FUND SUMMARY

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Data as of: 12/09/2019


Primary Exchange NYSE
Ticker UTRN
CUSIP 301505749
Net Assets $45,225,127.64
Shares Outstanding 1,650,000
Number of Holdings 25
Fund Inception Date 09/21/2018
Expense Ratio 0.75
Distribution Yield* N/A
30-day SEC Yield** TBD
Net Asset Value (NAV)

NAV $27.41
Daily Change $-0.03
Daily Change (%) -0.12%
Market Price

Closing Price $27.47
Daily Change $0.00
Daily Change (%) 0.00%
Premium Discount

NAV Market Price Premium/Discount
$27.41 $27.47 $0.06

Performance Cumulative (%)


Month end as of: 11/30/2019

1 Month 3 Month YTD Since Inception
Fund NAV 2.67% 8.18% 29.45% 11.43%
Market Price 2.82% 8.32% 29.65% 11.71%
Quarter end as of: 09/30/2019

3 Month YTD Since Inception
Fund NAV 2.70% 22.99% 5.87%
Market Price 2.73% 23.01% 5.99%
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor`s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized. One cannot invest directly in an index. Returns are determined based on the midpoint of the bid/ask spread at 4:00pm Eastern time, when the NAV is typically calculated.

Historical Premium/Discount


  • Premium Discount Quarter End: 06/30/2019

    Quarter End: 06/30/2019

    Days between -0.5 & +0.5% 100.00%
    Number of Days between -0.5 & +0.5% 63
    Greatest Premium 0.50%
    Greatest Discount 0.00%
    Number of days at:
    Premium 63
    NAV 0
    Discount 0
  • Premium Discount Quarter End: 03/31/2019

    Quarter End: 03/31/2019

    Days between -0.5 & +0.5% 100.00%
    Number of Days between -0.5 & +0.5% 61
    Greatest Premium 0.50%
    Greatest Discount -0.50%
    Number of days at:
    Premium 60
    NAV 0
    Discount 1
  • Premium Discount Quarter End: 12/31/2018

    Quarter End: 12/31/2018

    Days between -0.5 & +0.5% 100.00%
    Number of Days between -0.5 & +0.5% 63
    Greatest Premium 0.50%
    Greatest Discount 0.00%
    Number of days at:
    Premium 63
    NAV 0
    Discount 0
  • Premium Discount Quarter End: 09/30/2018

    Quarter End: 09/30/2018

    Days between -0.5 & +0.5% 100.00%
    Number of Days between -0.5 & +0.5% 7
    Greatest Premium 0.50%
    Greatest Discount -0.50%
    Number of days at:
    Premium 6
    NAV 0
    Discount 1
  • Previous Calendar Year: Jan. 01, 2018 - December 31, 2018

    Previous Calendar Year: Jan. 01, 2018 - December 31, 2018

    Days between -0.5 & +0.5% 100.00%
    Number of Days between -0.5 & +0.5% 70
    Greatest Premium 0.50%
    Greatest Discount -0.50%
    Number of days at:
    Premium 69
    NAV 0
    Discount 1

*Distribution Yield is the annual yield an investor would receive if the most recent distribution remained the same going forward. The yield represents a single distribution from the fund and does not represent total return to the fund. The distribution yield is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.

**30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the interest earned during the period after deducting the Fund’s expenses for the period.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the midpoint or the last bid/ask spread at 4:00pm Eastern time.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Exchange Traded Concepts, LLC serves as the investment advisor. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. Check the background of SIDCO on FINRA’s BrokerCheck.

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting www.utrnetf.com. Investors should read it carefully before investing or sending money.

Investing involves risk, including possible loss of principal. The Fund’s return may not match or achieve a high degree of correlation with the return of the Index. To the extent the Fund’s investments are concentrated in or have significant exposure to a particular issuer, industry or group of industries, or asset class, the Fund may be more vulnerable to adverse events affecting such issuer, industry or group of industries, or asset class than if the Fund’s investments were more broadly diversified. Issuer-specific events, including changes in the financial condition of an issuer, can have a negative impact on the value of the Fund. The Fund is not actively managed and therefore the Fund would not sell shares of an equity security unless that security is removed from the Index or the selling of shares is otherwise required upon a rebalancing of the Index. Diversification may not protect against market risk. Holdings are subject to change.

Shares are bought and sold at market price not net asset value (NAV) and are not individually redeemed from the Fund. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated. Brokerage commissions will reduce returns.

The Fund seeks to track the performance of stocks of companies selected for the Index utilizing a methodology that relies on a proprietary algorithm. No assurance can be given that stocks of companies chosen for the Index will outperform stocks of other companies. Moreover, there is no guarantee that the Index methodology will generate or produce the intended results, and stocks of companies selected for the Index may underperform stocks of companies that have been excluded from the Index.

The Fund may trade all or a significant portion of the securities in its portfolio in connection with the weekly rebalances and reconstitutions of its Index. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses. Frequent trading may also cause adverse tax consequences for investors in the Fund due to an increase in short-term capital gains.