UTRN

Vesper U.S. Large Cap Short-Term Reversal Strategy ETF
*Unless otherwise stated, data provided by FactSet.

UTRN Fund Description

UTRN tracks an equal-weighted index of large-cap US stocks believed to benefit from a short-term reversal.

UTRN Factset Analytics Insight

UTRN employs a “short-term reversal” strategy. The idea is that, on average, stocks with relatively poor weekly performance tend to reverse and earn higher returns relative to peer stocks in the week that follows. The fund draws its holdings from the S&P 500. From that universe of stocks, the index uses a proprietary algorithm to identify and select 25 constituents believed to be the best candidates for a short-term reversal. Selected stocks are equally-weighted at each weekly rebalance. Note that this frequent turnover could negatively affect the fund’s ability to track the index.

UTRN MSCI ESG Analytics Insight

Vesper U.S. Large Cap Short-Term Reversal Strategy ETF has an MSCI ESG Fund Rating of A based on a score of 6.98 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. Vesper U.S. Large Cap Short-Term Reversal Strategy ETF ranks in the 73th percentile within its peer group and in the 89th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

UTRN MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 09/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
UTRN -3.45% 6.64% 19.97% 36.50% 17.51% -- --
UTRN (NAV) -4.53% 5.26% 19.33% 34.27% 17.89% -- --
MSCI USA Large Cap Index -1.48% 4.19% 18.81% 35.73% 18.14% 18.45% 16.93%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

UTRN Summary Data

Vesper
09/21/18
Open-Ended Fund
0.75%
$81.47M
$295.77K
0.22%

UTRN Portfolio Data

$46.79B
22.33
4.83
7.57%
N/A
25

UTRN Index Data

Vesper US Large Cap Short-Term Reversal Index
Equal
Proprietary
MSCI USA Large Cap Index

UTRN Portfolio Management

0.75%
--
--
--

UTRN Tax Exposures

20.00% / 39.60%
4.23%
Qualified dividends
No

UTRN Fund Structure

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

UTRN Factset Analytics Block Liquidity

As of 09/28/21
5
4
3
2
1

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

UTRN Tradability

8,243
$295.77K
4,317
$153.52K
0.22%
$0.08
0.07%
0.75% / -0.18%
None
100.00%
25,000
0.17
0.03%
0.03%
0
$35.19
5

UTRN Sector/Industry Breakdown


UTRN
Segment Benchmark
44.30%
8.07%
20.07%
13.60%
11.99%
11.92%
7.94%
37.78%
7.91%
14.54%
7.80%
5.98%

UTRN Countries


UTRN
Segment Benchmark
100.00%
99.90%
--
0.10%

UTRN Regions


UTRN
Segment Benchmark
100.00%
100.00%

UTRN Economic Development


UTRN
Segment Benchmark
100.00%
100.00%

UTRN Performance Statistics

0.61
0.80
0.80
0.77
0.57%
MSCI USA Large Cap Index

UTRN MSCI ESG Ratings

6.98 / 10
88.83
72.68
7.95%
12.40%
264.08

UTRN Benchmark Comparison Holdings

25
290
13
2.78%

UTRN Benchmark Comparison Summary


UTRN
Segment Benchmark
25
290
$46.79B
$614.29B
22.33
29.96
4.83
5.10
1.29%
1.31%
High
Low

UTRN Benchmark Comparison Market Cap Size


UTRN
Segment Benchmark
91.96%
100.00%
8.04%
0.00%
0.00%
0.00%
0.00%
0.00%