Key stats
About LeaderShares Equity Skew ETF
Home page
Inception date
May 11, 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
Redwood Investment Management LLC (California)
ISIN
US90214Q6834
SQEW is the 2nd ETF by LeaderShares and is actively managed to invest in global equities. The funds primary equity style exposure and factors are: US Large Cap Growth, US Large Cap Value, US Small Cap Growth, US Small Cap Value and Emerging Markets. SQEW pursues a contrarian approach in selecting its portfolio based quantitative research. Weighting of constituents is based on proprietary quantitative factors including statistical skew. Measuring skewness allows the Adviser to take each groups of stocks and determine their relative weightings based on how recent returns of such group fits into its historical returns. This measure generally leads equities that have outperformed to have reduced exposure and those thatve underperformed to have increased exposure at each rebalance. The Fund may hold defensive holdings of up to 100% high-quality short-term debts, money market instruments and cash.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Stocks17.81%
Electronic Technology3.64%
Finance3.39%
Health Technology1.97%
Technology Services1.95%
Retail Trade1.48%
Consumer Non-Durables1.17%
Energy Minerals0.96%
Consumer Services0.60%
Utilities0.47%
Communications0.39%
Producer Manufacturing0.38%
Health Services0.31%
Transportation0.28%
Industrial Services0.22%
Distribution Services0.20%
Non-Energy Minerals0.14%
Process Industries0.10%
Consumer Durables0.09%
Commercial Services0.08%
Bonds, Cash & Other82.19%
ETF81.49%
Cash0.71%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SQEW top holdings are Vanguard FTSE Emerging Markets ETF and iShares S&P Small-Cap 600 Value ETF, occupying 19.49% and 16.82% of the portfolio correspondingly.
SQEW last dividends amounted to 0.10 USD. The year before, the issuer paid 0.34 USD in dividends, which shows a 234.04% decrease.
SQEW assets under management is 54.90 M USD. It's fallen 2.77% over the last month.
SQEW fund flows account for −51.40 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.
Yes, SQEW pays dividends to its holders with the dividend yield of 1.27%. The last dividend (Jan 6, 2025) amounted to 0.10 USD. The dividends are paid annually.
SQEW shares are issued by Redwood Investment Holdco LLC under the brand LeaderShares. The ETF was launched on May 11, 2020, and its management style is Active.
SQEW expense ratio is 0.81% meaning you'd have to pay 0.81% of your investment to help manage the fund.
SQEW follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SQEW invests in funds.
SQEW price has risen by 5.16% over the last month, and its yearly performance shows a 9.14% increase. See more dynamics on SQEW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.62% over the last month, showed a 9.75% increase in three-month performance and has increased by 10.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.62% over the last month, showed a 9.75% increase in three-month performance and has increased by 10.38% in a year.
SQEW trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.