What is BAD?

BAD tracks a modified equal-weighted index of US-listed companies engaged in betting, alcohol, cannabis, and drugs.

PERFORMANCE [as of 03/23/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BAD -3.98% -0.64% 0.07% -10.05% -- -- --
BAD (NAV) -4.02% -0.68% 0.07% -10.11% -- -- --
EQM BAD Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BAD Factset Analytics Insight

BAD stands by its name with its contra-ESG exposure. The fund’s narrow portfolio consists of 50 to 65 US-listed companies that derive majority of their revenue from any of the following categories: a) betting, including casinos and gaming, b) manufacturing and distribution of alcohol and/or cannabis cultivation, and c) production and development of pharmaceutical drugs and biotechnology products. The selection process is mainly based on financial statements and company filings, as well as third-party research, reports, and analysis. Holdings are weighted equally within each category. The fund limits its cannabis-related investments to 10% of its net assets. Additionally, the fund may have exposure to foreign companies through American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs). The index rebalances and reconstitutes quarterly.

BAD Summary Data

12/22/21
0.75%
$8.70M
EQM BAD Index
N/A
Open-Ended Fund

Peers

N/A

Fund Flows

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

BAD Portfolio Data

$59.60B
64.43
2.72
0.68%
N/A
54

BAD Index Data

EQM BAD Index
Tiered
Market Cap
N/A

BAD Portfolio Management

0.75%
--
--
--

BAD Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

BAD Fund Structure

Open-Ended Fund
No
--
-- / --
N/A
N/A
High
N/A

Factset Analytics Block Liquidity

As of 03/24/23

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

BAD Tradability

547
$6.59K
388
$4.84K
0.30%
$0.04
0.03%
0.31% / -0.30%
None
100.00%
20,000
0.02
--
0.07%
2
$12.45
4

BAD Sector/Industry Breakdown

BAD Segment
Benchmark
34.51% --
30.45% --
20.45% --
9.91% --
2.55% --
1.70% --
0.32% --
0.11% --

BAD Performance Statistics

--
--
--
--
--
N/A

BAD Countries

BAD Segment
Benchmark
70.32% --
5.29% --
4.70% --
3.34% --
2.92% --
2.57% --
2.30% --
2.29% --
1.62% --
1.59% --

BAD Regions

BAD Segment
Benchmark
75.03% --
15.13% --
5.64% --
3.90% --

BAD Economic Development

BAD Segment
Benchmark
94.05% --
5.64% --

BAD Benchmark Comparison Holdings

54
--
--
--

BAD Benchmark Comparison Summary

BAD Segment
Benchmark
54 --
$59.60B --
64.43 --
2.72 --
1.24% --
Medium --

BAD Benchmark Comparison Market Cap Size

BAD Segment
Benchmark
48.30% --
32.17% --
19.23% --
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.