Overview
Inception Date
12.13.2021
Type
Active Equity ETF
CUSIP
66538H229
Primary Exchange
NYSE Arca
| Ticker | Benchmark | Expense Ratio | NAV | Closing Market Price | Premium/Discount | Median Bid/Ask Spread | Fact Sheet |
|---|---|---|---|---|---|---|---|
| DEIF | Russell 1000® Index | 0.65% | $22.35 | $22.36 | 0.01% | 0.0022% |
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 888.637.7798. Total annual fund operating expenses are 0.65%. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. Market price returns are calculated using the closing price and account for distributions from the funds.
Investment Objective
Seeks long-term capital appreciation through strategies managed by sub-advisers that are majority diverse-owned (i.e., over 50% owned and/or controlled by persons of designated diverse background including women, racial minorities, LGBTQ+, veterans and disabled individuals). The fund seeks to achieve its objective by investing in U.S. large-cap and mid-cap strategies.
Philosophy
- Utilize a proprietary, quantitative-based asset allocation approach, which tests historical data to identify variables that have been predictive of asset class returns, to avoid emotional and cognitive biases that can lead to poor investment decisions
- Employ a comprehensive investment manager due diligence process to identify strategies with characteristics that are historically associated with long-term relative performance consistency
- Seek to combine complementary strategies to enhance the portfolio’s risk and return profile
Co-Portfolio Manager
Co-Portfolio Manager
Co-Portfolio Manager
Sub-Advisers to the Fund
- Boston Common Asset Management LLC – Large Cap Value Allocation
- GQG Partners LLC – Large Cap Growth Allocation
- EARNEST Partners LLC – Mid Cap Core Allocation
Performance
| Term | 1 Day | 1 Mo. | 3 Mo. | 6 Mo. | 1 Yr. | QTD | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | -0.04% | -4.04% | -2.48% | 5.21% | -11.18% | -3.37% | -3.37% | -7.21% |
| Closing Market Price | -0.09% | -4.20% | -2.56% | 5.01% | -11.11% | -3.37% | -3.37% | -9.14% |
| Term | 1 Mo. | QTR | 1 Yr. | Since Inception |
|---|---|---|---|---|
| NAV | -3.35% | 11.78% | -8.01% | -5.74% |
| Closing Market Price | -3.07% | 11.67% | -8.11% | -5.97% |
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 888.637.7798. Total annual fund operating expenses are 0.65%. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. Market price returns are calculated using the closing price and account for distributions from the funds.
Historical Premium/Discount
| Term | Cal. Yr. 2022 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 |
|---|---|---|---|---|---|
| Days at premium | 171 | 46 | 46 | 41 | 38 |
| Days at discount | 38 | 6 | 10 | 12 | 10 |
The table shows the premium or discount of the market price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range. This data is provided for information purposes only and is not intended for trading purposes. Past performance does not guarantee future results.
| Ticker | CUSIP | Description | Quantity | Portfolio Weight |
|---|---|---|---|---|
| UNH | 91324P102 | UNITEDHEALTH GRP | 5,537 | 2.91% |
| USD | USD | US DOLLARS | 2,154,576 | 2.39% |
| V | 92826C839 | VISA INC-CLASS A | 8,117 | 1.99% |
| LLY | 532457108 | ELI LILLY & CO | 5,280 | 1.98% |
| XOM | 30231G102 | EXXON MOBIL CORP | 16,292 | 1.94% |
| MSFT | 594918104 | MICROSOFT CORP | 6,232 | 1.91% |
| GOOG | 02079K107 | ALPHABET INC-C | 16,803 | 1.89% |
| MRK | 58933Y105 | MERCK & CO | 16,031 | 1.88% |
| AAPL | 037833100 | APPLE INC | 10,591 | 1.86% |
| HSY | 427866108 | HERSHEY CO/THE | 6,072 | 1.71% |
| HUM | 444859102 | HUMANA INC | 3,036 | 1.63% |
| AZN | 046353108 | ASTRAZENECA-ADR | 21,251 | 1.62% |
| EXC | 30161N101 | EXELON CORP | 34,884 | 1.58% |
| ELV | 036752103 | ELEVANCE HEALTH | 2,991 | 1.52% |
| NVDA | 67066G104 | NVIDIA CORP | 5,125 | 1.50% |
| PM | 718172109 | PHILIP MORRIS IN | 13,032 | 1.36% |
| CMI | 231021106 | CUMMINS INC | 4,782 | 1.22% |
| PG | 742718109 | PROCTER & GAMBLE | 7,426 | 1.21% |
| META | 30303M102 | META PLATFORMS-A | 5,196 | 1.16% |
| VZ | 92343V104 | VERIZON COMMUNIC | 27,420 | 1.16% |
| AMD | 007903107 | ADV MICRO DEVICE | 10,760 | 1.13% |
| NOW | 81762P102 | SERVICENOW INC | 2,348 | 1.12% |
| SLB | 806857108 | SCHLUMBERGER LTD | 20,779 | 1.10% |
| TJX | 872540109 | TJX COS INC | 12,187 | 1.03% |
| GILD | 375558103 | GILEAD SCIENCES | 11,395 | 1.03% |
| TTE | 89151E109 | TOTALENER-SP ADR | 15,839 | 1.02% |
| PGR | 743315103 | PROGRESSIVE CORP | 6,364 | 1.01% |
| ORCL | 68389X105 | ORACLE CORP | 10,008 | 1.00% |
| ADBE | 00724F101 | ADOBE INC | 2,381 | 0.99% |
| AXP | 025816109 | AMERICAN EXPRESS | 5,193 | 0.92% |
| LMT | 539830109 | LOCKHEED MARTIN | 1,674 | 0.88% |
| AMGN | 031162100 | AMGEN INC | 3,303 | 0.88% |
| URI | 911363109 | UNITED RENTALS | 2,100 | 0.88% |
| AMAT | 038222105 | APPLIED MATERIAL | 6,682 | 0.86% |
| SYK | 863667101 | STRYKER CORP | 2,535 | 0.78% |
| HSIC | 806407102 | HENRY SCHEIN INC | 8,828 | 0.78% |
| REGN | 75886F107 | REGENERON PHARM | 850 | 0.78% |
| RSG | 760759100 | REPUBLIC SVCS | 5,274 | 0.77% |
| HOLX | 436440101 | HOLOGIC INC | 8,741 | 0.77% |
| ZBH | 98956P102 | ZIMMER BIOMET HO | 5,417 | 0.76% |
| MS | 617446448 | MORGAN STANLEY | 7,897 | 0.75% |
| LRCX | 512807108 | LAM RESEARCH | 1,363 | 0.73% |
| MET | 59156R108 | METLIFE INC | 11,677 | 0.72% |
| WAB | 929740108 | WABTEC CORP | 6,570 | 0.72% |
| ED | 209115104 | CONS EDISON INC | 6,734 | 0.71% |
| UNM | 91529Y106 | UNUM GROUP | 16,253 | 0.70% |
| CAG | 205887102 | CONAGRA BRANDS I | 16,874 | 0.70% |
| CARR | 14448C104 | CARRIER GLOB | 14,049 | 0.70% |
| DRI | 237194105 | DARDEN RESTAURAN | 4,069 | 0.70% |
| SNPS | 871607107 | SYNOPSYS INC | 1,695 | 0.70% |
| KEYS | 49338L103 | KEYSIGHT TEC | 3,953 | 0.68% |
| AWK | 030420103 | AMERICAN WATER W | 4,315 | 0.68% |
| MU | 595112103 | MICRON TECH | 10,184 | 0.67% |
| CI | 125523100 | CIGNA GROUP/THE | 2,349 | 0.67% |
| VRTX | 92532F100 | VERTEX PHARM | 1,919 | 0.67% |
| AKAM | 00971T101 | AKAMAI TECHNOLOG | 7,756 | 0.66% |
| SFM | 85208M102 | SPROUTS FARMERS | 17,286 | 0.66% |
| ANSS | 03662Q105 | ANSYS INC | 1,864 | 0.66% |
| DGX | 74834L100 | QUEST DIAGNOSTIC | 4,229 | 0.65% |
| ES | 30040W108 | EVERSOURCE ENERG | 7,462 | 0.63% |
| VMW | 928563402 | VMWARE INC-CL A | 4,618 | 0.63% |
| A | 00846U101 | AGILENT TECH INC | 4,074 | 0.60% |
| KIM | 49446R109 | KIMCO REALTY | 29,550 | 0.60% |
| HII | 446413106 | HUNTINGTON INGAL | 2,592 | 0.60% |
| CBRE | 12504L109 | CBRE GROUP INC-A | 7,811 | 0.59% |
| USB | 902973304 | US BANCORP | 14,779 | 0.58% |
| AEP | 025537101 | AMERICAN ELECTRI | 5,833 | 0.58% |
| MAS | 574599106 | MASCO CORP | 10,755 | 0.57% |
| ST | G8060N102 | SENSATA TECHNOLO | 10,849 | 0.57% |
| IFF | 459506101 | INTL FLVR & FRAG | 5,772 | 0.57% |
| HXL | 428291108 | HEXCEL CORP | 7,468 | 0.57% |
| RJF | 754730109 | RAYMOND JAMES | 5,311 | 0.54% |
| ATVI | 00507V109 | ACTIVISION BLIZZ | 5,772 | 0.54% |
| RGA | 759351604 | REINSURANCE GROU | 3,691 | 0.54% |
| ALB | 012653101 | ALBEMARLE CORP | 2,205 | 0.53% |
| SWKS | 83088M102 | SKYWORKS SOLUTIO | 4,245 | 0.53% |
| ENTG | 29362U104 | ENTEGRIS INC | 6,326 | 0.53% |
| CTLT | 148806102 | CATALENT INC | 7,188 | 0.53% |
| ICE | 45866F104 | INTERCONTINENTAL | 4,755 | 0.52% |
| RNR | G7496G103 | RENAISSANCERE | 2,376 | 0.52% |
| ATO | 049560105 | ATMOS ENERGY | 4,260 | 0.52% |
| BIO | 090572207 | BIO-RAD LABS-A | 993 | 0.52% |
| LKQ | 501889208 | LKQ CORP | 8,284 | 0.51% |
| DHI | 23331A109 | DR HORTON INC | 4,735 | 0.50% |
| CTRA | 127097103 | COTERRA ENERGY I | 18,616 | 0.50% |
| SNA | 833034101 | SNAP-ON INC | 1,865 | 0.50% |
| TEL | H84989104 | TE CONNECTIVITY | 3,547 | 0.49% |
| STLD | 858119100 | STEEL DYNAMICS | 3,976 | 0.48% |
| AMP | 03076C106 | AMERIPRISE FINAN | 1,441 | 0.48% |
| SMG | 810186106 | SCOTTS MIRACLE | 6,523 | 0.48% |
| ARW | 042735100 | ARROW ELECTRONIC | 3,600 | 0.48% |
| COLD | 03064D108 | AMERICOLD REALTY | 15,398 | 0.47% |
| HLI | 441593100 | HOULIHAN LOKEY I | 4,755 | 0.47% |
| WWD | 980745103 | WOODWARD INC | 4,414 | 0.47% |
| GD | 369550108 | GENERAL DYNAMICS | 1,864 | 0.47% |
| SF | 860630102 | STIFEL FINANCIAL | 7,131 | 0.47% |
| VMI | 920253101 | VALMONT INDS | 1,295 | 0.45% |
| SPR | 848574109 | SPIRIT AEROSYSTEMS HOLD-C | 12,216 | 0.45% |
| CL | 194162103 | COLGATE-PALMOLIV | 5,366 | 0.44% |
| AL | 00912X302 | AIR LEASE CORP | 10,632 | 0.44% |
| FITB | 316773100 | FIFTH THIRD BANC | 14,258 | 0.42% |
| ABC | 03073E105 | AMERISOURCEBERGE | 2,374 | 0.42% |
| GPN | 37940X102 | GLOBAL PAYMENTS | 3,716 | 0.41% |
| DOV | 260003108 | DOVER CORP | 2,546 | 0.41% |
| HASI | 41068X100 | HANNON ARMSTRONG | 13,787 | 0.41% |
| CSX | 126408103 | CSX CORP | 12,566 | 0.41% |
| WEC | 92939U106 | WEC ENERGY GROUP | 3,906 | 0.40% |
| SYY | 871829107 | SYSCO CORP | 4,755 | 0.40% |
| SYNH | 87166B102 | SYNEOS HEALTH IN | 10,465 | 0.40% |
| SEE | 81211K100 | SEALED AIR CORP | 8,149 | 0.40% |
| ARCH | 03940R107 | ARCH RESOURCES I | 2,649 | 0.39% |
| EMR | 291011104 | EMERSON ELEC CO | 4,184 | 0.39% |
| CIEN | 171779309 | CIENA CORP | 6,875 | 0.39% |
| GATX | 361448103 | GATX CORP | 3,226 | 0.38% |
| BR | 11133T103 | BROADRIDGE FINL | 2,374 | 0.37% |
| BKI | 09215C105 | BLACK KNIGHT | 5,982 | 0.37% |
| XRAY | 24906P109 | DENTSPLY SIRONA | 8,672 | 0.36% |
| DE | 244199105 | DEERE & CO | 822 | 0.36% |
| OC | 690742101 | OWENS CORNING | 3,477 | 0.35% |
| UPS | 911312106 | UNITED PARCEL-B | 1,679 | 0.35% |
| LH | 50540R409 | LABORATORY CP | 1,357 | 0.33% |
| SBAC | 78410G104 | SBA COMM CORP | 1,186 | 0.33% |
| PKG | 695156109 | PACKAGING CORP | 2,205 | 0.33% |
| PNC | 693475105 | PNC FINANCIAL SE | 2,260 | 0.32% |
| WY | 962166104 | WEYERHAEUSER CO | 9,923 | 0.31% |
| LITE | 55024U109 | LUMENTUM HOL | 5,479 | 0.31% |
| CHX | 15872M104 | CHAMPIONX CORP | 10,012 | 0.30% |
| CCI | 22822V101 | CROWN CASTLE INC | 2,074 | 0.29% |
| OGN | 68622V106 | ORGANON & CO | 11,459 | 0.28% |
| KEY | 493267108 | KEYCORP | 20,571 | 0.28% |
| SRCL | 858912108 | STERICYCLE INC | 5,942 | 0.28% |
| MUR | 626717102 | MURPHY OIL CORP | 6,559 | 0.26% |
| EMN | 277432100 | EASTMAN CHEMICAL | 2,887 | 0.26% |
| BXP | 101121101 | BOSTON PROPERTIE | 4,629 | 0.26% |
| HP | 423452101 | HELMERICH & PAYN | 6,229 | 0.25% |
| ARE | 015271109 | ALEXANDRIA REAL | 1,764 | 0.23% |
| RECPAY | RECPAY | Receivables/Payables | 57,293 | 0.06% |
1Holding data is provided “as of” the date indicated. Holdings are subject to change without notice. Holdings are provided for informational purposes only and should be not be considered a recommendation to buy or sell the securities listed.
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