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Changebridge Capital Long/Short Equity ETF (CBLS)

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

CBLS is an actively managed ETF by Changebridge Capital LLC. CBLS launched on Nov 13, 2020 and has a 1.95% expense ratio.

ETF Info

IssuerChangebridge Capital LLC
Inception DateNov 13, 2020
RegionNorth America (U.S.)
CategoryLong-Short, Actively Managed
Expense Ratio1.95%
Index TrackedNo Index (Active)
Asset ClassAlternatives

Trading Data

Previous Close$19.87
Year Range$19.40 - $27.16
EMA (50)$21.05
EMA (200)$23.15
Average Volume$1.12K

CBLSShare Price Chart


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CBLSPerformance

The chart shows the growth of $10,000 invested in Changebridge Capital Long/Short Equity ETF on Nov 16, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,739 for a total return of roughly -2.61%. All prices are adjusted for splits and dividends.


CBLS (Changebridge Capital Long/Short Equity ETF)
Benchmark (^GSPC)

CBLSReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-8.59%-6.21%
YTD-17.05%-18.17%
6M-16.69%-17.47%
1Y-24.36%-8.89%
5Y-1.63%5.38%
10Y-1.63%5.38%

CBLSMonthly Returns Heatmap


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CBLSSharpe 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 Changebridge Capital Long/Short Equity ETF Sharpe ratio is -1.34. 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.


CBLS (Changebridge Capital Long/Short Equity ETF)
Benchmark (^GSPC)

CBLSDividend History


Changebridge Capital Long/Short Equity ETF doesn't pay dividends

CBLSDrawdowns Chart

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


CBLS (Changebridge Capital Long/Short Equity ETF)
Benchmark (^GSPC)

CBLSWorst Drawdowns

The table below shows the maximum drawdowns of the Changebridge Capital Long/Short Equity 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 Changebridge Capital Long/Short Equity ETF is 30.17%, recorded on Jun 23, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.17%Apr 30, 2021290Jun 23, 2022
-8.46%Jan 25, 20213Jan 27, 20217Feb 5, 202110
-6.17%Mar 16, 202125Apr 20, 20217Apr 29, 202132
-5.62%Feb 23, 20218Mar 4, 20217Mar 15, 202115
-1.65%Nov 30, 20201Nov 30, 20204Dec 4, 20205
-1.6%Dec 28, 20205Jan 4, 20212Jan 6, 20217
-1.16%Nov 17, 20202Nov 18, 20202Nov 20, 20204
-1.05%Dec 8, 20204Dec 11, 20201Dec 14, 20205
-0.67%Jan 13, 20211Jan 13, 20211Jan 14, 20212
-0.61%Feb 16, 20211Feb 16, 20213Feb 19, 20214

CBLSVolatility Chart

Current Changebridge Capital Long/Short Equity ETF volatility is 20.18%. 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.


CBLS (Changebridge Capital Long/Short Equity ETF)
Benchmark (^GSPC)

Portfolios with Changebridge Capital Long/Short Equity ETF


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