Key stats
About ActivePassive International Equity ETF
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Inception date
May 3, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Envestnet Asset Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US89834G7372
APIE aims for capital appreciation by blending active and passive investment approaches. The fund aims to take advantage of low index tracking expenses and the opportunities in actively selecting securities. The passive portion of the fund uses mathematical modeling, computer systems, and data analysis to track an index of developed market ADRs or ETFs providing similar exposure. Sub-advisers are tapped to manage the active sleeve of the fund. The active piece ranges from 30% to 80% of the funds net assets and seeks to take advantage of any mispricing in emerging market securities. Under normal market conditions, the fund expects to use ADRs for such exposure, but can also hold non-US securities denominated in foreign currencies. In addition, as part of the active allocation, a beta strategy emphasizing value, momentum, and quality investment styles may also be utilized. The sub-advisers may engage in active trading and cause a high portfolio turnover.
Related funds
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
APIE trades at 35.50 USD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on APIE price chart.
APIE net asset value is 35.55 today — it's risen 2.92% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
APIE assets under management is 921.48 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
APIE price has risen by 2.86% over the last month, and its yearly performance shows a 20.10% increase. See more dynamics on APIE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.92% over the last month, showed a 8.68% increase in three-month performance and has increased by 22.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.92% over the last month, showed a 8.68% increase in three-month performance and has increased by 22.10% in a year.
APIE fund flows account for −36.76 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
APIE invests in stocks. See more details in our Analysis section.
APIE expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, APIE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, APIE technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating APIE shows the strong buy signal. See more of APIE technicals for a more comprehensive analysis.
Today, APIE technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating APIE shows the strong buy signal. See more of APIE technicals for a more comprehensive analysis.
Yes, APIE pays dividends to its holders with the dividend yield of 1.69%.
APIE trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
APIE shares are issued by Envestnet, Inc.
APIE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 3, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.