. The entity is thematically classified as Strategy ETFs. Main Sector Rotation at this time have 957.24 M in assets. , while the total return for the last 3 years was 7.4%.
Check Main Sector Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Main Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Main Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Main Sector Rotation Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Main Sector Rotation Currency Exposure
Main Sector Rotation holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Main Sector will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Main Sector Rotation.
Top Main Sector Rotation Etf Constituents
| GDX | VanEck Gold Miners | Etf | Equity Precious Metals |
| VWO | Vanguard FTSE Emerging | Etf | Diversified Emerging Mkts |
| IBB | iShares Biotechnology ETF | Etf | Health |
| XLP | Consumer Staples Select | Etf | Consumer Defensive |
| VOE | Vanguard Mid Cap Value | Etf | Mid-Cap Value |
| BIL | SPDR Bloomberg 1 3 | Etf | Ultrashort Bond |
| XME | SPDR SP Metals | Etf | Natural Resources |
Main Sector Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Main Sector jumping above the current price in 90 days from now is about 76.97%. The Main Sector Rotation probability density function shows the probability of Main Sector etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.1176. This usually implies Main Sector Rotation market returns are related to returns on the market. As the market goes up or down, Main Sector is expected to follow. Additionally, main Sector Rotation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Main Sector to move above the current price in 90 days from now is about 76.97 (This Main Sector Rotation probability density function shows the probability of Main Etf to fall within a particular range of prices over 90 days) .
Main Sector Rotation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Main Sector market risk premium is the additional return an investor will receive from holding Main Sector long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Main Sector. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Main Sector's alpha and beta are two of the key measurements used to evaluate Main Sector's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0476 | |||
| Jensen Alpha | (0.0002) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0057 |
Main Sector Against Markets
Picking the right benchmark for Main Sector etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Main Sector etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Main Sector is critical whether you are bullish or bearish towards Main Sector Rotation at a given time. Please also check how Main Sector's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Main Sector without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Main Etf?
Before investing in Main Sector, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Main Sector. To buy Main Sector etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Main Sector. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Main Sector etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Main Sector Rotation etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Main Sector Rotation etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Main Sector Rotation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Main Etf please use our How to Invest in Main Sector guide.
Already Invested in Main Sector Rotation?
The danger of trading Main Sector Rotation is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Main Sector is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Main Sector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Main Sector Rotation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Main Sector Rotation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Main Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Main Sector Rotation Etf. Highlighted below are key reports to facilitate an investment decision about Main Sector Rotation Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Sector Rotation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Main Sector Rotation information on this page should be used as a complementary analysis to other Main Sector's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Main Sector Rotation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Sector's value that differs from its market value or its book value, called intrinsic value, which is Main Sector's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Sector's market value can be influenced by many factors that don't directly affect Main Sector's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Sector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.