PortfoliosLab logo

Ballast Small/Mid Cap ETF (MGMT)

ETF · Currency in USD · Last updated May 19, 2022

MGMT is an actively managed ETF by Inverdale Capital Management LLC. MGMT launched on Dec 2, 2020 and has a 1.10% expense ratio.

ETF Info

Trading Data

  • Previous Close$32.53
  • Year Range$31.66 - $38.12
  • EMA (50)$33.92
  • EMA (200)$35.23
  • Average Volume$10.17K

MGMTShare Price Chart


Chart placeholderClick Calculate to get results

MGMTPerformance

The chart shows the growth of $10,000 invested in Ballast Small/Mid Cap ETF on Dec 4, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,831 for a total return of roughly 28.31%. All prices are adjusted for splits and dividends.


MGMT (Ballast Small/Mid Cap ETF)
Benchmark (^GSPC)

MGMTReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-5.18%-10.68%
YTD-13.27%-17.68%
6M-14.66%-16.53%
1Y-7.80%-5.76%
5Y18.72%4.77%
10Y18.72%4.77%

MGMTMonthly Returns Heatmap


Chart placeholderClick Calculate to get results

MGMTSharpe 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 Ballast Small/Mid Cap ETF Sharpe ratio is -0.37. 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.


MGMT (Ballast Small/Mid Cap ETF)
Benchmark (^GSPC)

MGMTDividend History

Ballast Small/Mid Cap ETF granted a 0.30% dividend yield in the last twelve months, as of May 19, 2022. The annual payout for that period amounted to $0.10 per share.


PeriodTTM20212020
Dividend$0.10$0.10$0.00

Dividend yield

0.30%0.26%0.00%

MGMTDrawdowns Chart

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


MGMT (Ballast Small/Mid Cap ETF)
Benchmark (^GSPC)

MGMTWorst Drawdowns

The table below shows the maximum drawdowns of the Ballast Small/Mid Cap 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 Ballast Small/Mid Cap ETF is 16.95%, recorded on May 11, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.95%Nov 17, 2021121May 11, 2022
-6.96%Mar 18, 20215Mar 24, 202121Apr 23, 202126
-5.46%Jun 28, 202115Jul 19, 202111Aug 3, 202126
-5.14%Sep 3, 202112Sep 21, 202124Oct 25, 202136
-5.09%May 10, 20213May 12, 202113Jun 1, 202116
-4.83%Jun 9, 20218Jun 18, 20214Jun 24, 202112
-4.34%Jan 26, 20214Jan 29, 20214Feb 4, 20218
-4.04%Aug 4, 202112Aug 19, 20216Aug 27, 202118
-3.08%Feb 25, 20211Feb 25, 20214Mar 3, 20215
-2.26%Oct 26, 20212Oct 27, 20213Nov 1, 20215

MGMTVolatility Chart

Current Ballast Small/Mid Cap ETF volatility is 32.61%. 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.


MGMT (Ballast Small/Mid Cap ETF)
Benchmark (^GSPC)

Portfolios with Ballast Small/Mid Cap ETF


Loading data...

More Tools for Ballast Small/Mid Cap ETF