DEEP: ACQUIRERS SMALL AND MICRO DEEP VALUE ETF
What this ETF is trying to do
The ACQUIRERS SMALL AND MICRO DEEP VALUE ETF (ticker: DEEP) is an exchange-traded fund listed on the NYSE. This ETF focuses on finding "deep value" in small and micro-sized companies. It holds a variety of different stocks to carry out this strategy.
What the numbers show
The data shows that DEEP has experienced growth in both its share price and its total return. It is important to know the difference between these two: price return only tracks how much the share price moves, while total return includes both price changes and the money paid out through distributions.
Here is a breakdown of the performance:
• Year-to-Date (YTD): The price return is approximately 17.02%, while the total return is approximately 18.68%.
• One-Year: The price return is approximately 18.77%, while the total return is approximately 21.53%.
• Three-Year: The price return is approximately 28.35%, while the total return is approximately 36.48%.
• Five-Year: The total return is approximately 27.68%.
To visualize the price change, an investor could look at the estimated price from roughly one year ago, which was $35.30, compared to the current price of $41.92.
Income and distribution explanation
DEEP provides cash distributions to investors. The distribution yield is approximately 2.10%. This number describes the cash payments relative to the current ETF price. The fund usually pays out on a quarterly basis, with 4 payments recorded over 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.
However, looking at price-based evidence, 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 present.
Top Holdings
The following are some of the top holdings in the portfolio. Please note that this is a partial list and holdings can change over time:
• BLUELINX HOLDINGS INC (1.10%)
• KOHL'S CORP (1.09%)
• CALERES INC (1.08%)
• ALPHA METALLURGICAL RESOURCES INC (1.07%)
• SALLY BEAUTY HOLDINGS INC (1.07%)
• BUILD-A-BEAR WORKSHOP INC (1.06%)
• BLOOMIN BRANDS INC (1.05%)
• PHOTRONICS INC (1.05%)
• WINNEBAGO INDUSTRIES INC (1.05%)
• AMC GLOBAL MEDIA INC CLASS A (1.04%)
Pros and Cons
Pros:
• The fund has shown positive price returns over the one-year and three-year periods.
• The total return is higher than the price return, meaning distributions have added value to the overall performance.
• The erosion-risk measurements suggest no significant price deterioration has been detected.
Cons:
• As a fund focused on small and micro-cap companies, it may behave differently than larger, more established funds.
• The list of holdings provided is only a partial view of the total 103 holdings.
Beginner takeaway
When researching DEEP, it is helpful to look at both the share price and the total return. While the distribution yield provides cash income, the total return gives a fuller picture of how the investment has performed by including those payments. Currently, the fund shows positive growth trends and no detected price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | BLUELINX HOLDINGS INC | BXC | 1.10% |
| 2 | KOHL'S CORP | KSS | 1.09% |
| 3 | CALERES INC | CAL | 1.08% |
| 4 | ALPHA METALLURGICAL RESOURCES INC | AMR | 1.07% |
| 5 | SALLY BEAUTY HOLDINGS INC | SBH | 1.07% |
| 6 | BUILD-A-BEAR WORKSHOP INC | BBW | 1.06% |
| 7 | BLOOMIN BRANDS INC | BLMN | 1.05% |
| 8 | PHOTRONICS INC | PLAB | 1.05% |
| 9 | WINNEBAGO INDUSTRIES INC | WGO | 1.05% |
| 10 | AMC GLOBAL MEDIA INC CLASS A | AMCX | 1.04% |