Key stats
About LHA Market State Tactical Beta ETF
Home page
Inception date
Sep 30, 2020
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
Little Harbor Advisors LLC
Distributor
Quasar Distributors LLC
ISIN
US26922B1052
MSTB constructs the portfolio using quantitative models and analyses regarding US equity market volatility. Based on the advisors estimates for direction and magnitude of S&P 500 Index volatility, the fund holds long exposure to the S&P 500 typically weighted in a range between 80%-120%. When estimates indicate a calm or rising equity market, the fund seeks to provide index-plus returns by holding a higher equity weighting. As estimates for volatility increase, the fund aims to provide uncorrelated returns using a number of possibilities, such as: reducing equity exposure, selling covered call options, establishing short equity positions, long or short exposure to the VIX Index, long or short exposure to US Treasury securities, or cash. The net portfolio exposure is based on a proprietary process to quantify market risk compared to volatility expectations. The expectations are based on 30-day and 90-day implied volatility indexes, evaluated daily.
Related funds
Classification
What's in the fund
Exposure type
ETF
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.
MSTB trades at 38.49 USD today, its price has fallen −0.32% in the past 24 hours. Track more dynamics on MSTB price chart.
MSTB net asset value is 38.56 today — it's risen 2.35% 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.
MSTB assets under management is 175.91 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.
MSTB price has risen by 1.74% over the last month, and its yearly performance shows a 16.64% increase. See more dynamics on MSTB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 6.00% increase in three-month performance and has increased by 17.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.35% over the last month, showed a 6.00% increase in three-month performance and has increased by 17.92% in a year.
MSTB fund flows account for 19.63 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.
MSTB invests in funds. See more details in our Analysis section.
MSTB expense ratio is 1.40%. 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, MSTB 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, MSTB technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MSTB shows the buy signal. See more of MSTB technicals for a more comprehensive analysis.
Today, MSTB technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MSTB shows the buy signal. See more of MSTB technicals for a more comprehensive analysis.
Yes, MSTB pays dividends to its holders with the dividend yield of 0.82%.
MSTB trades at a premium (0.18%).
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.
MSTB shares are issued by Little Harbor Advisors LLC
MSTB 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 Sep 30, 2020.
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.