FLAG

FLAG-Forensic Accounting Long-Short ETF
*Unless otherwise stated, data provided by FactSet.

FLAG Fund Description

FLAG tracks an index that selects long and short equity positions of large-cap U.S. companies relative to their earnings quality and revenue recognition practices.

FLAG Factset Analytics Insight

FLAG changed its underlying index after August 7, 2015 from a long-only index to a long-short index. The fund is designed to have a 100% net equity exposure by holding a 30% short position and a 130% long position. The long and short positions are determined by evaluating and scoring the universe of large cap U.S. equities based on six fundamental metrics: cash flow quality, revenue recognition policies, earnings quality, shareholder yield, earnings surprise, and valuation. The fund selects from a pool of the 500 largest U.S. companies by market capitalization, and goes long the high scorers while shorting those that score poorly. The index is reconstituted quarterly. This niche investment methodology comes at a steep price, and Tradability remains weak.

FLAG MSCI ESG Analytics Insight

FLAG-Forensic Accounting Long-Short ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.99 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. FLAG-Forensic Accounting Long-Short ETF ranks in the 39th percentile within its peer group and in the 22nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FLAG Charts And Performance

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Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/12/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FLAG 7.39% 13.34% 10.70% -0.59% 5.59% 6.03% --
FLAG (NAV) 8.03% 13.38% 10.47% 0.09% 5.65% 6.09% --
FLAGLSX-Forensic Accounting Long-Short Index 8.18% 13.81% 11.88% 1.43% 7.37% 7.62% --
MSCI USA Large Cap Index 4.36% 7.83% 25.54% 16.06% 15.36% 11.21% 13.32%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FLAG Summary Data

Vident
01/31/13
Open-Ended Fund
1.52%
$8.06M
$44.05K
0.38%

FLAG Portfolio Data

$34.12B
23.47
1.60
1.92%
12/20/16
142

FLAG Index Data

FLAGLSX-Forensic Accounting Long-Short Index
Fixed
Fixed
MSCI USA Large Cap Index

FLAG Portfolio Management

1.52%
-1.45%
-1.08%
-2.00%

FLAG Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FLAG Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FLAG Factset Analytics Block Liquidity

As of 11/13/19
5
4
3
2
1

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

FLAG Tradability

1,059
$44.05K
685
$25.76K
0.38%
$0.14
-0.20%
0.69% / -1.48%
None
100.00%
50,000
0.01
0.08%
0.03%
0
$40.10
4

FLAG Sector/Industry Breakdown


FLAG
Segment Benchmark
18.89%
28.73%
17.64%
13.09%
15.77%
14.83%
12.38%
9.29%
9.92%
13.81%
8.97%
7.98%
5.28%
4.66%
4.65%
2.07%
3.43%
3.02%
3.08%
2.51%

FLAG Top 10 Holdings[View All]

Apple Inc. 1.13%
11.81%

FLAG Countries


FLAG
Segment Benchmark
100.00%
100.00%

FLAG Regions


FLAG
Segment Benchmark
100.00%
100.00%

FLAG Economic Development


FLAG
Segment Benchmark
100.00%
100.00%

FLAG Performance Statistics

0.67
0.92
0.90
1.02
0.62%
MSCI USA Large Cap Index

FLAG MSCI ESG Ratings

BBB
4.99 / 10
21.98
39.44
5.70%
5.54%
193.05

FLAG Benchmark Comparison Holdings

142
297
48
11.59%

FLAG Benchmark Comparison Summary


FLAG
Segment Benchmark
142
297
$34.12B
$269.32B
23.47
21.84
1.60
3.49
2.98%
1.95%
Low
Low

FLAG Benchmark Comparison Market Cap Size


FLAG
Segment Benchmark
33.21%
99.84%
62.64%
0.16%
4.15%
0.00%
0.00%
0.00%