Merlyn.AI SectorSurfer Momentum ETF (DUDE)
DUDE is a passive ETF by EMPIRICAL FINANCE LLC tracking the investment results of the MAI SectorSurfer Momentum Index. DUDE launched on Dec 30, 2020 and has a 1.32% expense ratio.
ETF Info
Dec 30, 2020
Global (Broad)
1x
MAI SectorSurfer Momentum Index
Expense Ratio
DUDE has a high expense ratio of 1.32%, 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 Merlyn.AI SectorSurfer Momentum 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
DUDE
N/A
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^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of DUDE, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2.96% | -6.59% | 5.39% | -5.04% | -1.22% | 9.03% | 4.58% | -2.67% | -6.60% | -1.79% | 0.10% | -3.13% | |
| 2022 | -8.72% | 3.91% | -2.01% | -6.59% | 1.19% | -7.00% | 1.58% | -2.08% | -7.00% | 0.68% | 2.02% | -1.45% | -23.50% |
| 2021 | 6.29% | 0.92% | -2.70% | 1.69% | -0.29% | 2.99% | -0.22% | 1.87% | -4.97% | 7.59% | 0.98% | -0.15% | 14.21% |
| 2020 | 0.00% | 0.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Merlyn.AI SectorSurfer Momentum ETF (DUDE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
| Period | 2022 | 2021 |
|---|---|---|
| Dividend | $1.29 | $0.09 |
Dividend yield | 6.21% | 0.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Merlyn.AI SectorSurfer Momentum 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 | $1.29 |
| 2021 | $0.09 | $0.09 |
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 Merlyn.AI SectorSurfer Momentum 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 Merlyn.AI SectorSurfer Momentum ETF was 32.04%, occurring on Mar 10, 2023. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.04% | Nov 17, 2021 | 329 | Mar 10, 2023 | — | — | — |
| -14.88% | Feb 16, 2021 | 61 | May 12, 2021 | 125 | Nov 8, 2021 | 186 |
| -5.11% | Jan 25, 2021 | 5 | Jan 29, 2021 | 4 | Feb 4, 2021 | 9 |
| -2.9% | Jan 15, 2021 | 1 | Jan 15, 2021 | 2 | Jan 20, 2021 | 3 |
| -2.19% | Nov 9, 2021 | 2 | Nov 10, 2021 | 4 | Nov 16, 2021 | 6 |
Volatility
Volatility Chart
The current Merlyn.AI SectorSurfer Momentum ETF volatility is 0.00%, 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.