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Upturn AI SWOT - About
Two Roads Shared Trust - LeaderShares Equity Skew ETF (SQEW)
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Upturn Advisory Summary
08/14/2025: SQEW (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 6.95% | Avg. Invested days 56 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.04 | 52 Weeks Range 27.15 - 38.43 | Updated Date 06/30/2025 |
52 Weeks Range 27.15 - 38.43 | Updated Date 06/30/2025 |
Upturn AI SWOT
Two Roads Shared Trust - LeaderShares Equity Skew ETF
ETF Overview
Overview
The LeaderShares Equity Skew ETF (SQEW) is an actively managed fund that seeks to generate returns primarily through investments in large-capitalization U.S. equities while also implementing a covered call strategy on a portion of its portfolio to enhance income and reduce volatility.
Reputation and Reliability
LeaderShares is a smaller ETF issuer; reputation and reliability should be evaluated based on fund-specific performance and adherence to stated investment strategies.
Management Expertise
Management expertise is evaluated based on the portfolio managers' experience in equity investing and options strategies.
Investment Objective
Goal
To generate income and manage downside risk through a combination of equity investments and a covered call strategy.
Investment Approach and Strategy
Strategy: The ETF employs an active investment strategy. The portfolio holds large-cap US equities with a covered call overlay.
Composition The ETF's holdings consist primarily of common stock and options (covered calls).
Market Position
Market Share: SQEW holds a very small market share compared to other equity and covered call ETFs.
Total Net Assets (AUM): 21106835
Competitors
Key Competitors
- Global X NASDAQ 100 Covered Call ETF (QYLD)
- JPMorgan Equity Premium Income ETF (JEPI)
- Amplify CWP Enhanced Dividend Income ETF (DIVO)
Competitive Landscape
The covered call ETF space is competitive, with several established players. SQEW is smaller and less liquid compared to its main competitors such as QYLD and JEPI. A potential advantage is SQEW's active management which may provide flexibility to adjust the call strategy to changing market conditions. The actively managed component may result in higher fees relative to a passive strategy.
Financial Performance
Historical Performance: Historical performance data is limited due to the ETF's relatively short history. Refer to fund factsheet for accurate, updated performance data.
Benchmark Comparison: Performance should be compared against the S&P 500 Index and other covered call ETFs.
Expense Ratio: 0.68
Liquidity
Average Trading Volume
The average trading volume for SQEW is low, which can impact trade execution costs.
Bid-Ask Spread
The bid-ask spread for SQEW can be relatively wide, reflecting its lower liquidity.
Market Dynamics
Market Environment Factors
Performance is impacted by equity market performance, interest rates, and volatility, which affect option premiums.
Growth Trajectory
Growth trajectory depends on successful asset gathering and performance of the underlying equity and option strategy.
Moat and Competitive Advantages
Competitive Edge
SQEW aims to provide income and downside protection through a covered call strategy. Its active management seeks to enhance returns and adapt to market conditions. This flexibility potentially distinguishes it from passively managed covered call funds. The active management also carries the risk of underperformance. SQEW appeals to investors seeking both income and some equity exposure.
Risk Analysis
Volatility
The ETF's volatility is influenced by both the equity market and the covered call strategy, which is intended to reduce volatility.
Market Risk
Market risk includes the potential for equity market declines as well as the risks associated with options trading. The underlying equities are subject to general market and economic risks.
Investor Profile
Ideal Investor Profile
The ideal investor is a moderately risk-averse investor seeking income generation and downside protection within their equity portfolio.
Market Risk
SQEW may be suitable for long-term investors seeking income or tactical investors who actively manage their portfolio and want a covered call component.
Summary
The LeaderShares Equity Skew ETF is an actively managed ETF utilizing a covered call strategy on large-cap US equities to generate income and manage downside risk. It seeks to offer a balance between equity market participation and income generation, but the relatively smaller market share and lower liquidity present potential challenges for some investors. The performance hinges on the manager's ability to choose both the stocks and write calls effectively. Investors should carefully evaluate their risk tolerance and financial goals before investing.
Peer Comparison
Sources and Disclaimers
Data Sources:
- LeaderShares Website
- ETF.com
- Morningstar
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Two Roads Shared Trust - LeaderShares Equity Skew ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed exchange traded fund (ETF) that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in equity securities. The adviser employs a contrarian strategy seeking to buy underperforming asset classes and/or factors and sell outperforming asset classes and/or factors based on quantitative research. It may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.