EA Series Trust (STXI)

Overview

The EA Series Trust is a unit investment trust that offers a portfolio of equity securities, aiming to provide investors with exposure to a diversified basket of stocks. Its primary focus is typically on growth-oriented equities, although specific holdings can vary based on the series. The investment strategy revolves around selecting a predetermined list of securities that are expected to appreciate in value over the trust's life.

Reputation and Reliability

As a unit investment trust, the EA Series Trust is managed by a sponsor, typically a financial institution. While the specific sponsor's reputation needs to be verified for each series, unit investment trusts generally offer a fixed portfolio of securities, implying a more predictable structure compared to actively managed ETFs.

Management Expertise

The management of an EA Series Trust typically involves a trust sponsor that designs the portfolio based on specific investment themes or objectives. The expertise lies in the initial selection of securities by the sponsor and the ongoing oversight of the trust's structure.

Goal

The primary investment goal of EA Series Trust is to offer capital appreciation through investment in a diversified portfolio of equity securities. The trust aims to provide investors with a specific exposure to certain market segments or investment themes as defined by the trust's prospectus.

Investment Approach and Strategy

Strategy: EA Series Trust aims to hold a fixed portfolio of selected equity securities. It does not actively track an index but rather invests in a curated selection of stocks chosen by the trust sponsor based on their perceived growth potential or adherence to a specific investment strategy.

Composition The composition of EA Series Trust consists of a portfolio of common stocks. The specific stocks and their allocation can vary significantly between different series of the EA Series Trust, but the underlying assets are predominantly equity securities.

Market Share: Data on the specific market share for 'EA Series Trust' as a whole is not readily available as it's a trust structure with potentially multiple series, each with its own distinct holdings and investor base. Market share is typically tracked for broad ETF categories rather than specific unit investment trusts.

Total Net Assets (AUM): Detailed aggregate AUM for the entire 'EA Series Trust' structure is not publicly available. AUM for individual series would need to be accessed through their respective fund documents or financial data providers.

Key Competitors

• SPDR S&P 500 ETF Trust (SPY)
• Vanguard Total Stock Market ETF (VTI)
• Invesco QQQ Trust (QQQ)
• iShares Core S&P 500 ETF (IVV)
• iShares Russell 2000 ETF (IWM)

Competitive Landscape

The ETF market is highly competitive, dominated by large providers offering broad-market index-tracking ETFs. Unit investment trusts like EA Series Trust often operate in more niche segments or offer specific curated portfolios, which can lead to lower overall market share compared to passively managed broad-market ETFs. Advantages might include a unique investment theme or a perceived quality in security selection, while disadvantages could be higher fees, less liquidity, and a fixed structure that doesn't adapt to changing market conditions as readily as actively managed ETFs or those that rebalance more frequently.

Historical Performance: Historical performance data for EA Series Trust is series-specific and requires access to individual trust prospectuses and financial reports. As a unit investment trust, performance is tied to the selection of underlying securities and their individual performance over the trust's life.

Benchmark Comparison: Comparison to a benchmark is dependent on the specific investment objective of each EA Series Trust. If a trust aims for broad market exposure, it might be benchmarked against indices like the S&P 500. If it focuses on a specific sector, the benchmark would be relevant to that sector's index.

Expense Ratio: The expense ratio for EA Series Trust varies by series. Unit investment trusts often have higher expense ratios than passively managed ETFs due to their fixed nature and the costs associated with establishing and managing the portfolio. Specific ratios must be checked per series.

Average Trading Volume

Liquidity for EA Series Trust can vary significantly by series, with average trading volumes generally being lower than highly traded, passively managed ETFs.

Bid-Ask Spread

The bid-ask spread for EA Series Trust can be wider than for highly liquid ETFs, indicating potentially higher trading costs for investors.

Market Environment Factors

EA Series Trust is influenced by overall economic conditions, interest rate policies, inflation, geopolitical events, and sector-specific trends relevant to its underlying equity holdings. Growth prospects for its chosen sectors and the broader stock market will significantly impact performance.

Growth Trajectory

Growth trends for EA Series Trust are not typically tracked as a single entity. Growth for any given series depends on the performance of its underlying securities and investor demand for its specific investment theme. Changes to strategy or holdings are generally not made once a series is established.

Competitive Edge

EA Series Trust's competitive edge, if any, lies in the specific selection of equity securities by its sponsor, potentially offering a unique investment thesis or a curated portfolio that targets a particular growth theme or market niche. The fixed portfolio structure can also appeal to investors seeking a predetermined investment strategy without active management fluctuations. However, its nature as a unit investment trust limits its adaptability compared to more dynamic investment vehicles.

Volatility

The volatility of EA Series Trust is directly correlated to the volatility of its underlying equity holdings. If the trust holds growth stocks or companies in volatile sectors, its volatility will be higher.

Market Risk

Market risk for EA Series Trust includes systemic risks affecting the broader equity market, such as economic downturns, changes in investor sentiment, and regulatory shifts. Specific to its holdings, there's also sector-specific risk and individual company risk associated with each stock in its portfolio.

Ideal Investor Profile

The ideal investor for EA Series Trust is one who seeks exposure to a specific basket of equity securities with a defined investment strategy, understands the fixed nature of a unit investment trust, and is comfortable with the risks associated with equity investments.

Market Risk

EA Series Trust is generally best suited for long-term investors who believe in the initial selection of securities and wish to hold them for the life of the trust, rather than active traders seeking frequent adjustments.

The EA Series Trust is a unit investment trust focusing on a curated selection of equity securities for capital appreciation. Its investment strategy is fixed, with a predetermined portfolio of stocks. While it offers a unique investment theme, its liquidity and expense ratios can be less favorable compared to actively managed ETFs. Investors seeking a specific equity exposure with a fixed strategy and long-term outlook may find it suitable, but must consider the inherent risks of equity markets and the limited adaptability of a unit trust.

Data Sources:

• Company Filings (SEC)
• Financial Data Providers (e.g., Morningstar, Bloomberg)
• Fund Prospectuses

Disclaimers:

This information is for general guidance only and does not constitute financial advice. Specific data points, especially market share and AUM, can vary by series and are subject to change. Investors should consult the official prospectus for each EA Series Trust before making any investment decisions. Past performance is not indicative of future results.