EA BRIDGEWAY BLUE CHIP ETF (BBLU) Report

What this ETF is trying to do

The EA BRIDGEWAY BLUE CHIP ETF (ticker: BBLU) is an exchange-traded fund that focuses on "blue chip" companies. These are typically large, well-known companies. Based on its top holdings, the fund invests in major names across different industries, such as technology, finance, and healthcare.

What the numbers show

The current price of BBLU is $17.29. Looking at historical performance, we can see how the share price and total returns have moved:

• Year-to-Date (YTD): The price return is approximately 13.30%. The total return is also approximately 13.30%.

• One-Year: The price return was approximately 14.94%, while the total return was approximately 16.39%.

• Three-Year: The price return was approximately 81.45%, while the total return was approximately 89.47%.

It is important to know the difference between these numbers. The price return only shows how much the share price changed. The total return includes both the price change and any distributions (cash payments) made to investors.

An estimated price from roughly one year ago was $15.04.

Income and distribution explanation

BBLU provides a distribution yield of approximately 1.11%. This represents the cash distributions relative to the ETF's price. The trailing distributions are approximately $0.19.

The fund has an income rating grade of "B." However, investors should note that the distribution frequency is described as "irregular" or "less frequent," with only one payout counted in the last 12 months.

NAV erosion explanation

"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

Regarding price erosion (the decline in the market price of the shares), the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag.

Top Holdings

The following are the top holdings in the portfolio (note that this is a partial list):

• NVIDIA CORP: 4.16%

• ADVANCED MICRO DEVICES INC: 4.07%

• PALANTIR TECHNOLOGIES INC: 3.81%

• APPLE INC: 3.75%

• JPMORGAN CHASE & CO: 3.66%

• BROADCOM INC: 3.56%

• MICROSOFT CORP: 3.30%

• META PLATFORMS INC: 3.09%

• UNITEDHEALTH GROUP INC: 3.06%

• CISCO SYSTEMS INC: 2.94%

Pros

• The fund has shown positive price returns over the one-year and three-year periods.

• The erosion-risk measurements suggest no significant price erosion has been detected.

Cons

• The distribution frequency is irregular and less frequent rather than a steady monthly or quarterly schedule.

Beginner takeaway

BBLU tracks large companies and has shown growth in both share price and total return over the last three years. While it pays a distribution, the payments are not frequent. Always remember that a high yield is not the same as total return, and price performance can change over time.