MSVX

LHA Market State Alpha Seeker ETF
*Unless otherwise stated, data provided by FactSet.

MSVX Fund Description

MSVX is an actively managed portfolio that can take long or short positions on derivative instruments based on the implied volatility of the S&P 500 Index and the CBOE Volatility Index.

MSVX Factset Analytics Insight

MSVX pursues its objective by estimating the direction of the US equity market. Based on these estimates, the fund’s manager will take long or short positions in the S&P 500 Index and CBOE Volatility Index futures and options. The strategy relies on proprietary statistical models to quantify market risk by comparing 30-day and 90-day implied volatility indexes and VIX futures. Daily net portfolio exposure to the S&P 500 Index and/or the VIX Index will be long or short, or in cash. The exposure will be based on estimates for the direction and strength of discretionary market signals.

MSVX MSCI ESG Analytics Insight

LHA Market State Alpha Seeker ETF has an MSCI ESG Fund Rating of A based on a score of 6.01 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. LHA Market State Alpha Seeker ETF ranks in the 40th percentile within its peer group and in the 37th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 12/07/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MSVX 0.30% -5.88% 6.08% 4.55% -- -- --
MSVX (NAV) -0.18% -6.02% 5.49% 4.28% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MSVX Summary Data

05/13/20
Open-Ended Fund
1.50%
$27.56M
$178.27K
0.36%

MSVX Portfolio Data

Long/Short Equity
1.83%
N/A
--

MSVX Index Data

No Underlying Index
Proprietary
Proprietary
N/A

MSVX Portfolio Management

1.50%
--
--
--

MSVX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

MSVX Fund Structure

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

MSVX Factset Analytics Block Liquidity

As of 12/08/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MSVX. MSVX is rated a N/A out of 5.

MSVX Tradability

7,093
$178.27K
4,960
$124.18K
0.36%
$0.09
0.05%
2.73% / -1.64%
None
100.00%
25,000
0.20
0.04%
--
0
$24.93
N/A

MSVX Asset Allocation

Short
Long
Net
--
--

0.00%

--
--

0.00%

--
--

0.00%

--
--

0.00%

MSVX Top 5 Holdings Long

40.29%
21.27%
0.06%
-1.90%

MSVX Top 5 Holdings Short

-1.90%

MSVX Performance Statistics

4.28%
4.74%
-5.64%
0.03
0.04
1.30
12.87

MSVX Correlations (Daily Returns 12 Mo)

0.18
-0.02
0.17

MSVX MSCI ESG Ratings

6.01 / 10
37.17
39.80
--
--
2.50