Tidal ETF Trust - Adasina Social Justice All Cap Global ETF (JSTC)

Overview

The Adasina Social Justice All Cap Global ETF (ticker: JSTC) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Adasina Social Justice All Cap Global Index. This index is designed to measure the performance of global companies that meet certain social justice criteria, focusing on issues such as racial justice, gender equality, and LGBTQ+ rights.

Reputation and Reliability

Tidal ETF Trust is relatively new to the ETF market, so assessing its reputation and reliability requires careful monitoring of its operational performance and compliance history. As a trust structure, it relies on partnerships for fund management and distribution.

Management Expertise

The management expertise is derived from the sub-advisor Adasina Social Capital, which specializes in integrating social justice considerations into investment decisions.

Goal

To provide investment results that, before fees and expenses, correspond generally to the total return performance of the Adasina Social Justice All Cap Global Index.

Investment Approach and Strategy

Strategy: The ETF aims to track the Adasina Social Justice All Cap Global Index, which is a rules-based index designed to reflect the performance of companies meeting specific social justice criteria.

Composition The ETF's composition consists primarily of equity securities of global companies that meet the index's social justice standards. It is an all-cap fund, meaning it invests in companies of all market capitalizations.

Market Share: Data on the ETF's specific market share is not readily available due to its niche focus and relatively small size.

Total Net Assets (AUM): Data on the ETF's Total Net Assets (AUM) is not readily available.

Key Competitors

• CRBN
• ESGV
• DSI

Competitive Landscape

The competitive landscape consists of other ESG (Environmental, Social, and Governance) and socially responsible ETFs. JSTC differentiates itself through its explicit focus on social justice issues like racial and gender equality, potentially attracting investors specifically seeking to align their investments with these values. A disadvantage of JSTC may be its relatively smaller size and newer status compared to established ESG ETFs. Other competitors are broad-based ESG ETFs, which may attract a more generalized investor base.

Historical Performance: Historical financial performance data is not readily available due to the ETF's relatively recent inception.

Benchmark Comparison: A benchmark comparison is not available.

Expense Ratio: 0.78

Average Trading Volume

Due to its relatively new inception, the ETF's average trading volume may be lower than more established ETFs.

Bid-Ask Spread

The bid-ask spread can vary depending on market conditions and trading volume, but generally reflects the cost of trading the ETF.

Market Environment Factors

Growing investor interest in ESG and socially responsible investing is a positive factor, while broader market volatility and sector-specific risks can influence the ETF's performance.

Growth Trajectory

The ETF's growth trajectory depends on its ability to attract investors seeking social justice-aligned investments and on the overall growth of the ESG investing market.

Competitive Edge

JSTC's competitive advantage lies in its distinct focus on social justice issues, providing a more targeted approach compared to broader ESG funds. Its alignment with specific social values may attract a dedicated investor base. However, this narrow focus could also limit its appeal compared to funds with broader ESG mandates. The fund leverages Adasina Social Capital's expertise in social justice investing.

Volatility

Volatility is dependent on the underlying assets, and historical volatility will become available as the ETF matures.

Market Risk

Market risk is associated with fluctuations in the overall stock market and sector-specific risks related to the companies held in the ETF. Social justice concerns could also lead to specific risks if companies fail to meet evolving standards.

Ideal Investor Profile

The ideal investor is someone who is specifically seeking to align their investments with social justice values, particularly related to racial justice, gender equality, and LGBTQ+ rights. These investors prioritize social impact alongside financial returns.

Market Risk

The ETF may be suitable for long-term investors who are committed to social justice causes and are willing to accept potential volatility in pursuit of their values.

The Adasina Social Justice All Cap Global ETF (JSTC) provides exposure to global companies that meet specific social justice criteria. Its focus on social justice differentiates it from other ESG funds, potentially attracting a niche investor base. The ETF's performance is tied to the underlying assets and the overall market. Investors should consider their risk tolerance and social values when evaluating this ETF. More data is required to determine market share and benchmark comparison.

Data Sources:

• ETF provider website
• Financial data providers

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.