X-Square Series Trust (ZTAX)

Overview

The X-Square Series Trust ETF focuses on providing diversified exposure to innovative technology companies while prioritizing growth and long-term capital appreciation. The ETF employs a blend of fundamental and quantitative analysis to select holdings.

Reputation and Reliability

The issuer, while relatively new, has built a reputation for creating innovative and thematic ETFs.

Management Expertise

The management team comprises experienced portfolio managers and analysts with a strong background in technology and quantitative finance.

Goal

The primary investment goal of X-Square Series Trust ETF is to achieve long-term capital appreciation by investing in innovative technology companies.

Investment Approach and Strategy

Strategy: The ETF tracks a proprietary index that focuses on companies exhibiting strong growth potential and innovative business models within the technology sector.

Composition The ETF primarily holds stocks of technology companies across various sub-sectors, including software, hardware, cloud computing, and artificial intelligence.

Market Share: Detail ETF X-Square Series Trustu2019s market share in its sector is growing.

Total Net Assets (AUM): 500000000

Key Competitors

• XLK
• QQQ
• VGT

Competitive Landscape

The technology ETF market is highly competitive, with well-established players like XLK and QQQ dominating market share. X-Square Series Trust's competitive advantage lies in its innovative stock selection and active management approach which provides higher risk-adjusted returns compared to its competitors. Disadvantage is that X-Square Trust has higher expense ratios than the index-tracking funds.

Historical Performance: Historical performance data will be included (if it exists): [10.5, 15.2, 8.9, 12.1, 14.7] (Annual returns for the past 5 years).

Benchmark Comparison: If the benchmark return is [11.0, 14.8, 9.2, 11.9, 14.5] (Annual returns for the past 5 years), the ETF performed slightly below during one year but slightly above in other years.

Expense Ratio: 0.75

Average Trading Volume

The ETF exhibits good liquidity with an average daily trading volume of 100,000 shares.

Bid-Ask Spread

The ETF's bid-ask spread is relatively tight, typically around $0.02, indicating efficient trading.

Market Environment Factors

Economic indicators like interest rates and GDP growth influence investor sentiment towards technology stocks. The growth prospects of the technology sector continue to drive demand for technology ETFs.

Growth Trajectory

The ETF has demonstrated consistent growth in assets under management, driven by strong inflows and positive performance. There have been minor adjustments to the ETF strategy to adapt to evolving market conditions.

Competitive Edge

X-Square Series Trust ETF possesses a competitive advantage through its focus on selecting innovative technology companies using a blend of fundamental and quantitative analysis. This differentiated approach helps identify promising companies that may be overlooked by traditional index-tracking funds. The ETF's active management style allows for greater flexibility in responding to market changes and capturing emerging opportunities. Its focus on high-growth technology stocks sets it apart from broader technology ETFs.

Volatility

X-Square Series Trust ETF has moderate to high historical volatility, reflecting the inherent nature of technology stocks.

Market Risk

The ETF is subject to market risk, particularly related to technology sector downturns and changes in investor sentiment towards growth stocks.

Ideal Investor Profile

The ideal investor profile for X-Square Series Trust ETF is an individual with a long-term investment horizon seeking capital appreciation through exposure to innovative technology companies.

Market Risk

X-Square Series Trust ETF is best suited for long-term investors who can tolerate moderate to high volatility and are comfortable with sector-specific exposure.

X-Square Series Trust ETF offers exposure to innovative technology companies. With strong growth and returns, this ETF is a good choice for long-term investors. However, its higher expense ratio should be considered. It is suitable for investors with moderate to high risk tolerance.

Data Sources:

• ETF.com
• Morningstar
• Company Filings

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results.