Northern Lights Etf Profile

IBD Etf  USD 23.65  0.09  0.38%   

Performance

0 of 100

 
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Strong
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Odds Of Distress

Less than 9

 
High
 
Low
Low
Northern Lights is trading at 23.65 as of the 21st of November 2024, a 0.38 percent decrease since the beginning of the trading day. The etf's lowest day price was 23.49. Northern Lights has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Northern Lights are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund generally invests at least 80 percent of its total assets in the component securities of the index. Inspire Corporate is traded on NYSEARCA Exchange in the United States. More on Northern Lights

Moving together with Northern Etf

  0.9LQD iShares iBoxx InvestmentPairCorr
  0.91IGIB iShares 5 10 Sell-off TrendPairCorr
  0.9USIG iShares Broad USDPairCorr
  0.9SPIB SPDR Barclays Interm Sell-off TrendPairCorr
  0.9SUSC iShares ESG USDPairCorr
  0.9QLTA iShares AaaPairCorr

Moving against Northern Etf

  0.57AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.52AEMB American Century InvPairCorr

Northern Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, Investment Grade ETFs, Corporate Bond, Inspire (View all Sectors)
IssuerInspire Investing
Inception Date2017-07-10
BenchmarkInspire Corporate Bond Impact Equal Weight Index
Entity TypeRegulated Investment Company
Asset Under Management330.66 Million
Average Trading Valume88,404.3
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorUltimus Fund Solutions, LLC
AdvisorInspire Investing, LLC
CustodianBrown Brothers Harriman & Co.
DistributorForeside Fund Services, LLC
Portfolio ManagerDarrell Jayroe, Robert Netzly, Isaac Beckel, Tim Schwarzenberger
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End30-Nov
ExchangeNYSE Arca, Inc.
Number of Constituents251
Market MakerGTS
Total Expense0.44
Management Fee0.3
Country NameUSA
Returns Y T D4.05
NameNorthern Lights Fund Trust IV - Inspire Corporate Bond Impact ETF
Currency CodeUSD
Open FigiBBG00H3TKKC5
In Threey Volatility5.65
1y Volatility5.44
200 Day M A23.596
50 Day M A23.9022
CodeIBD
Updated At20th of November 2024
Currency NameUS Dollar
Northern Lights [IBD] is traded in USA and was established 2017-07-10. The fund is classified under Corporate Bond category within Inspire family. The entity is thematically classified as Corporate ETFs. Northern Lights currently have 272 M in assets under management (AUM). , while the total return for the last 3 years was 0.1%.
Check Northern Lights 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 Northern Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Northern 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 Northern Lights 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.

Top Northern Lights Etf Constituents

Roper Technologies Inc 3.8%1.15%
Cintas Corporation No. 2 3.7%1.14%
Cboe Global Markets Inc 3.65%1.74%
Illinois Tool Works Inc. 2.65%1.23000005%
Parker-Hannifin Corporation 3.25%1.4400001%
Honeywell International Inc. 2.5%1.23000005%
Realty Income Corp. 4.125%1.15%
Costco Wholesale Corporation 3%1.14%
Dollar Tree Inc 4.2%1.14%
Amphenol Corporation 4.35%1.36%

Northern Lights Risk Profiles

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 Northern Lights. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Northern Lights Against Markets

When determining whether Northern Lights offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Lights' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Lights Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Lights Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Northern Lights. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Northern Etf refer to our How to Trade Northern Etf guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of Northern Lights is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Lights' value that differs from its market value or its book value, called intrinsic value, which is Northern Lights' 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 Northern Lights' market value can be influenced by many factors that don't directly affect Northern Lights' 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 Northern Lights' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Lights is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Lights' 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.