Corbett Road Tactical Opportunity ETF (OPPX)
OPPX is an actively managed ETF by Exchange Traded Concepts. OPPX launched on Feb 25, 2021 and has a 0.75% expense ratio.
ETF Info
| Issuer | Exchange Traded Concepts |
|---|---|
| Inception Date | Feb 25, 2021 |
| Region | North America (U.S.) |
| Category | Diversified Portfolio, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Multi-Asset |
Expense Ratio
The Corbett Road Tactical Opportunity ETF has a high expense ratio of 0.75%, 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 Corbett Road Tactical Opportunity 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 | 6.92% |
| 1 month | N/A | -2.83% |
| 6 months | N/A | 23.86% |
| 1 year | N/A | 23.33% |
| 5 years (annualized) | N/A | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | -2.96% | -1.39% | 6.20% | 4.01% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Corbett Road Tactical Opportunity ETF (OPPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Corbett Road Tactical Opportunity ETF granted a 10.93% dividend yield in the last twelve months. The annual payout for that period amounted to $2.44 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $2.44 | $2.44 | $0.13 |
Dividend yield | 10.93% | 10.93% | 0.62% |
Monthly Dividends
The table displays the monthly dividend distributions for Corbett Road Tactical Opportunity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.44 |
| 2022 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Corbett Road Tactical Opportunity 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 Corbett Road Tactical Opportunity ETF was 30.33%, occurring on Jun 17, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.33% | Nov 17, 2021 | 147 | Jun 17, 2022 | — | — | — |
| -7.9% | Feb 25, 2021 | 8 | Mar 8, 2021 | 23 | Apr 9, 2021 | 31 |
| -5.86% | Sep 27, 2021 | 6 | Oct 4, 2021 | 13 | Oct 21, 2021 | 19 |
| -4.88% | Apr 30, 2021 | 9 | May 12, 2021 | 41 | Jul 12, 2021 | 50 |
| -3.43% | Jul 13, 2021 | 5 | Jul 19, 2021 | 4 | Jul 23, 2021 | 9 |
Volatility
Volatility Chart
The current Corbett Road Tactical Opportunity ETF volatility is 2.36%, 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.