ERShares International Entrepreneur ETF (ERSX) selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in their proprietary Entrepreneur Factor (EF). ERShares’ EF delivers strong performance across a variety of investment strategies without disrupting investors’ underlying risk profile metrics. Their geographic diversity enables them to harness global advantages through additional returns associated with currency fluctuations, strategic geographic allocations, comparative trade imbalances and relative supply/demand strengths.
Their EF incorporates a methodology, powered by artificial intelligence (AI), that stands above other investment factors such as: momentum, sector, growth, value, leverage, market cap (size) and geographic orientation. Moreover, with the aid of AI and Thematic Research, ERShares incorporates a macro-economic, top-down approach that integrates changing investment flows, innovation entry points, sector growth and other characteristics into a dynamic, global perspective model.
In addition to evaluating 55,000+ global public companies for entrepreneurial characteristics, ERShares exploits state-of-the-art machine learning techniques to develop a more sophisticated assessment of targeted investments. The net result helps them maintain an edge in delivering their one-of-a-kind, proprietary, alpha-generating, Entrepreneur Factor (EF). ERShares’ research, developed at Harvard University, has been widely disseminated in leading investment journals around the world and has surpassed independent peer review. This proprietary research and ERShares’ long standing position as one of the first (if not the first) thematic investment managers (established in 2005), enables them to maintain their leadership status within the community of disruptive, innovative and Entrepreneurial investment strategies.
Many of the ERSX portfolio companies experience unique cost efficiencies and demand explosions, through disruptive innovation adjustments in their respective industries. The ERSX ETF exploits these demand expansions/cost utilizations through its investment methodology applied across a multitude of industrial sectors though typically has a penchant to concentrate primarily on sectors within Information Technology, HealthCare, Communication Services and Consumer Discretionary. Portfolio constituents include world-class entrepreneurs who drive disruptive innovation and wealth creation in emerging growth companies. Leadership cohorts often include relatively unknown international entrepreneurs who represent the next generation of exceptional global leaders.
Joel Shulman, founder of ERShares, is a global asset manager that has successfully managed professional assets for ultra-high net worth, pension funds and other institutional investors for 15+ years. He is a frequent contributor to major news networks and print media commenting on Market issues. In addition to ERSX, ERShares also offers another ETF (ENTR), separately managed accounts and several mutual funds.
| Segment | Equity: Global Ex-U.S. Broad Thematic |
| Category | Sector |
| Focus | Theme |
| Niche | Broad Thematic |
| Strategy | Active |
| Weighting Scheme | Proprietary |
This section compares how balanced and deep this ETF is relative to its peers.
| ERSX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 131 | 491 | 85 |
| % of Assets in Top 10 | 27.75% | 22.14% | 36.11% |
| % of Assets in Top 15 | 33.66% | 26.50% | 47.21% |
| % of Assets in Top 50 | 65.86% | 45.05% | 82.94% |
| ERSX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 9.90% | 2.26% | 36.96% |
| Mid (>2.7B) | 41.28% | 36.29% | 32.10% |
| Small (>600M) | 28.57% | 38.74% | 18.76% |
| Micro (<600M) | 6.52% | 9.31% | 3.58% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| ERSX | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 3.99 | $ 0.25 | $ 2.00 |
| Dividend Date | 2021-12-21 | N/A | N/A |
| Annual Dividend Rate | N/A | $ 0.81 | $ 0.10 |
| Annual Dividend Yield | N/A | 1.99% | 0.58% |
View charts featuring ERSX price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: -382.2 K 6 Month Net Flows: -382.2 K 1 Year Net Flows: -1.02 M 3 Year Net Flows: 3.23 M 5 Year Net Flows: 17 M 10 Year Net Flows: 17 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -313.5 KThe adjacent table gives investors an individual Realtime Rating for ERSX 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 ETF Database Pro members, shows the ETF in the Small Cap Blend Equities 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| ERSX |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -3.41% | -2.46% | -2.87% |
| 3 Month Return | -2.75% | -10.00% | 0.04% |
| YTD Return | 1.78% | -4.03% | 4.84% |
| 1 Year Return | -8.57% | -10.58% | -4.96% |
| 3 Year Return | -2.06% | 7.24% | -1.03% |
| 5 Year Return | N/A | 1.69% | 0.00% |
The following charts reflect the geographic spread of ERSX's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 50.33% |
| Asia Pacific | 23.28% |
| Other | 13.85% |
| Europe | 12.52% |
| Country | Percentage |
|---|---|
| United States | 20.83% |
| Other | 13.85% |
| Canada | 12.38% |
| Australia | 9.27% |
| China | 7.45% |
| United Kingdom | 6.23% |
| Sweden | 5.11% |
| Japan | 4.2% |
| Hong Kong | 4.14% |
| Israel | 4.07% |
| Singapore | 2.96% |
| Switzerland | 2.62% |
| Belgium | 1.44% |
| Cayman Islands | 1.27% |
| Bermuda | 1.22% |
| Ireland | 1.11% |
| Cambodia | 0.65% |
| Denmark | 0.52% |
| Spain | 0.45% |
| Germany | 0.21% |
The following charts reflect the allocation of ERSX's underlying holdings.
| Sector | Percentage |
|---|---|
| Technology Services | 27.55% |
| CASH | 13.85% |
| Health Technology | 12.41% |
| Finance | 11.75% |
| Electronic Technology | 6.04% |
| Consumer Non-Durables | 5.27% |
| Process Industries | 3.6% |
| Consumer Services | 3.37% |
| Energy Minerals | 2.56% |
| Retail Trade | 2.46% |
| Industrial Services | 2.37% |
| Producer Manufacturing | 2.13% |
| Commercial Services | 2.11% |
| Consumer Durables | 1.83% |
| Non-Energy Minerals | 1.78% |
| Health Services | 0.49% |
| Distribution Services | 0.41% |
| Market Cap | Percentage |
|---|---|
| Mid | 41.28% |
| Small | 28.57% |
| Large | 9.9% |
| Micro | 6.52% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 78.03% |
| CASH | 13.85% |
| American Depositary Receipt | 8.1% |
| Sector | Percentage |
|---|---|
| Technology Services | 27.55% |
| CASH | 13.85% |
| Health Technology | 12.41% |
| Finance | 11.75% |
| Electronic Technology | 6.04% |
| Consumer Non-Durables | 5.27% |
| Process Industries | 3.6% |
| Consumer Services | 3.37% |
| Energy Minerals | 2.56% |
| Retail Trade | 2.46% |
| Industrial Services | 2.37% |
| Producer Manufacturing | 2.13% |
| Commercial Services | 2.11% |
| Consumer Durables | 1.83% |
| Non-Energy Minerals | 1.78% |
| Health Services | 0.49% |
| Distribution Services | 0.41% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 148.06% |
| 20 Day Volatility | 14.47% |
| 50 Day Volatility | 14.37% |
| 200 Day Volatility | 16.05% |
| Beta | 1.05 |
| Standard Deviation | 0.63% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
A fact sheet is not available for this ETF. Please visit the ERSX ETF home page for more information.
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