Argent Mid Cap ETF (AMID)
The ETF focuses on companies undergoing positive changes driven by internal or external factors. The fund utilizes quantitative and fundamental research to select 35-50 stocks from a universe of publicly traded U.S. companies with market capitalizations between $1.5 to $20 billion.
ETF Info
| CUSIP | 02072L839 |
|---|---|
| Issuer | Argent |
| Inception Date | Aug 17, 2022 |
| Category | Mid Cap Growth Equities |
| Index Tracked | No Index (Active) |
| Home Page | argentetfs.com |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
AMID has a high expense ratio of 0.52%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Argent Mid Cap ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Argent Mid Cap ETF had a return of 5.45% year-to-date (YTD) and 31.81% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.45% | 5.57% |
| 1 month | -6.72% | -4.16% |
| 6 months | 29.83% | 20.07% |
| 1 year | 31.81% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.11% | 8.36% | 4.42% | |||||||||
| 2023 | -4.81% | 12.19% | 9.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of AMID is 83, placing it in the top 17% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Argent Mid Cap ETF(AMID)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Argent Mid Cap ETF (AMID) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Argent Mid Cap ETF granted a 0.40% dividend yield in the last twelve months. The annual payout for that period amounted to $0.13 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.06 |
Dividend yield | 0.40% | 0.43% | 0.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Argent Mid Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2022 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Argent Mid Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Argent Mid Cap ETF was 15.98%, occurring on Sep 26, 2022. Recovery took 85 trading sessions.
The current Argent Mid Cap ETF drawdown is 6.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.98% | Aug 19, 2022 | 26 | Sep 26, 2022 | 85 | Jan 27, 2023 | 111 |
| -12.23% | Sep 5, 2023 | 39 | Oct 27, 2023 | 24 | Dec 1, 2023 | 63 |
| -10.63% | Feb 3, 2023 | 30 | Mar 17, 2023 | 62 | Jun 15, 2023 | 92 |
| -7.83% | Apr 1, 2024 | 15 | Apr 19, 2024 | — | — | — |
| -5.01% | Jul 19, 2023 | 22 | Aug 17, 2023 | 11 | Sep 1, 2023 | 33 |
Volatility
Volatility Chart
The current Argent Mid Cap ETF volatility is 5.05%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.