What this ETF is trying to do

SHEH is an ETF that focuses on a single company. This is called a "single-stock ETF." Most of the money in this fund is used to track the performance of Shell PLC ADR. Because it focuses so heavily on one company, its value will move closely with that stock.

Top Holdings

The fund's holdings are mostly made up of one asset:

• SHELL PLC ADR: 96.81%

• DREYFUS TREASURY SECS CASH MGMT INST: 3.19%

*(Note: Holdings can change over time.)*

What the numbers show

The current price of this ETF is $68.87. An estimated price from roughly one year ago was $51.44.

When looking at how much money an ETF makes, it is important to look at two different numbers: price return and total return.

• Price return only looks at the change in the share price.

• Total return includes the share price change plus any cash distributions (payouts) you received.

For this ETF, the one-year price return was 33.87%. However, the one-year total return was higher, at 36.47%. This shows that the cash payouts added to the overall value. For the year-to-date (YTD) period, the price return was 28.64%, while the total return was 31.14%.

To visualize this, if you had $10,000 invested in the share price alone one year ago, that amount would have grown to approximately $13,387 based on the price return.

Income and distribution explanation

Some investors look for "distributions," which are cash payments made by the ETF. This ETF has a distribution yield of 1.77%. In the last 12 months, it made two payouts. The frequency is described as "irregular," meaning the payments do not happen on a regular, predictable schedule.

NAV erosion explanation

"NAV erosion" is a term used when the value of the underlying assets in an ETF drops significantly over time. StockValueFinder uses an erosion-risk score to measure this risk. For SHEH, the erosion score is 100, and the label is "No price erosion detected." This means the erosion-risk is considered good. There is no severe erosion-risk flag for this ETF.

Pros

• The ETF has shown strong positive returns for both price and total return over the last year.

• The total return is higher than the price return, meaning distributions added value to the investment.

• No price erosion was detected.

Cons

• Because this is a single-stock ETF, it is very dependent on the performance of one company.

• Distributions are irregular and do not happen frequently.

Beginner takeaway

When studying this ETF, remember that the share price and the total return are different numbers. The total return is often more helpful because it includes the cash payouts you receive. Also, since this fund tracks a single stock, its performance will be tied very closely to that specific company.