NASH Nashville Area ETF

Price $26.22
Today's Change -1.02 (-3.74%)
Today's Volume 1.68 K
9:40am (ET) 06/24/16

Overall Rating

D

40
as of 06/24/16

Rating Details

72
47
40
Segment Average
  • Overview
  • Efficiency
    72
  • Tradability
    47
  • Fit
    40

NASH Fund Description

Nashville Area ETF tracks a multifactor-weighted equity index comprising US-listed companies headquartered in the greater Nashville area.

NASH FactSet Analytics Insight

NASH specifically targets companiesAUM and liquidity are very thin headquartered in the Nashville, Tenn. region, offering a truly unique spin on US equity investing, one with a very local flavor. After screening out companies with market caps less than $100M and daily trading volumes under $50K shares a day, NASH weights its holdings based on fundamental and technical factors. The resulting portfolio is highly concentrated in about 25 names. The fund's biggest sector weighting goes to health care, but retailers and restaurants like Tractor Supply, Genesco and Cracker Barrel Old Country Store boost NASH's consumer cyclical exposure as well. NASH charges 49 bps, high for ETF standards, but in line with other funds targeting niche markets. While NASH is the first and only equity ETF to target a specific US metropolitan area, investors have been cool to the idea: AUM and liquidity are very thin. (Insight updated 12/29/14)

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 06/23/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
NASH6.82%8.95%5.00%-12.49%------
NASH (NAV)7.20%6.24%5.62%-12.60%------
LocalShares Nashville Index7.24%6.41%5.14%-13.73%8.81%----
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NASH Top 10 Countries

NASH Top 10 Sectors

NASH Top 10 Holdings View All

NASH Summary Data

LocalShares
08/01/13
Open-Ended Fund
0.49%
$10.9 M
$16.76 K
0.75%

NASH Portfolio Data

$5.81 B
30.85
2.28
5.29%
N/A
26

NASH Index Data

LocalShares Nashville Index
Multi-Factor
Market Cap
MSCI USA Investable Markets

Related ETFs to NASH

IWV, VTI, SCHB, EUSA
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Performance [as of 06/23/16] 1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years
NASH6.82%8.95%5.00%-12.49%------
NASH (NAV)7.20%6.24%5.62%-12.60%------
LocalShares Nashville Index7.24%6.41%5.14%-13.73%8.81%----
MSCI USA Investable Markets3.63%4.98%4.26%-0.54%11.22%11.81%--
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

NASH Portfolio Management

0.49%
0.16%
1.24%
-1.38%

NASH Tax Exposures

20.00% / 39.60%
0.81%
Qualified dividends
No

NASH Fund Structure

Open-Ended Fund
No
No
0% / 100%
N/A
N/A
High
Daily
Average Spread
Premium/Discount
Volume

NASH FactSet Analytics Block Liquidity

As of 06/24/16
5
4
3
2
1

This measurement shows how easy it is to trade 25,000 shares of NASH. NASH is rated a 5 out of 5.

NASH Tradability

647
$16.76 K
130
$0
0.75%
$0.2
-0.08%
7.97% / -5.42%
None
100.00%
50,000
0.00
0.04%
0%
--
$27.24
5

NASH Performance Statistics

0.67
0.93
0.72
0.94
0.75%
MSCI USA Investable Markets