SLIM The Obesity ETF

Invest in the battle against obesity

NAV
$37.07
As of 11/21/2019

1 Day Change
-$0.23 (-0.62%)
As of 11/21/2019

YTD Return
16.57%
As of 11/21/2019

30 Day SEC Yield
0.56%
As of 10/31/2019

Overview

ETF OBJECTIVE

The Obesity ETF (SLIM) seeks investment results that correspond generally, before fees and expenses, to the performance of the Solactive Obesity 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 Obesity ETF seeks exposure to companies globally that could benefit as they fight the global obesity epidemic. Such companies could include biotechnology, pharmaceutical, health care and medical device companies focused on obesity and obesity-related disease such as diabetes, high blood pressure, cholesterol, heart disease, stroke and sleep apnea. The ETF also includes companies focused on weight-loss programs, supplements and plus-size apparel.

WHY INVEST IN THIS ETF

Humans Are Getting Heavier

Obesity rates are predicted to steadily increase until 2030. Global obesity levels are expected to be highest in the United States, Mexico and England, where 47%, 39% and 35% of the population, respectively, are projected to be obese by 2030.
OECD Analysis of National Health Survey Data. As of 2017.

Rising Costs Spurring Action

As obesity and overweight levels rise, so do the enormous direct and indirect medical expenditures for treatment and prevention which globally are estimated at $2 trillion annually – creating increased pressure to tackle the issue.
National Center for Weight & Wellness at George Washington University and the McKinsey Global Institute 4/2015.

Targeted Thematic Exposure

The strategy provides investors with the opportunity to invest in companies globally that could benefit as they fight the global obesity epidemic.

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 Obesity Index MSCI All Country World Index℠
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(06/08/2016)
NAV -1.94% 6.13% -11.14% 11.76% - - 9.78%
Market Price -1.43% 5.35% -11.64% 11.93% - - 9.73%
Solactive Obesity Index -1.87% 6.34% -10.89% 12.16% - - 10.16%
MSCI All Country World Index℠ -0.03% 16.20% 1.38% 9.71% 6.65% 8.35% 9.66%
RETURNS (%) (As of 10/31/2019)
NAV Market Price Solactive Obesity Index MSCI All Country World Index℠
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(06/08/2016)
NAV 3.25% 10.98% 4.13% 16.88% - - 10.97%
Market Price 2.23% 9.29% 3.40% 17.02% - - 10.67%
Solactive Obesity Index 3.30% 11.21% 4.43% 17.30% - - 11.35%
MSCI All Country World Index℠ 2.41% 19.38% 12.59% 11.33% 7.08% 8.81% 10.28%

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

RISK / REWARD
VS. MSCI All Country World Index℠
3YR 5YR
Information Ratio 0.48 -
Alpha 8.22 -
Tracking Error 11.43 -
Beta 0.76 -
R-squared (%) 37.57 -
UP/DOWN MARKET CAPTURE (%)
VS. MSCI All Country World Index℠
3YR 5YR
Up Capture Ratio 106.34 -
Down Capture Ratio 65.30 -
STANDARD DEVIATION 3YR 5YR
SLIM - The Obesity ETF 14.07 -
MSCI All Country World Index℠ 11.27 11.75
SHARPE RATIO 3YR 5YR
SLIM - The Obesity ETF 1.09 -
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 2 5 20 14 2 19 1 1 0
Percent of Total Days 3.13% 7.81% 31.25% 21.88% 3.13% 29.69% 1.56% 1.56% 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 15 35 2 7 1 1 0
Percent of Total Days 0.00% 3.17% 23.81% 55.56% 3.17% 11.11% 1.59% 1.59% 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 19 1 17 10 0 0
Percent of Total Days 0.00% 3.28% 19.67% 31.15% 1.64% 27.87% 16.39% 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 1 2 7 15 2 25 8 3 0
Percent of Total Days 1.59% 3.17% 11.11% 23.81% 3.17% 39.68% 12.70% 4.76% 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 1 11 1 29 15 5 1
Percent of Total Days 0.00% 0.00% 1.59% 17.46% 1.59% 46.03% 23.81% 7.94% 1.59%
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 15 0 27 15 5 2
Percent of Total Days 0.00% 0.00% 0.00% 23.44% 0.00% 42.19% 23.44% 7.81% 3.13%
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 3 6 17 0 20 8 2 5
Percent of Total Days 0.00% 4.92% 9.84% 27.87% 0.00% 32.79% 13.11% 3.28% 8.20%
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 18 5 10 12 1 9 5 1 0
Percent of Total Days 28.57% 7.94% 15.87% 19.05% 1.59% 14.29% 7.94% 1.59% 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 55 8 0 0 0 0 0 0 0
Percent of Total Days 87.30% 12.70% 0.00% 0.00% 0.00% 0.00% 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 55 0 5 3 0 0 0 0 0
Percent of Total Days 87.30% 0.00% 7.94% 4.76% 0.00% 0.00% 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 25 25 11 1 0 0 0 0 0
Percent of Total Days 40.32% 40.32% 17.74% 1.61% 0.00% 0.00% 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 10 39 10 3 0 0 0 0 0
Percent of Total Days 15.87% 61.90% 15.87% 4.76% 0.00% 0.00% 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 2 2 5 45 1 8 0 0 0
Percent of Total Days 3.17% 3.17% 7.94% 71.43% 1.59% 12.70% 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 2 7 2 5 0 0 0
Percent of Total Days 0.00% 0.00% 12.50% 43.75% 12.50% 31.25% 0.00% 0.00% 0.00%
DISTRIBUTION OVERVIEW
Ex-DateRecord DatePayable DateOrdinary IncomeShort-Term Capital GainsLong-Term Capital GainsTotal Distribution
09/30/201910/01/201910/04/2019$0.051801$0.000000$0.000000$0.051801
06/28/201907/01/201907/05/2019$0.071242$0.000000$0.000000$0.071242
03/29/201904/01/201904/04/2019$0.091706$0.000000$0.000000$0.091706
12/20/2018 12/21/2018 12/27/2018 $0.00684 $0.000000$0.000000$0.00684
09/28/201810/01/201810/04/2018$0.057461$0.000000$0.000000$0.057461
06/29/201807/02/201807/06/2018$0.006643$0.000000$0.000000$0.006643
03/29/201804/02/201804/05/2018$0.072868$0.000000$0.000000$0.072868
12/22/201712/26/201712/29/2017$0.014190$0.000000$0.000000$0.014190
09/29/201710/02/201710/05/2017$0.038727$0.000000$0.000000$0.038727
06/30/201707/05/201707/07/2017$0.025944$0.000000$0.000000$0.025944
03/31/201704/04/201704/06/2017$0.095735$0.000000$0.000000$0.095735
12/23/2016 12/28/201612/30/2016$0.005050 $0.000000$0.000000$0.005050
09/30/201610/04/201610/06/2016$0.048906$0.000000$0.000000$0.048906
06/30/201607/05/201607/07/2016$0.008136$0.000000$0.000000$0.008136

Portfolio

Index represents the Solactive Obesity Index.

(As of 11/20/2019)
% of Fund
Novo Nordisk A/S 18.97
ResMed Inc (CDI) 10.16
DexCom Inc 9.49
Fresenius Medical Care AG & Co KGaA 7.40
DaVita Inc 5.19
Insulet Corp 5.15
Herbalife Nutrition Ltd 4.68
Fisher & Paykel Healthcare Corp Ltd 4.54
Tandem Diabetes Care Inc 4.50
ABIOMED Inc 4.34
View full holdings
Portfolio Characteristics (As of 11/20/2019)
 
Number of Holdings
Equity Issues
40
Market Capitalization
Weighted Average
$33.28B
Portfolio Turnover Rate
(1-year trailing)
19.26%
Price/Earnings Ratio
(1-year forward)
41.48
Price/Book Ratio
(1-year forward)
10.46
Earnings Growth Rate
(1-year forward)
5.34%

Sector Allocation % OF FUND % OF FUND (As of 11/20/2019)
Health Care 89.49
Consumer Staples 7.12
Consumer Discretionary 3.47
Cash & Equivalents -0.08
Regional Allocations % OF FUND % OF FUND (As of 11/20/2019)
North America 63.92
Europe 27.13
Asia/Pacific Ex Japan 6.77
Japan 2.19
Africa/Mideast 0.07
Cash & Equivalents -0.08
MARKET CAPITALIZATION RANGE OF EQUITY HOLDINGS % OF FUND % OF FUND (As of 11/20/2019)
Over $100B 18.98
$10B to $50B 32.23
$5B to $10B 18.75
$1B to $5B 21.38
$500M to $1B 5.94
$250M to $500M 1.32
$100M to $250M 1.25
Under $100M 0.23
Cash & Equivalents -0.08
Developed VS Emerging Markets % OF FUND % OF FUND (As of 11/20/2019)
U.S. 63.76
Non-U.S. Developed 35.34
Non-U.S. Emerging 0.98
Cash & Equivalents -0.08

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