DriveWealth NYSE 100 Index ETF (CETF)
CETF is a passive ETF by DriveWealth tracking the investment results of the NYSE DriveWealth 100 Index - Benchmark TR Gross. CETF launched on Apr 25, 2023 and has a 0.85% expense ratio.
ETF Info
| ISIN | US26209C1071 |
|---|---|
| Issuer | DriveWealth |
| Inception Date | Apr 25, 2023 |
| Region | North America (U.S.) |
| Category | Large Cap Blend Equities |
| Leveraged | 1x |
| Index Tracked | NYSE DriveWealth 100 Index - Benchmark TR Gross |
| Asset Class | Equity |
Expense Ratio
CETF features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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Popular comparisons: CETF vs. ^NDX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DriveWealth NYSE 100 Index 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 17.95% |
| 1 month | N/A | 3.13% |
| 6 months | N/A | 9.95% |
| 1 year | N/A | 24.88% |
| 5 years (annualized) | N/A | 13.37% |
| 10 years (annualized) | N/A | 10.92% |
Monthly Returns
The table below presents the monthly returns of CETF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.48% | 0.70% | 2.82% | -3.26% | 3.69% | 2.17% | 0.94% | 102.10% | |||||
| 2023 | 6.45% | -3.31% | 1.26% | -56.23% | -2.48% | 4.49% | 2.22% | -1.13% | -2.01% | -1.95% | 2.61% | 2.01% | -52.76% |
| 2022 | -2.53% | -2.00% | -11.36% | -1.55% | -2.12% | 16.70% | -8.91% | -3.79% | -1.12% | -13.43% | 9.56% | 4.13% | -18.51% |
| 2021 | 7.27% | -2.36% | -5.06% | -0.23% | 6.57% | -1.87% | -12.84% | -1.60% | 7.05% | -1.40% | 3.08% | 0.31% | -2.89% |
| 2020 | -2.44% | 0.41% | -2.10% | -0.60% | -3.09% | 4.16% | 4.40% | 5.49% | -0.10% | 7.34% | 3.90% | -1.20% | 16.65% |
| 2019 | 5.68% | 17.02% | 3.86% | 1.30% | -6.19% | 3.58% | 2.65% | -2.22% | 0.87% | 0.59% | -0.52% | 2.75% | 31.61% |
| 2018 | 5.30% | -2.61% | -2.82% | -0.83% | 0.41% | -9.17% | -1.78% | -2.58% | 1.78% | -7.99% | -1.92% | -8.00% | -27.11% |
| 2017 | -0.35% | 0.66% | 0.17% | 0.15% | 2.87% | 3.92% | -0.85% | 5.91% | -0.89% | 7.40% | 2.84% | -3.00% | 19.96% |
| 2016 | -25.30% | 1.45% | 5.38% | -1.50% | 0.68% | -2.80% | 4.11% | 2.85% | -3.04% | 0.55% | 6.48% | -5.13% | -18.82% |
| 2015 | -5.07% | -8.67% | -16.02% | 2.16% | 8.06% | -1.83% | 3.07% | -18.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CETF is 59, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DriveWealth NYSE 100 Index ETF (CETF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DriveWealth NYSE 100 Index ETF granted a 3.33% dividend yield in the last twelve months. The annual payout for that period amounted to $1.64 per share.
| Period | TTM |
|---|---|
| Dividend | $1.64 |
Dividend yield | 3.33% |
Monthly Dividends
The table displays the monthly dividend distributions for DriveWealth NYSE 100 Index 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.64 | $0.00 | $1.64 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the DriveWealth NYSE 100 Index 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 DriveWealth NYSE 100 Index ETF was 70.16%, occurring on May 31, 2023. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.16% | Feb 18, 2021 | 544 | May 31, 2023 | — | — | — |
| -42.98% | Jun 29, 2015 | 649 | Jan 2, 2019 | 513 | Feb 10, 2021 | 1162 |
| -0.04% | Feb 12, 2021 | 1 | Feb 12, 2021 | 1 | Feb 15, 2021 | 2 |
Volatility
Volatility Chart
The current DriveWealth NYSE 100 Index ETF volatility is 125.80%, 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.