 The
Validea Market Legends ETF is an exchange-traded fund that seeks to
provide investors with exposure to U.S. stocks that meet specific
investment criteria based on the strategies of some of the most
successful investors in history. The fund is managed by Validea
Capital Management, a subsidiary of Validea, a firm that uses
quantitative models based on historical stock market data to analyze
and select stocks.
As of September 2021, the VALX ETF had a net
asset value of approximately $219 million and held over 100 individual
stocks. The fund's portfolio is diversified across multiple sectors,
with a focus on large-cap U.S. stocks that meet specific investment
criteria based on the strategies of investors such as Warren Buffett,
Peter Lynch, and Benjamin Graham.
The VALX ETF is designed to
provide investors with a way to potentially benefit from the
investment strategies of some of the most successful investors in
history while also diversifying their portfolio. However, investors
should be aware that investing in stocks carries its own set of risks,
including market risk and volatility.
The expense ratio for the
VALX ETF is 0.79%, which is higher than the expense ratios of some
other actively managed equity funds. This may make the VALX ETF a less
attractive option for investors seeking exposure to U.S. stocks based
on specific investment strategies at a low cost.
Overall, the
Validea Market Legends ETF may be a suitable investment for investors
seeking exposure to U.S. stocks that meet specific investment criteria
based on the strategies of successful investors. However, as with any
investment, it is important to conduct your own research and consider
your investment goals and risk tolerance before investing in the fund.
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