TTFSAdvisorShares Wilshire Buyback ETF
TTFS Fund Description
The AdvisorShares Wilshire Buyback ETF aims to outperform broad U.S. equities. The actively managed, equal-weighted fund selects stocks based on trends in outstanding shares, firm leverage and free cash flow.
TTFS Factset Analytics Insight
TTFS aims to best the Russell 3000 in two ways—higher returns and lower volatility—using buybacks. The actively managed fund selects stocks based on three trends over the past 120 days: decreasing outstanding shares, increasing free cash flow, and shrinking leverage. The first trend matters most in the methodology. The other two trends help to screen out low quality stocks and avoid firms that incur debt to buyback shares. The chosen stocks are weighted equally, which leads to a bias away from large-caps but also reduces idiosyncratic risk. Overall, the fund is a bit riskier than a more neutral take on the market, and significant sector bets abound. TTFS can be a bit costly to trade on the secondary market, with sizeable spreads and moderate daily volume, but underlying liquidity is strong for institutional investors. An actively managed fund, TTFS' performance doesn't come down to tracking, but its high fee creates a significant performance headwind.
TTFS MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the AdvisorShares Wilshire Buyback ETF MSCI ESG Fund Quality Score is 4.90 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. TTFS ranks in the 29th percentile within its peer group and in the 29th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
TTFS CHARTS AND PERFORMANCE
TTFS Top 10 Countries
TTFS Top 10 Sectors
TTFS Top 10 Holdings [View All]
TTFS Summary Data
TTFS Portfolio Data
TTFS Index Data
TTFS Portfolio Management
TTFS Tax Exposures
TTFS Fund Structure
TTFS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of TTFS. TTFS is rated a 5 out of 5.
TTFS Sector/Industry Breakdown
TTFS TOP 10 HOLDINGS[View All]
TTFS Economic Development
TTFS Performance Statistics
TTFS MSCI ESG Ratings
TTFS BENCHMARK COMPARISON SUMMARY
TTFS BENCHMARK COMPARISON MARKET CAP SIZE