About CSM ETF
ETF Name: ProFunds Group Large Cap ETF (CSM)
Sector: CSM has invested in Technology (20%), Consumer Cyclical (14%), Financials (14%), Industrials (11%), and Healthcare (11%).
Geography: CSM has invested 100% of its assets in the US.
Fund Manager Name: ProFunds Group
ETF Description: CSM differs large-cap segment peers by including short equity exposure. It ranks each stock based on the a quantitative 10-factor model, which looks at a stock's traditional and relative value, historical and expected growth, momentum and size. It then assigns weights that add up to 130% long and 30% short positions that is total 100% market exposure with significant mid cap tilt.
What ETFdb says about it: When done right, this strategy can provide investors will solid returns while at the same time taking out some of the overall volatility of a portfolio
Why is that Kristal there: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team CSM trades in decent volumes, with significant spreads. Underlying liquidity is very good, and investors looking to deal in high volume should be able to get good execution. CSM charges a low fee for its segment with decent tracking. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Fund Manager Description: Founded in 1997, ProFunds Group has been at the forefront of ETF with more than $31 billion in assets. The company provides ETF in strategies such as dividend growth, alternative and geared (leveraged and inverse).
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