OLD The Long-Term Care ETF

Invest in longevity and the aging population

NAV
$29.51
As of 12/13/2019

1-Day Change
-$0.08 (-0.27%)
As of 12/13/2019

YTD Return
19.19%
As of 12/13/2019

30-Day SEC Yield
3.17%
As of 11/30/2019

Overview

ETF OBJECTIVE

The Long-Term Care ETF (OLD) seeks investment results that correspond generally, before fees and expenses, to the performance of the Solactive Long-Term Care Index.

ABOUT THIS ETF

Thematic ETFs provide investors with the opportunity to invest in companies that may benefit from the transformational forces changing our future. The Long-Term Care ETF seeks exposure to companies globally that are positioned to profit from providing long-term care to the aging population. These include companies owning or operating senior living facilities, nursing services, specialty hospitals or senior housing, as well as biotech companies for age-related illnesses and companies that sell products and services to such facilities.

WHY INVEST IN THIS ETF

We are Living Longer
An almost fourfold increase is predicted in the population aged 85 and over from 2010 to 2050 – from 5.5 million to 19 million.
U.S. Census Bureau 5/2010

Long-Term Care Poised to be an Economic Driver
The size and scope of the U.S. long-term care market is substantial, projected to reach $550 billion by 2024.
Research and Markets, 2017

Targeted Thematic Exposure
The strategy provides investors with the opportunity to invest in companies globally that are positioned to profit from providing long-term care to the aging population.

THEMATIC ETFs

OLD | ORG | SLIM

Thematic investing goes beyond trendspotting to identify those transformative forces that could permanently alter our lives and behaviors, creating investment opportunities- opportunities that come from a new future shaped by meaningful change.

Performance

RETURNS (%) (As of 09/30/2019)
NAV Market Price Solactive Long-Term Care Index MSCI All Country World Index℠
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(06/08/2016)
NAV 7.69% 23.92% 17.33% 7.94% - - 8.65%
Market Price 8.39% 24.26% 18.70% 7.85% - - 8.88%
Solactive Long-Term Care Index 7.79% 24.18% 17.71% 8.42% - - 9.14%
MSCI All Country World Index℠ -0.03% 16.20% 1.38% 9.71% 6.65% 8.35% 9.66%
RETURNS (%) (As of 11/30/2019)
NAV Market Price Solactive Long-Term Care Index MSCI All Country World Index℠
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(06/08/2016)
NAV 0.26% 22.67% 13.67% 13.05% - - 7.90%
Market Price -0.68% 22.25% 13.21% 12.61% - - 7.93%
Solactive Long-Term Care Index 0.38% 23.04% 14.03% 13.55% - - 8.39%
MSCI All Country World Index℠ 7.46% 22.29% 13.68% 11.95% 7.24% 8.63% 10.79%

RETURNS-BASED STATISTICS (As of 10/31/2019 )

RISK / REWARD
VS. MSCI All Country World Index℠
3YR 5YR
Information Ratio -0.03 -
Alpha 6.94 -
Tracking Error 14.94 -
Beta 0.40 -
R-squared (%) 10.24 -
UP/DOWN MARKET CAPTURE (%)
VS. MSCI All Country World Index℠
3YR 5YR
Up Capture Ratio 50.88 -
Down Capture Ratio 9.50 -
STANDARD DEVIATION 3YR 5YR
OLD - The Long-Term Care ETF 14.05 -
MSCI All Country World Index℠ 11.27 11.75
SHARPE RATIO 3YR 5YR
OLD - The Long-Term Care ETF 0.66 -
MSCI All Country World Index℠ 0.87 0.52

FREQUENCY DISTRIBUTION OF PREMIUMS AND DISCOUNTS

Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 0 0 35 18 0 0
Percent of Total Days 0.00% 0.00% 0.00% 0.00% 0.00% 66.04% 33.96% 0.00% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 2 0 18 34 10 0
Percent of Total Days 0.00% 0.00% 0.00% 3.13% 0.00% 28.13% 53.13% 15.63% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 2 27 2 30 2 0 0
Percent of Total Days 0.00% 0.00% 3.17% 42.86% 3.17% 47.62% 3.17% 0.00% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 11 0 14 23 13 0
Percent of Total Days 0.00% 0.00% 0.00% 18.03% 0.00% 22.95% 37.70% 21.31% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 2 28 3 13 12 5 0
Percent of Total Days 0.00% 0.00% 3.17% 44.44% 4.76% 20.63% 19.05% 7.94% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 2 55 0 6 0 0 0
Percent of Total Days 0.00% 0.00% 3.17% 87.30% 0.00% 9.52% 0.00% 0.00% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 4 37 6 16 0 0 0
Percent of Total Days 0.00% 0.00% 6.25% 57.81% 9.38% 25.00% 0.00% 0.00% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 2 12 37 1 7 1 1 0
Percent of Total Days 0.00% 3.28% 19.67% 60.66% 1.64% 11.48% 1.64% 1.64% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 1 7 34 0 19 2 0 0
Percent of Total Days 0.00% 1.59% 11.11% 53.97% 0.00% 30.16% 3.17% 0.00% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 0 0 24 37 2 0
Percent of Total Days 0.00% 0.00% 0.00% 0.00% 0.00% 38.10% 58.73% 3.17% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 0 0 4 47 10 2
Percent of Total Days 0.00% 0.00% 0.00% 0.00% 0.00% 6.35% 74.60% 15.87% 3.17%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 22 12 28 0 0 0
Percent of Total Days 0.00% 0.00% 0.00% 35.48% 19.35% 45.16% 0.00% 0.00% 0.00%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 10 3 4 23 6 11 6
Percent of Total Days 0.00% 0.00% 15.87% 4.76% 6.35% 36.51% 9.52% 17.46% 9.52%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 4 4 15 37 3 1
Percent of Total Days 0.00% 0.00% 0.00% 6.25% 6.25% 23.44% 57.81% 4.69% 1.56%
Market price below NAV Market price equal to NAV Market price above NAV
Percent of Difference < -1.50 -1.49 to -1.00 -0.99 to -0.50 -0.49 to -0.01 0 0.01 to 0.49 0.50 to 0.99 1.00 to 1.49 > 1.50
Number of Days 0 0 0 0 0 5 2 1 8
Percent of Total Days 0.00% 0.00% 0.00% 0.00% 0.00% 31.25% 12.50% 6.25% 50.00%
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
09/30/201910/01/201910/04/2019$0.141091$0.000000$0.000000$0.141091
06/28/201907/01/201907/05/2019$0.134878$0.000000$0.000000$0.134878
03/29/201904/01/201904/04/2019$0.090458$0.000000$0.000000$0.090458
12/20/201812/21/201812/27/2018$0.22246$0.000000$0.000000$0.22246
09/28/201809/28/201809/28/2018$0.122581$0.000000$0.000000$0.122581
06/29/201807/02/201807/06/2018$0.117855$0.000000$0.000000$0.117855
03/29/201804/02/201804/05/2018$0.115151$0.000000$0.000000$0.115151
12/22/201712/26/2017 12/29/2017$0.195400$0.000000$0.000000$0.195400
09/29/201710/02/201710/05/2017$0.158562$0.000000$0.000000$0.158562
06/30/201707/05/201707/07/2017$0.099129$0.000000$0.000000$0.099129
03/31/201704/04/201704/06/2017 $0.259132$0.000000$0.000000 $0.259132
12/23/201612/28/201612/30/2016$0.260359$0.000000$0.000000$0.260359
9/30/201610/4/201610/6/2016$0.224181$0.000000$0.000000$0.224181
06/30/201607/05/2016 07/07/2016$0.034425$0.000000$0.000000$0.034425

Portfolio

Index represents the Solactive Long-Term Care Index.

(As of 12/13/2019)
% of Fund
Welltower Inc 17.06
Ventas Inc 11.04
Healthpeak Properties Inc 8.47
Omega Healthcare Investors Inc 4.92
Ryman Healthcare Ltd 4.44
Amedisys Inc 4.41
LHC Group Inc 4.15
Orpea 3.64
National Health Investors Inc 3.45
Aedifica SA 3.36
View full holdings
Portfolio Characteristics (As of 12/13/2019)
 
Number of Holdings
Equity Issues
49
Market Capitalization
Weighted Average
$11.31B
Portfolio Turnover Rate
(1-year trailing)
12.08%
Price/Earnings Ratio
(1-year forward)
31.74
Price/Book Ratio
(1-year forward)
2.76
Earnings Growth Rate
(1-year forward)
0.72%

Sector Allocation % OF FUND % OF FUND (As of 12/13/2019)
Real Estate 60.20
Health Care 37.68
Industrials 2.05
Cash & Equivalents 0.07
Regional Allocations % OF FUND % OF FUND (As of 12/13/2019)
North America 75.28
Europe 11.46
Asia/Pacific Ex Japan 9.43
Japan 3.47
Africa/Mideast 0.29
Cash & Equivalents 0.07
MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS % OF FUND % OF FUND (As of 12/13/2019)
$10B to $50B 36.56
$5B to $10B 17.42
$1B to $5B 35.60
$500M to $1B 7.95
$250M to $500M 1.65
$100M to $250M 0.67
Under $100M 0.08
Cash & Equivalents 0.07
Developed VS Emerging Markets % OF FUND % OF FUND (As of 12/13/2019)
U.S. 70.91
Non-U.S. Developed 29.02
Cash & Equivalents 0.07

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