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About Counterpoint Quantitative Equity ETF
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Inception date
Nov 28, 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
Counterpoint Mutual Funds LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66538R5404
CPAI employs a quantitative, model-driven strategy that integrates quantitative analysis and machine learning insights to navigate diverse market conditions. The portfolio consists of at least 50 US-listed companies of any capitalization or ADRs. The selection process relies on advanced quantitative models leveraging machine learning technology, considering over 30 variables related to value, long-term reversal, momentum, profitability, investor sentiment, and stock price stability. Additionally, the Adviser backtests variable combinations considered to be supported by economic reasoning or investor behavioral biases. The models continually learn and adapt relationships between input variables and realized historic returns, updating during quarterly portfolio rebalances. Moreover, rebalancing ensures the portfolio aligns with the models' rankings, with adjustments made to limit sector exposure to 35% or less.
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
Finance
Technology Services
Stocks99.46%
Finance13.75%
Technology Services13.60%
Non-Energy Minerals8.32%
Electronic Technology7.86%
Industrial Services7.62%
Energy Minerals6.69%
Producer Manufacturing6.62%
Communications6.41%
Utilities5.71%
Distribution Services5.31%
Consumer Services4.35%
Commercial Services4.25%
Retail Trade4.21%
Health Services3.09%
Consumer Non-Durables1.69%
Bonds, Cash & Other0.54%
Cash0.54%
Stock breakdown by region
North America90.13%
Europe7.69%
Middle East2.18%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CPAI invests in stocks. The fund's major sectors are Finance, with 13.75% stocks, and Technology Services, with 13.60% of the basket. The assets are mostly located in the North America region.
CPAI top holdings are SSR Mining Inc and Anglogold Ashanti PLC, occupying 3.48% and 2.83% of the portfolio correspondingly.
CPAI last dividends amounted to 0.14 USD. The year before, the issuer paid 0.02 USD in dividends, which shows a 89.05% increase.
CPAI assets under management is 111.55 M USD. It's risen 10.54% over the last month.
CPAI fund flows account for 61.02 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, CPAI pays dividends to its holders with the dividend yield of 0.36%. The last dividend (Dec 17, 2024) amounted to 0.14 USD. The dividends are paid annually.
CPAI shares are issued by Counterpoint Mutual Funds LLC under the brand Counterpoint. The ETF was launched on Nov 28, 2023, and its management style is Active.
CPAI expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
CPAI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CPAI invests in stocks.
CPAI price has risen by 6.65% over the last month, and its yearly performance shows a 19.24% increase. See more dynamics on CPAI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.65% over the last month, showed a 8.14% increase in three-month performance and has increased by 19.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.65% over the last month, showed a 8.14% increase in three-month performance and has increased by 19.93% in a year.
CPAI trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.