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  • ETF
  • RALS
    Pricing Data
    $39.05
    Change: $0.11 (0.0%)
    Time: 07/22/16
    Previous Close: $38.94
  • Category
  • Long-Short
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $37.67
  • 52 Week Hi: $40.65
  • AUM: $40.9 M
  • Shares: 1.1 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 5,664
  • 3 Month Avg. Volume: 4,838

Alternative ETFs in the Long-Short Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF offers a unique twist on market neutral exposure, offering both long and short positions to U.S. stocks within a single portfolio. Given this objective, RALS can be expected to exhibit a low correlation with traditional asset classes, and as such can be a useful tool for investors looking to smooth overall volatility and who believe that the underlying methodology is capable of generating positive returns over the long run regardless of overall market direction. RALS should be appealing to those who believe that market capitalization weighting is inherently flawed, and that the fundamentals-based RAFI strategy offers a more rational way to achieve exposure to U.S. equities (essentially, that cap weighting has a tendency to overweight overvalued stocks and underweight undervalued companies). RALS essentially calculates the weight of various stocks based on multiple fundamental factors, and establishes long positions in those with a "RAFI weight" greater than their market cap weight (and vice versa). The methodology is sound, making RALS a useful tool for exploiting potential inefficiencies in cap weighted indexes. Investors shouldn't expect huge returns in either direction; as a long/short fund, RALS is unlikely to make significant moves in either direction. One potential drawback is the expense ratio, which creates a material breakeven hurdle, especially considering the nature of the fund's strategy.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for RALS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Long-Short with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

RALS Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A RALS
Expenses B- CSLS
Performance
Volatility
Dividend
Concentration

Knowledge Centers

RALS In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

RALS Holdings

Filings Data as of: Jul 05, 2016
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Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.

Number of Holdings
Rank:
1008
Category Low
Category High
% Assets in Top 10
Rank:
119.47%
Category Low
Category High

RALS Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
0.578%
ETF Wtd. Average
0.26%
Category Average
0.92%
Expense Ratio
Rank:
0.95%
Category Low
Category High

Commission Free Trading

This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)

Category Commission Free Trading

There are 1 other ETFs in the Long-Short ETFdb Category that are also eligible for commission free trading:

RALS Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
0.23%
Category Low
Category High
4 Week Return
Rank:
-0.05%
Category Low
Category High
13 Week Return
Rank:
-1.03%
Category Low
Category High
26 Week Return
Rank:
3.32%
Category Low
Category High
Year to Date Return
Rank:
1.30%
Category Low
Category High
1 Year Return
Rank:
1.41%
Category Low
Category High
3 Year Return
Rank:
-2.86%
Category Low
Category High
5 Year Return
Rank:
5.39%
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of RALS relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

RALS Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
16.4
Category Low
Category High

As of Jun 04 2016

RALS Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend
$0.08
Dividend Date
2016-06-22
Annual Dividend Rate
$0.76
Annual Dividend Yield
Rank:
1.95%
Category Low
Category High

As of Jun 04, 2016

RALS Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
30.98%
Category Low
Category High
20 Day Volatility
Rank:
5.75%
Category Low
Category High
50 Day Volatility
Rank:
5.89%
Category Low
Category High
200 Day Volatility
Rank:
6.95%
Category Low
Category High
Beta
Rank:
0.37
Category Low
Category High
Standard Deviation
Rank:
0.33%
Category Low
Category High

Technicals

  • 20 Day MA: $38.93
  • 60 Day MA: $39.02
  • MACD 15 Period: 0.15
  • MACD 100 Period: 0.06
  • Williams % Range 10 Day: 64.49
  • Williams % Range 20 Day: 61.61
  • RSI 10 Day: 55
  • RSI 20 Day: 52
  • RSI 30 Day: 51
  • Ultimate Oscillator: 47

Bollinger Brands

  • Lower Bollinger (10 Day): $38.80
  • Upper Bollinger (10 Day): $39.17
  • Lower Bollinger (20 Day): $38.70
  • Upper Bollinger (20 Day): $39.21
  • Lower Bollinger (30 Day): $38.74
  • Upper Bollinger (30 Day): $39.25

Support & Resistance

  • Support Level 1: $38.86
  • Support Level 2: $38.68
  • Resistance Level 1: $39.14
  • Resistance Level 2: $39.24

Stochastic

  • Stochastic Oscillator %D (1 Day): 50.14
  • Stochastic Oscillator %D (5 Day): 55.76
  • Stochastic Oscillator %K (1 Day): 38.42
  • Stochastic Oscillator %K (5 Day): 45.77

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.