ITAN: SPARKLINE INTANGIBLE VALUE ETF
ETF Education Report: SPARKLINE INTANGIBLE VALUE ETF (ITAN)
What this ETF is trying to do
The SPARKLINE INTANGIBLE VALUE ETF (ticker: ITAN) is an exchange-traded fund listed on the NYSE. While the specific investment strategy isn't detailed in the data, it holds a variety of different companies. This list of Top Holdings is partial, meaning it only shows the largest companies in the fund:
• AMAZON.COM INC (5.04%)
• INTEL CORP (3.01%)
• CISCO SYSTEMS INC (1.99%)
• INTERNATIONAL BUSINESS MACHINES CORP (1.99%)
• QUALCOMM INC (1.93%)
• SALESFORCE INC (1.77%)
• MERCK & CO INC (1.76%)
• AT&T INC (1.57%)
• DELL (1.56%)
• VERIZON COMMUNICATIONS INC (1.49%)
Please note that holdings can change over time.
What the numbers show
It is important to understand the difference between "price return" and "total return." Price return only tracks how much the share price moves. Total return includes both the price movement and any cash distributions paid out.
• Year-to-Date (YTD): The price return is approximately 20.97%, while the total return is approximately 21.60%.
• One-Year: The price return was approximately 28.37%, and the total return was approximately 29.91%.
• Three-Year: The price return was approximately 89.50%, and the total return was approximately 96.27%.
To give you an idea of price movement, the estimated price from roughly one year ago was $34.90. The current price is $44.80.
Income and distribution explanation
This ETF pays out cash to investors, known as distributions. The distribution yield is approximately 0.98%. This number describes the cash paid out relative to the ETF's price. The fund usually pays these out quarterly, with 4 payouts recorded over the last 12 months.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly. StockValueFinder uses an "erosion-risk score" to measure this risk. For ITAN, the erosion score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this ETF.
Pros
• The fund has shown positive price returns and total returns over the one-year and three-year periods.
• The erosion-risk measurement is rated as "good."
Cons
• The distribution yield (the cash income) is relatively low at approximately 0.98%.
Beginner takeaway
When looking at this ETF, remember that price returns and total returns are different. The total return is a more complete picture because it includes the cash distributions. Also, while some investors look for high yields (high distribution yields), a high yield does not guarantee that the share price will stay stable. In this case, the fund has shown both price growth and positive total returns over the last three years.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | AMAZON.COM INC | AMZN | 5.28% |
| 2 | INTEL CORP | INTC | 3.54% |
| 3 | CISCO SYSTEMS INC | CSCO | 2.16% |
| 4 | QUALCOMM INC | QCOM | 1.89% |
| 5 | INTERNATIONAL BUSINESS MACHINES CORP | IBM | 1.80% |
| 6 | MERCK & CO INC | MRK | 1.76% |
| 7 | n/a | DELL | 1.67% |
| 8 | SALESFORCE INC | CRM | 1.58% |
| 9 | PFIZER INC | PFE | 1.47% |
| 10 | AT&T INC | T | 1.46% |