What is AMID?

AMID is an actively managed ETF that provides exposure to US mid-cap stocks perceived to be undergoing positive change. The fund employs a multi-step selection process based on quantitative and fundamental research.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
AMID 5.72% 12.57% 5.48% -- -- -- --
AMID (NAV) 5.89% 12.65% 5.60% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA Mid Cap Index 5.85% 13.59% 4.80% -6.94% 8.10% 8.10% 11.44%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

AMID Factset Analytics Insight

AMID aims to outperform the Russell MidCap Index over the long term by applying “Change-Based Investing” strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary “Argent Alpha Model,” stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into “current” and “future” market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.

AMID Summary Data

08/17/22
0.52%
$28.49M
No Underlying Index
MSCI USA Mid Cap Index
Open-Ended Fund

Peers

MSCI USA Mid Cap Index

Fund Flows

$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

AMID Portfolio Data

$18.81B
12.15
4.39
--
N/A
44

AMID Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA Mid Cap Index

AMID Portfolio Management

0.52%
--
--
--

AMID Tax Exposures

20.00% / 39.60%
--
N/A
No

AMID Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of AMID. AMID is rated a 4 out of 5.

AMID Tradability

2,235
$52.41K
101
$2.41K
0.28%
$0.07
0.02%
0.60% / -0.14%
None
100.00%
10,000
0.01
--
0.01%
0
$24.47
4

AMID Sector/Industry Breakdown

AMID Segment
Benchmark
15.98% --
12.23% --
12.12% --
9.94% --
7.60% --
7.17% --
6.59% --
5.85% --
5.52% --
5.02% --

AMID Performance Statistics

--
--
--
--
0.00%
MSCI USA Mid Cap Index

AMID Countries

AMID Segment
Benchmark
98.61% 100.00%

AMID Regions

AMID Segment
Benchmark
98.61% 100.00%

AMID Economic Development

AMID Segment
Benchmark
98.61% 100.00%
0.00% 0.00%

AMID Benchmark Comparison Holdings

44
326
19
7.39%

AMID Benchmark Comparison Summary

AMID Segment
Benchmark
44 326
$18.81B $20.51B
12.15 18.80
4.39 2.96
0.86% 1.51%
Medium Low

AMID Benchmark Comparison Market Cap Size

AMID Segment
Benchmark
51.61% 78.80%
39.82% 21.20%
7.34% 0.00%
0.00% 0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.