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ISIN
US90470L5509
CUSIP
90470L550
Inception Date
Dec 2, 2020
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Assets Under Management
$150M

Share Price Chart


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Performance

MGMT Performance Chart

Ballast Small/Mid Cap ETF (MGMT) is up 12.2% since the beginning of the year. MGMT is currently trading at $50 per share. Investors who bought $1,000 worth of MGMT shares 5 years ago would now be looking at an investment worth $1,428.


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S&P 500 Index

Returns By Period

Ballast Small/Mid Cap ETF (MGMT) has returned 12.16% so far this year and 29.73% over the past 12 months.


Ballast Small/Mid Cap ETF

1D
-1.31%
1M
4.45%
YTD
12.16%
6M
10.57%
1Y
29.73%
3Y*
14.13%
5Y*
7.38%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MGMT Monthly Returns History

Based on dividend-adjusted daily data since Dec 3, 2020, MGMT's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2024 with a return of +15.2%, while the worst month was Jun 2022 at -10.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MGMT closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Apr 3, 2025 at -5.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.98%1.46%-6.24%6.85%0.60%2.52%12.16%
20251.69%-3.08%-5.82%-4.61%4.05%3.05%3.10%8.62%-0.37%-3.31%2.25%2.13%6.96%
2024-3.89%2.25%4.25%-5.56%1.86%-1.63%8.61%-2.44%1.30%-0.74%15.23%-5.11%12.95%
20238.40%-0.88%-2.23%-2.28%-1.32%9.91%4.66%-4.37%-2.64%-5.52%6.26%8.22%17.87%
2022-5.48%1.09%-1.67%-6.97%3.80%-10.68%8.42%-3.87%-8.28%10.34%4.07%-3.92%-14.54%
20215.41%12.11%6.55%3.88%2.13%0.97%0.93%0.50%-2.01%2.06%-1.50%4.46%40.77%

Benchmark Metrics

Ballast Small/Mid Cap ETF has an annualized alpha of 1.48%, beta of 0.93, and R2 of 0.62 versus S&P 500 Index. Calculated based on daily prices since December 03, 2020.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (91.12%) than losses (89.72%) - typical of diversified or defensive assets.
  • With beta of 0.93 and R2 of 0.62, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
1.48%
Beta
0.93
0.62
Upside Capture
91.12%
Downside Capture
89.72%

Expense Ratio

MGMT has a high expense ratio of 1.10%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

MGMT ranks 49 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


MGMT Risk / Return Rank: 4949
Overall Rank
MGMT Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
MGMT Sortino Ratio Rank: 5353
Sortino Ratio Rank
MGMT Omega Ratio Rank: 4545
Omega Ratio Rank
MGMT Calmar Ratio Rank: 5050
Calmar Ratio Rank
MGMT Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Ballast Small/Mid Cap ETF (MGMT) 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.


MGMTBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.34

Sortino ratioReturn per unit of downside risk

-0.28

Omega ratioGain probability vs. loss probability

1.29

1.37

-0.08

Calmar ratioReturn relative to maximum drawdown

2.43

2.78

-0.36

Martin ratioReturn relative to average drawdown

7.35

12.44

-5.09

Dividends

Dividend History

Ballast Small/Mid Cap ETF provided a 0.30% dividend yield over the last twelve months, with an annual payout of $0.15 per share.


0.20%0.40%0.60%0.80%1.00%1.20%$0.00$0.10$0.20$0.30$0.4020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.15$0.15$0.21$0.43$0.29$0.10

Dividend yield

0.30%0.34%0.51%1.16%0.90%0.26%

Monthly Dividends

The table displays the monthly dividend distributions for Ballast Small/Mid Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.43$0.43
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.29$0.29
2021$0.10$0.10

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 Ballast Small/Mid Cap 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 Ballast Small/Mid Cap ETF was 24.95%, occurring on Sep 26, 2022. Recovery took 314 trading sessions.

The current Ballast Small/Mid Cap ETF drawdown is 1.31%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-24.95%Sep 2022
8mo 24d1y 3mo
1y 11moJan 2022 - Dec 2023
2025 selloff2025
-23.76%Apr 2025
4mo 6d4mo 16d
8mo 22dDec 2024 - Aug 2025
2026 correction2026
-12.32%Mar 2026
1mo 6d2mo 24d
4moFeb 2026 - Jun 2026
2024 correction2024
-11.10%Aug 2024
21d2mo 10d
3mo 1dJul 2024 - Oct 2024
2025 pullback2025
-8.87%Nov 2025
2mo 2d20d
2mo 22dSep 2025 - Dec 2025

Drawdown Indicators


MGMTBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-24.95%

-56.78%

+31.83%

Max Drawdown (1Y)

Largest decline over 1 year

-12.32%

-9.10%

-3.22%

Max Drawdown (3Y)

Largest decline over 3 years

-23.76%

-18.90%

-4.86%

Max Drawdown (5Y)

Largest decline over 5 years

-24.95%

-25.43%

+0.48%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.31%

-1.80%

+0.49%

Average Drawdown

Average peak-to-trough decline

-6.69%

-10.71%

+4.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.06%

2.03%

+2.03%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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