Bushido Capital US Equity ETF (SMRI)

Overview

The Bushido Capital US Equity ETF aims to provide investors with exposure to a diversified portfolio of US equities, focusing on long-term capital appreciation. It utilizes a proprietary quantitative model to select stocks based on factors like value, momentum, and quality.

Reputation and Reliability

Bushido Capital is a relatively new entrant in the ETF market, making its reputation and reliability still developing.

Management Expertise

The management team consists of experienced quantitative analysts and portfolio managers.

Goal

To achieve long-term capital appreciation by investing in a diversified portfolio of US equities.

Investment Approach and Strategy

Strategy: The ETF does not track a specific index; instead, it uses a quantitative model for stock selection.

Composition The ETF primarily holds stocks of US companies across various sectors.

Market Share: The Bushido Capital US Equity ETF has a smaller market share compared to established broad market ETFs.

Total Net Assets (AUM): 50000000

Key Competitors

• SPY
• IVV
• VTI

Competitive Landscape

The US equity ETF market is highly competitive, dominated by large players like SPY, IVV, and VTI. The Bushido Capital US Equity ETF faces the challenge of establishing itself among these giants. Its advantage lies in its proprietary quantitative model, which may offer unique alpha generation potential. However, it needs to demonstrate consistent outperformance to attract significant assets.

Historical Performance: Insufficient data available to provide meaningful historical performance. Requires multiple years of operation.

Benchmark Comparison: Insufficient data available for benchmark comparison. Needs a established performance track record.

Expense Ratio: 0.5

Average Trading Volume

Average trading volume is relatively low, which might affect the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread may be wider than more liquid ETFs due to lower trading volume.

Market Environment Factors

Performance will be influenced by overall economic conditions, interest rate movements, and sector-specific trends.

Growth Trajectory

Growth depends on the ETF's ability to attract assets through strong performance and effective marketing.

Competitive Edge

The Bushido Capital US Equity ETF aims for an advantage through its unique, proprietary quantitative stock selection model. This model differentiates it from passive index-tracking ETFs. If the model consistently identifies undervalued or high-potential stocks, it could attract investors seeking alpha. However, the ETF needs to demonstrate the model's effectiveness over an extended period.

Volatility

Volatility is expected to be similar to the broader US equity market, but could be higher depending on the model's stock selections.

Market Risk

The ETF is subject to general market risk, meaning its value can decline due to economic downturns or negative market sentiment.

Ideal Investor Profile

The ETF is best suited for investors seeking long-term capital appreciation with a higher risk tolerance, who are willing to bet on a quantitative investment approach.

Market Risk

It is best suited for long-term investors who are looking to diversify their portfolios with a quantitatively managed US equity allocation.

The Bushido Capital US Equity ETF is a quantitatively managed US equity fund seeking capital appreciation. It differentiates itself through a proprietary model, which also introduces potential tracking error compared to broader market ETFs. It is geared towards risk-tolerant, long-term investors looking to add alpha to their portfolios. Given its novelty, it requires careful monitoring of its performance and liquidity. It also carries the volatility of US Equities.

Data Sources:

• ETF.com
• Morningstar
• Company Filings

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investments in ETFs carry risk, including the potential loss of principal.