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Merlyn.AI Best-of-Breed Core Momentum ETF (BOB)

ETF · Currency in USD · Last updated Jun 28, 2022

BOB is a passive ETF by EMPIRICAL FINANCE LLC tracking the investment results of the MAI Best-of-Breed Core Momentum Index. BOB launched on Jan 13, 2021 and has a 0.85% expense ratio.

ETF Info

IssuerEMPIRICAL FINANCE LLC
Inception DateJan 13, 2021
RegionGlobal (Broad)
CategoryMoney Market
Expense Ratio0.85%
Index TrackedMAI Best-of-Breed Core Momentum Index
Asset ClassMulti-Asset

Asset Class Size

Large-Cap

Trading Data

Previous Close$22.25
Year Range$21.07 - $27.80
EMA (50)$23.31
EMA (200)$24.89
Average Volume$4.12K

BOBShare Price Chart


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BOBPerformance

The chart shows the growth of $10,000 invested in Merlyn.AI Best-of-Breed Core Momentum ETF on Jan 14, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,135 for a total return of roughly -8.65%. All prices are adjusted for splits and dividends.


BOB (Merlyn.AI Best-of-Breed Core Momentum ETF)
Benchmark (^GSPC)

BOBReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-7.82%-6.21%
YTD-18.03%-18.17%
6M-17.51%-17.47%
1Y-12.51%-8.89%
5Y-6.06%1.63%
10Y-6.06%1.63%

BOBMonthly Returns Heatmap


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BOBSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Merlyn.AI Best-of-Breed Core Momentum ETF Sharpe ratio is -0.66. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


BOB (Merlyn.AI Best-of-Breed Core Momentum ETF)
Benchmark (^GSPC)

BOBDividend History

Merlyn.AI Best-of-Breed Core Momentum ETF granted a 2.91% dividend yield in the last twelve months. The annual payout for that period amounted to $0.65 per share.


PeriodTTM2021
Dividend$0.65$0.65

Dividend yield

2.91%2.39%

BOBDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


BOB (Merlyn.AI Best-of-Breed Core Momentum ETF)
Benchmark (^GSPC)

BOBWorst Drawdowns

The table below shows the maximum drawdowns of the Merlyn.AI Best-of-Breed Core Momentum ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Merlyn.AI Best-of-Breed Core Momentum ETF is 24.21%, recorded on Jun 16, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-24.21%Jan 5, 2022113Jun 16, 2022
-7.91%Feb 16, 202113Mar 4, 202129Apr 15, 202142
-7.3%Sep 8, 202119Oct 4, 202116Oct 26, 202135
-6.74%Jun 9, 202128Jul 19, 202129Aug 27, 202157
-4.94%Nov 9, 202129Dec 20, 20214Dec 27, 202133
-4.72%Jan 21, 20215Jan 27, 20218Feb 8, 202113
-4.49%May 10, 20213May 12, 202113Jun 1, 202116
-2.4%Apr 19, 20212Apr 20, 20213Apr 23, 20215
-2%Apr 28, 20215May 4, 20213May 7, 20218
-1.03%Jan 14, 20212Jan 15, 20212Jan 20, 20214

BOBVolatility Chart

Current Merlyn.AI Best-of-Breed Core Momentum ETF volatility is 28.95%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


BOB (Merlyn.AI Best-of-Breed Core Momentum ETF)
Benchmark (^GSPC)

Portfolios with Merlyn.AI Best-of-Breed Core Momentum ETF


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