Two Roads Shared Trust - LeaderShares Dynamic Yield ETF (DYLD)

Overview

The LeaderShares Dynamic Yield ETF (LDYN) is an actively managed ETF that seeks to generate income and capital appreciation by dynamically allocating its assets across a variety of sectors and asset classes, using a quantitative model to adjust exposures based on changing market conditions.

Reputation and Reliability

LeaderShares is known for its quantitative investment strategies. Reputation is still developing relative to established players.

Management Expertise

The management team employs a quantitative approach, indicating a focus on data-driven decision-making, although the team's specific background needs further investigation.

Goal

To seek income and capital appreciation through dynamic asset allocation.

Investment Approach and Strategy

Strategy: Actively managed ETF employing a quantitative model for dynamic asset allocation.

Composition The ETF's composition changes based on the model's signals but typically includes stocks, bonds, and potentially other asset classes. The weighting of these asset classes varies over time.

Market Share: LDYN's market share is relatively small compared to larger, more established multi-asset ETFs.

Total Net Assets (AUM): 27800000

Key Competitors

• AOA
• AOM
• AOR
• VT
• VBAL

Competitive Landscape

The ETF market is highly competitive. LDYN differentiates itself through its dynamic asset allocation model. However, larger competitors offer more established track records and potentially lower expense ratios. LDYN's dynamic approach may appeal to investors seeking active management and tactical adjustments, but it faces the challenge of proving its model's effectiveness.

Historical Performance: Historical performance data should be gathered from reliable sources like Morningstar or ETF.com to evaluate the ETFu2019s returns over different time periods (1-year, 3-year, 5-year, and since inception).

Benchmark Comparison: Benchmark comparison should consider a blended benchmark reflecting the ETF's target asset allocation over time, to assess its effectiveness.

Expense Ratio: 0.79

Average Trading Volume

Average trading volume needs to be checked from reliable sources like Yahoo Finance or ETF.com and could vary from day to day.

Bid-Ask Spread

Bid-ask spread needs to be checked from reliable sources like Yahoo Finance or ETF.com and can vary significantly based on market conditions and trading volume.

Market Environment Factors

Economic indicators (GDP growth, inflation, interest rates), sector performance, and overall market sentiment all influence LDYN's asset allocation decisions.

Growth Trajectory

Growth depends on the effectiveness of its dynamic asset allocation model and its ability to adapt to changing market conditions. Further research is needed to determine the current growth trajectory.

Competitive Edge

LDYN's competitive edge lies in its dynamic asset allocation model, designed to adapt to changing market conditions. This approach provides a degree of flexibility that passively managed ETFs lack. However, the effectiveness of the model and its ability to consistently outperform benchmarks remains the key differentiator. The ETF could face challenges if the model's predictions are inaccurate, or if the transaction costs associated with frequent adjustments erode returns.

Volatility

Assess historical volatility by reviewing standard deviation of returns over different time periods, based on market data.

Market Risk

LDYN is exposed to market risk inherent in its underlying asset classes (stocks, bonds). The dynamic allocation aims to mitigate risk, but the effectiveness of this strategy is not guaranteed. Specific risks depend on the current asset allocation.

Ideal Investor Profile

LDYN is suitable for investors seeking income and capital appreciation with a tolerance for moderate risk and who are comfortable with an actively managed approach.

Market Risk

LDYN may be best for long-term investors or those seeking tactical asset allocation within their portfolio.

The LeaderShares Dynamic Yield ETF (LDYN) is an actively managed ETF employing a quantitative model for dynamic asset allocation across various asset classes, seeking income and capital appreciation. Its success hinges on the accuracy and effectiveness of its model in adapting to changing market conditions. It faces competition from larger, more established multi-asset ETFs, and its relatively small AUM may impact liquidity. LDYN's dynamic approach appeals to those seeking active management, but investors should carefully consider its expense ratio and track record.

Data Sources:

• ETF.com
• Morningstar
• Yahoo Finance
• Leadershares.com

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made after consulting with a qualified financial advisor.