SURE: ADVISORSHARES INSIDER ADVANTAGE ETF
What this ETF is trying to do
The ADVISORSHARES INSIDER ADVANTAGE ETF (ticker: SURE) 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. Based on its top holdings, the fund includes companies like Kforce Inc, Marvell Technology Inc, and Amplitude Inc Class A. This list is partial, meaning there are more companies in the fund than those shown here.
What the numbers show
The data shows that the share price of SURE has grown significantly over different time periods.
• Year-to-Date (YTD): The price return is approximately 16.47%.
• One Year: The share-price change (price return) was approximately 22.04%. When you include distributions, the one-year total return was approximately 23.26%.
• Three Years: The share-price change was approximately 57.24%, while the three-year total return was approximately 61.64%.
To understand how the price has moved, we can look at an estimated price from roughly one year ago, which was $121.61, compared to the current price of $148.41.
Income and distribution explanation
This ETF provides some cash to investors through distributions. The current distribution yield is approximately 0.87%. It is important to remember that the distribution yield is not the same as total return; it simply describes the cash paid out relative to the ETF's price.
The data shows that distributions for this fund are "irregular" or "less frequent." In the last 12 months, there was only one payout. Because the frequency is irregular, investors should not expect a steady monthly or quarterly check.
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, 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." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Price Growth: The fund has shown significant positive price returns over the last year and three years.
• Positive Total Returns: The total return figures are higher than the price-only returns, showing that distributions have added to the overall value.
• Low Erosion Risk: The data indicates no detected price erosion.
Cons
• Irregular Income: Because the distribution frequency is irregular, it may be difficult for investors who rely on steady cash flow.
• Lower Yield: The distribution yield is relatively low at approximately 0.87%.
Beginner takeaway
The SURE ETF has shown strong growth in its share price over the last several years. While it does pay distributions, they do not happen on a regular schedule. When looking at this ETF, it is helpful to distinguish between the price return (how much the share price moved) and the total return (which includes the distributions paid out).
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | KFORCE INC | KFRC | 1.64% |
| 2 | MARVELL TECHNOLOGY INC | MRVL | 1.62% |
| 3 | AMPLITUDE INC CLASS A | AMPL | 1.60% |
| 4 | FORTINET INC | FTNT | 1.58% |
| 5 | MARATHON PETROLEUM CORP | MPC | 1.46% |
| 6 | EVERQUOTE INC CLASS A | EVER | 1.41% |
| 7 | FRESHWORKS INC ORDINARY SHARES CLASS A | FRSH | 1.38% |
| 8 | IRIDIUM COMMUNICATIONS INC | IRDM | 1.37% |
| 9 | APPLIED MATERIALS INC | AMAT | 1.34% |
| 10 | SEZZLE INC | SEZL | 1.33% |