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% | $25.07 | $0.00 | $0.00 | 0.0021% |
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 | 0.89% | 7.92% | 0.12% | 7.78% | 4.84% | 6.00% | 8.39% | 0.95% |
| Closing Market Price | -100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Term | 1 Mo. | QTR | 1 Yr. | Since Inception |
|---|---|---|---|---|
| NAV | -5.29% | -3.23% | 14.29% | -2.19% |
| Closing Market Price | -5.36% | -3.27% | 14.23% | -2.14% |
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 2023 | Q2 2023 | Q3 2023 | Q4 2023 |
|---|---|---|---|---|---|
| Days at premium | 171 | 41 | 44 | 52 | 37 |
| Days at discount | 38 | 11 | 3 | 5 | 0 |
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 |
|---|---|---|---|---|
| NVDA | 67066G104 | NVIDIA CORP | 8,847 | 4.05% |
| META | 30303M102 | META PLATFORMS-A | 11,266 | 3.58% |
| MSFT | 594918104 | MICROSOFT CORP | 9,282 | 3.40% |
| LLY | 532457108 | ELI LILLY & CO | 5,904 | 3.38% |
| GOOG | 02079K107 | ALPHABET INC-C | 20,596 | 2.69% |
| AMZN | 023135106 | AMAZON.COM INC | 16,988 | 2.44% |
| UNH | 91324P102 | UNITEDHEALTH GRP | 4,532 | 2.43% |
| SLB | 806857108 | SCHLUMBERGER LTD | 45,055 | 2.31% |
| USD | USD | US DOLLARS | 2,296,932 | 2.25% |
| CNQ | 136385101 | CAN NATURAL RES | 32,370 | 2.15% |
| AVGO | 11135F101 | BROADCOM INC | 2,104 | 1.92% |
| NOW | 81762P102 | SERVICENOW INC | 2,745 | 1.86% |
| SNPS | 871607107 | SYNOPSYS INC | 3,455 | 1.85% |
| APP | 03831W108 | APPLOVIN CO-CL A | 48,086 | 1.80% |
| PG | 742718109 | PROCTER & GAMBLE | 11,929 | 1.78% |
| DHI | 23331A109 | DR HORTON INC | 12,348 | 1.58% |
| GS | 38141G104 | GOLDMAN SACHS GP | 4,173 | 1.42% |
| V | 92826C839 | VISA INC-CLASS A | 5,469 | 1.37% |
| LRCX | 512807108 | LAM RESEARCH | 1,765 | 1.25% |
| AKAM | 00971T101 | AKAMAI TECHNOLOG | 10,914 | 1.24% |
| XOM | 30231G102 | EXXON MOBIL CORP | 12,228 | 1.23% |
| UBER | 90353T100 | UBER TECHNOLOGIE | 20,063 | 1.13% |
| MRK | 58933Y105 | MERCK & CO | 10,526 | 1.07% |
| TJX | 872540109 | TJX COS INC | 11,345 | 0.99% |
| INTU | 461202103 | INTUIT INC | 1,749 | 0.98% |
| AXP | 025816109 | AMERICAN EXPRESS | 5,376 | 0.91% |
| CL | 194162103 | COLGATE-PALMOLIV | 11,717 | 0.90% |
| AMAT | 038222105 | APPLIED MATERIAL | 5,741 | 0.85% |
| CI | 125523100 | CIGNA GROUP/THE | 3,157 | 0.83% |
| RSG | 760759100 | REPUBLIC SVCS | 4,866 | 0.78% |
| CMI | 231021106 | CUMMINS INC | 3,515 | 0.78% |
| REGN | 75886F107 | REGENERON PHARM | 907 | 0.72% |
| ORCL | 68389X105 | ORACLE CORP | 6,206 | 0.71% |
| SCHW | 808513105 | SCHWAB (CHARLES) | 11,380 | 0.70% |
| ARM | 042068205 | ARM HOLDINGS PLC | 10,649 | 0.67% |
| TEL | H84989104 | TE CONNECTIVITY | 5,055 | 0.65% |
| WAB | 929740108 | WABTEC CORP | 5,524 | 0.65% |
| URI | 911363109 | UNITED RENTALS | 1,315 | 0.65% |
| ENTG | 29362U104 | ENTEGRIS INC | 5,836 | 0.62% |
| NEE | 65339F101 | NEXTERA ENERGY | 10,668 | 0.62% |
| MAS | 574599106 | MASCO CORP | 9,924 | 0.60% |
| TMUS | 872590104 | T-MOBILE US INC | 4,041 | 0.60% |
| GEHC | 36266G107 | GE HEALTHCARE TE | 8,731 | 0.59% |
| DRI | 237194105 | DARDEN RESTAURAN | 3,756 | 0.59% |
| STLD | 858119100 | STEEL DYNAMICS | 4,989 | 0.58% |
| WY | 962166104 | WEYERHAEUSER CO | 18,750 | 0.58% |
| PGR | 743315103 | PROGRESSIVE CORP | 3,646 | 0.58% |
| CBRE | 12504L109 | CBRE GROUP INC-A | 7,208 | 0.57% |
| HOLX | 436440101 | HOLOGIC INC | 8,180 | 0.57% |
| HUM | 444859102 | HUMANA INC | 1,150 | 0.56% |
| MET | 59156R108 | METLIFE INC | 8,919 | 0.56% |
| RGA | 759351604 | REINSURANCE GROU | 3,405 | 0.54% |
| DLR | 253868103 | DIGITAL REALTY | 4,008 | 0.54% |
| ES | 30040W108 | EVERSOURCE ENERG | 9,132 | 0.54% |
| MLM | 573284106 | MARTIN MAR MTLS | 1,180 | 0.54% |
| AWK | 030420103 | AMERICAN WATER W | 4,038 | 0.53% |
| RJF | 754730109 | RAYMOND JAMES | 4,900 | 0.52% |
| ZBH | 98956P102 | ZIMMER BIOMET HO | 4,469 | 0.52% |
| VRTX | 92532F100 | VERTEX PHARM | 1,472 | 0.51% |
| ANSS | 03662Q105 | ANSYS INC | 1,719 | 0.50% |
| KEYS | 49338L103 | KEYSIGHT TEC | 3,649 | 0.49% |
| ICE | 45866F104 | INTERCONTINENTAL | 4,386 | 0.49% |
| SNA | 833034101 | SNAP-ON INC | 1,765 | 0.48% |
| UNM | 91529Y106 | UNUM GROUP | 11,447 | 0.48% |
| BALL | 058498106 | BALL CORP | 8,598 | 0.47% |
| A | 00846U101 | AGILENT TECH INC | 3,758 | 0.47% |
| HLI | 441593100 | HOULIHAN LOKEY I | 4,386 | 0.47% |
| AMD | 007903107 | ADV MICRO DEVICE | 3,971 | 0.47% |
| OC | 690742101 | OWENS CORNING | 3,443 | 0.47% |
| SPR | 848574109 | SPIRIT AEROSYSTEMS HOLD-C | 16,644 | 0.46% |
| CSX | 126408103 | CSX CORP | 14,026 | 0.46% |
| RNR | G7496G103 | RENAISSANCERE | 2,192 | 0.46% |
| BK | 064058100 | BANK NY MELLON | 9,470 | 0.45% |
| ACN | G1151C101 | ACCENTURE PLC-A | 1,349 | 0.45% |
| MS | 617446448 | MORGAN STANLEY | 5,628 | 0.45% |
| ED | 209115104 | CONS EDISON INC | 4,898 | 0.44% |
| GILD | 375558103 | GILEAD SCIENCES | 5,775 | 0.44% |
| FSLR | 336433107 | FIRST SOLAR INC | 2,790 | 0.44% |
| COR | 03073E105 | CENCORA INC | 2,190 | 0.44% |
| DOV | 260003108 | DOVER CORP | 3,109 | 0.44% |
| GD | 369550108 | GENERAL DYNAMICS | 1,780 | 0.44% |
| AL | 00912X302 | AIR LEASE CORP | 11,097 | 0.43% |
| WWD | 980745103 | WOODWARD INC | 3,246 | 0.43% |
| SBAC | 78410G104 | SBA COMM CORP | 1,754 | 0.43% |
| LH | 50540R409 | LABORATORY CP | 2,007 | 0.43% |
| CTRA | 127097103 | COTERRA ENERGY I | 16,773 | 0.43% |
| VOYA | 929089100 | VOYA FINANCIAL I | 6,107 | 0.43% |
| BR | 11133T103 | BROADRIDGE FINL | 2,190 | 0.42% |
| EMR | 291011104 | EMERSON ELEC CO | 4,709 | 0.42% |
| SFM | 85208M102 | SPROUTS FARMERS | 9,490 | 0.41% |
| MKC | 579780206 | MCCORMICK-N/V | 6,290 | 0.41% |
| DE | 244199105 | DEERE & CO | 1,124 | 0.41% |
| SF | 860630102 | STIFEL FINANCIAL | 6,581 | 0.41% |
| GPN | 37940X102 | GLOBAL PAYMENTS | 3,429 | 0.40% |
| COLD | 03064D108 | AMERICOLD REALTY | 14,209 | 0.40% |
| AMP | 03076C106 | AMERIPRISE FINAN | 1,129 | 0.39% |
| ARW | 042735100 | ARROW ELECTRONIC | 3,322 | 0.39% |
| SWKS | 83088M102 | SKYWORKS SOLUTIO | 3,917 | 0.38% |
| AMGN | 031162100 | AMGEN INC | 1,383 | 0.37% |
| SYY | 871829107 | SYSCO CORP | 5,117 | 0.36% |
| EMN | 277432100 | EASTMAN CHEMICAL | 4,349 | 0.36% |
| WEC | 92939U106 | WEC ENERGY GROUP | 4,331 | 0.36% |
| BWA | 099724106 | BORGWARNER INC | 10,552 | 0.35% |
| LKQ | 501889208 | LKQ CORP | 7,753 | 0.35% |
| HXL | 428291108 | HEXCEL CORP | 4,910 | 0.34% |
| SMG | 810186106 | SCOTTS MIRACLE | 6,018 | 0.34% |
| KEY | 493267108 | KEYCORP | 26,410 | 0.34% |
| BIO | 090572207 | BIO-RAD LABS-A | 1,129 | 0.34% |
| PKG | 695156109 | PACKAGING CORP | 2,032 | 0.34% |
| CTLT | 148806102 | CATALENT INC | 8,506 | 0.33% |
| VZ | 92343V104 | VERIZON COMMUNIC | 8,771 | 0.33% |
| ST | G8060N102 | SENSATA TECHNOLO | 10,013 | 0.33% |
| VMI | 920253101 | VALMONT INDS | 1,485 | 0.33% |
| GATX | 361448103 | GATX CORP | 2,976 | 0.32% |
| IFF | 459506101 | INTL FLVR & FRAG | 4,313 | 0.32% |
| FITB | 316773100 | FIFTH THIRD BANC | 10,617 | 0.32% |
| TGT | 87612E106 | TARGET CORP | 2,396 | 0.32% |
| XRAY | 24906P109 | DENTSPLY SIRONA | 9,565 | 0.30% |
| KIM | 49446R109 | KIMCO REALTY | 15,495 | 0.30% |
| CARR | 14448C104 | CARRIER GLOB | 5,660 | 0.29% |
| BXP | 101121101 | BOSTON PROPERTIE | 4,748 | 0.29% |
| HSIC | 806407102 | HENRY SCHEIN INC | 4,291 | 0.29% |
| CAG | 205887102 | CONAGRA BRANDS I | 10,406 | 0.29% |
| SEE | 81211K100 | SEALED AIR CORP | 8,603 | 0.29% |
| CHX | 15872M104 | CHAMPIONX CORP | 9,240 | 0.27% |
| LITE | 55024U109 | LUMENTUM HOL | 6,135 | 0.27% |
| HP | 423452101 | HELMERICH & PAYN | 7,241 | 0.26% |
| SRCL | 858912108 | STERICYCLE INC | 5,482 | 0.26% |
| LOW | 548661107 | LOWE'S COS INC | 1,292 | 0.26% |
| BIIB | 09062X103 | BIOGEN INC | 1,120 | 0.26% |
| MUR | 626717102 | MURPHY OIL CORP | 6,052 | 0.26% |
| ALB | 012653101 | ALBEMARLE CORP | 2,034 | 0.25% |
| VST | 92840M102 | VISTRA CORP | 5,857 | 0.21% |
| PYPL | 70450Y103 | PAYPAL HOLDINGS | 3,031 | 0.18% |
| RECPAY | RECPAY | Receivables/Payables | 56,136 | 0.05% |
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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