DBEH
iMGP DBi Hedge Strategy ETF
HFRX Equity Hedge USD
NAV as of
4 Week: 26.28 - 27.40
52 Week: 25.59 - 33.25
Latest Closing Price
26.56
Premium / Discount
0.05
Expense Ratio
0.85%
Investment Objective
The investment seeks long-term capital appreciation. The fund invests in long and short positions in exchange-traded futures contracts across the broad asset classes of equities, fixed income, and currencies. The advisor expects, under normal circumstances, to invest a large portion of the portfolio in investment grade debt securities in order to collateralize its derivative investments, for liquidity purposes, or to enhance yield. It may hold fixed income instruments of varying maturities, but that have an average duration of less than one year. The fund is non-diversified.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -3.81 | 1.08 | -3.51 |
| 1 Day | 0.99 | 0.00 | 0.00 |
| 1 Week | -0.14 | 1.84 | -0.08 |
| 1 Month | -2.38 | 4.11 | -0.58 |
| 3 Months | -0.64 | 7.69 | -0.08 |
| 6 Months | -19.16 | 19.75 | -0.97 |
| 1 Year | -16.15 | 20.97 | -0.77 |
| 2 Years | 13.55 | 25.34 | 0.53 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 23.5767 | 5.0544 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 13.0000 | 75.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| N.A | ||
Portfolio Data
Total Number of Holdings: 29
Number of Bond Holdings: 17
Number of Equity Holdings: 0
Total Market Value: 60,256,725
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | MSCI Emerging Markets Index Future Dec 20 | 39.2829 | 158 | 158 | 8,778,480 |
| 2 | 2 Year Treasury Note Future Dec 20 | 34.5975 | 35 | 35 | 7,731,445 |
| 3 | United States Treasury Bills 0% | 13.3746 | 2,990,000 | 2,990,000 | 2,988,794 |
| 4 | E-mini Nasdaq 100 Future Dec 20 | 13.0949 | 13 | 13 | 2,926,300 |
| 5 | MSCI EAFE Index Future Dec 20 | 12.8146 | 30 | 30 | 2,863,650 |
| 6 | Ultra US Treasury Bond Future Dec 20 | 11.9161 | 12 | 12 | 2,662,875 |
| 7 | E-mini S&P MidCap 400 Future Dec 20 | 11.8613 | 14 | 14 | 2,650,620 |
| 8 | US Treasury Bond Future Dec 20 | 11.8285 | 15 | 15 | 2,643,281 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 36.33 |
| Large | 20.04 |
| Medium | 17.09 |
| Small | 11.67 |
| Micro | 1.73 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
19.3984
Price/Book*
1.8563
Price/Sales*
1.3652
Price/Cash Flow*
7.2292
Dividend Yield*
2.4560
Growth Measures
Long-Term Earnings
8.6826
Historical Earnings
4.9993
Sales Growth
6.8767
Cash-Flow Growth
4.2162
Book-Value Growth
7.2518
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
17
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 0 |
| Average Weighted Coupon* | 0 |
| Average Weighted Price* | 103.83 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| N.A | |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 34.61 |
| 3 to 5 Years | 0.00 |
| 5 to 7 Years | 0.00 |
| 7 to 10 Years | 0.00 |
| 10 to 15 Years | 0.00 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 117.56 |
| 183 to 364 Days | 0.00 |
Data Source: Morningstar
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(4) are provided solely for informational purposes;
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