ORR: MILITIA LONG/SHORT EQUITY ETF
ETF Education Report: MILITIA LONG/SHORT EQUITY ETF (ORR)
What this ETF is trying to do
The MILITIA LONG/SHORT EQUITY ETF (ticker: ORR) is an exchange-traded fund listed on the NASDAQ. Based on its name, it uses a "long/short" strategy, which typically means it may invest in some stocks expecting them to go up while also betting against others. This ETF holds a variety of different assets, including companies like Amazon and Alphabet.
What the numbers show
The current price of one share is $38.20. Looking at how the price has changed over time, we can see some growth:
• Year-to-Date (YTD) Price Return: The share price has increased by approximately 11.83% since the start of the year.
• One-Year Price Return: Over the last 12 months, the share price has increased by approximately 22.64%.
Because this ETF does not pay out dividends or distributions, the "price return" (the change in the share price) is the same as the "total return" (the overall amount an investor earns). For example, if you had invested in this ETF one year ago, the estimated price from roughly one year ago was about $31.15.
Income and distribution explanation
Some investors look for ETFs that pay them regular cash, known as distributions. For this ETF, the distribution yield is 0%. No distributions have been detected in the last 12 months. This means the ETF is not currently providing cash income to shareholders.
NAV erosion explanation
"NAV erosion" refers to a situation where the value of the underlying assets in the fund decreases significantly over time. StockValueFinder uses an "erosion-risk score" to measure this risk. For ORR, the erosion score is 100, and the label indicates "No price erosion detected." The 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 this portfolio. Please note that this is a partial list and holdings can change over time:
• Other Assets and Liabilities (26.32%)
• Hikari Tsushin Inc (11.79%)
• Axos Financial Inc (7.79%)
• Amazon.com Inc (4.23%)
• Alphabet Inc Class C (4.08%)
• Energy Transfer LP (4.05%)
Pros
• The ETF has shown positive price returns both year-to-date and over the last year.
• The erosion-risk measurement is rated as "good," suggesting no detected price erosion.
Cons
• The ETF does not currently provide cash distributions or income.
• Three-year return data was not supplied, so long-term performance cannot be reviewed here.
Beginner takeaway
This ETF has experienced growth in its share price over the last year. However, it is not an income-focused fund, as it does not pay out distributions. Always remember that price returns show how the share price moves, while total returns include any cash paid out. In this specific case, they are the same because there are no distributions.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | OTHER ASSETS AND LIABILITIES | n/a | 26.32% |
| 2 | HIKARI TSUSHIN INC | n/a | 11.79% |
| 3 | AXOS FINANCIAL INC | AX | 7.79% |
| 4 | AMAZON.COM INC | AMZN | 4.23% |
| 5 | ALPHABET INC CLASS C | GOOG | 4.08% |
| 6 | ENERGY TRANSFER LP | ET | 4.05% |
| 7 | RYOHIN KEIKAKU CO LTD | n/a | 3.93% |
| 8 | GRUPO MEXICO SAB DE CV CLASS B | n/a | 3.77% |
| 9 | CAPITAL SOUTHWEST CORP | CSWC | 3.40% |
| 10 | WESTERN MIDSTREAM PARTNERS LP | WES | 3.01% |