- ISIN
- US81752T4296
- CUSIP
- 81752T429
- Issuer
- Elm
- Inception Date
- Dec 30, 2011
- Region
- Global (Broad)
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $493M
Share Price Chart
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Performance
ELM Performance Chart
Elm Market Navigator ETF (ELM) is up 7.8% since the beginning of the year. ELM is currently trading at $29 per share.
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Returns By Period
Elm Market Navigator ETF (ELM) has returned 7.82% so far this year and 20.07% over the past 12 months.
Elm Market Navigator ETF
- 1D
- 0.17%
- 1M
- 1.28%
- YTD
- 7.82%
- 6M
- 8.21%
- 1Y
- 20.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
ELM Monthly Returns History
Based on dividend-adjusted daily data since Feb 11, 2025, ELM's average daily return is +0.06%, while the average monthly return is +1.13%. At this rate, an investment would double in approximately 5.1 years.
Historically, 82% of months were positive and 18% were negative. The best month was Apr 2026 with a return of +5.3%, while the worst month was Mar 2026 at -5.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 2 months.
On a daily basis, ELM closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +3.3%, while the worst single day was Apr 4, 2025 at -3.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.67% | 2.30% | -5.24% | 5.27% | 2.63% | 0.27% | 7.82% | ||||||
| 2025 | -0.63% | -0.97% | 0.08% | 1.74% | 3.27% | 0.00% | 2.78% | 2.69% | 1.30% | 0.16% | 0.96% | 11.88% |
Benchmark Metrics
Elm Market Navigator ETF has an annualized alpha of 6.43%, beta of 0.48, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since February 11, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (54.54%) than losses (23.52%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 6.43% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.48 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 6.43%
- Beta
- 0.48
- R²
- 0.67
- Upside Capture
- 54.54%
- Downside Capture
- 23.52%
Expense Ratio
ELM has an expense ratio of 0.24%, which is considered low.
Return for Risk
Risk / Return Rank
ELM ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Elm Market Navigator ETF (ELM) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ELM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 2.78 | -0.10 |
| Martin ratioReturn relative to average drawdown | 10.95 | 12.44 | -1.49 |
Dividends
Dividend History
Elm Market Navigator ETF provided a 2.52% dividend yield over the last twelve months, with an annual payout of $0.74 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.74 | $0.74 |
Dividend yield | 2.52% | 2.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Elm Market Navigator 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.74 | $0.74 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Elm Market Navigator 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 Elm Market Navigator ETF was 9.02%, occurring on Apr 8, 2025. Recovery took 39 trading sessions.
The current Elm Market Navigator ETF drawdown is 0.34%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -9.02%Apr 2025 | 1mo 18d | 1mo 27d | 3mo 15dFeb 2025 - Jun 2025 |
2026 pullback2026 | -7.52%Mar 2026 | 1mo 2d | 1mo 7d | 2mo 9dFeb 2026 - May 2026 |
2025 pullback2025 | -3.78%Nov 2025 | 23d | 1mo 4d | 1mo 27dOct 2025 - Dec 2025 |
2026 pullback2026 | -2.92%Jun 2026 | 7d | — | 20d 10hJun 2026 - now |
2025 pullback2025 | -2.42%Oct 2025 | 3d | 10d | 13dOct 2025 - Oct 2025 |
Drawdown Indicators
| ELM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.02% | -56.78% | +47.76% |
Max Drawdown (1Y)Largest decline over 1 year | -7.52% | -9.10% | +1.58% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.34% | -1.80% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -1.32% | -10.71% | +9.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 2.03% | -0.19% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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