EQTY - ETF AI Analysis

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Kovitz Core Equity ETF (EQTY)

Rating:65Neutral

Price Target:―

The Kovitz Core Equity ETF (EQTY) has a solid overall rating, reflecting a balanced mix of strong performers and some areas of potential improvement. Alphabet (GOOG) stands out as a key contributor, driven by its robust financial performance, strategic investments in AI and cloud services, and positive long-term growth outlook. However, holdings like Philip Morris (PM) and Becton Dickinson (BDX) have faced challenges such as high leverage, bearish trends, and market-specific difficulties, which may have slightly weighed on the fund's overall rating. A notable risk factor is the ETF's exposure to high-valuation stocks, which could limit short-term upside potential.

Positive Factors

Strong Top Holdings

Several key holdings, such as Alphabet, Microsoft, and Meta Platforms, have delivered strong year-to-date performance, supporting the ETF's overall returns.

Sector Diversification

The ETF is spread across multiple sectors, including Technology, Financials, and Health Care, reducing reliance on any single industry.

Healthy Performance

The ETF has shown steady positive returns year-to-date, indicating solid management and portfolio strength.

Negative Factors

High Expense Ratio

The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.

Underperforming Holdings

Some top holdings, such as Becton Dickinson, have lagged in performance, potentially dragging down overall results.

Limited Geographic Exposure

The ETF is heavily concentrated in U.S. companies, offering little diversification across international markets.

EQTY vs. SPDR S&P 500 ETF (SPY)

AUM1.30B

RegionGlobal

Expense Ratio0.99%

Beta0.88

IssuerKovitz

Inception DateDec 09, 2022

Dividend Yield0.29%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume48,601

30 Day Avg. Volume48,294

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

30.24

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering35

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

EQTY Summary

The Kovitz Core Equity ETF (EQTY) is designed to give investors exposure to a wide range of U.S. companies across different sectors and sizes, blending growth and value stocks for a balanced approach. It includes well-known companies like Amazon and Alphabet (Google), making it a diverse option for those looking to invest in the total market. This ETF could be appealing for investors seeking long-term growth and stability through diversification. However, new investors should be aware that its performance can fluctuate with the overall market, as it is heavily influenced by sectors like technology and financials.

How much will it cost me?The Kovitz Core Equity ETF (EQTY) has an expense ratio of 0.99%, meaning you’ll pay $9.90 per year for every $1,000 invested. This is higher than average because it is actively managed, which involves more research and decision-making compared to passively managed ETFs that track an index.

What would affect this ETF?The Kovitz Core Equity ETF (EQTY) could benefit from growth in the technology and health care sectors, which are significant parts of its portfolio, as well as global economic expansion that supports its broad geographic exposure. However, rising interest rates or regulatory changes could negatively impact financial and consumer cyclical stocks, while global economic uncertainty might affect overall market performance. Its focus on both growth and value stocks provides some balance, but sector-specific risks remain important to monitor.

EQTY Top 10 Holdings

The Kovitz Core Equity ETF (EQTY) leans heavily on tech and financials, with Alphabet and Amazon playing pivotal roles. Alphabet is rising on the back of strong AI and cloud growth, while Amazon shows mixed signals, with AWS strength offset by short-term weakness. Financials like Intercontinental Exchange and Charles Schwab are lagging, facing valuation concerns and revenue challenges. Meanwhile, health care names like Thermo Fisher are steady contributors, benefiting from strategic initiatives. With a global focus and a balanced mix of growth and value, EQTY’s performance hinges on its tech and financial heavyweights.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AMZN	Amazon	4.70%	$61.63M	$2.45T	1.10%	71 Outperform
ICE	Intercontinental Exchange	4.47%	$58.62M	$89.99B	1.21%	78 Outperform
MSFT	Microsoft	4.47%	$58.57M	$3.59T	8.92%	80 Outperform
BDX	Becton Dickinson	4.28%	$56.08M	$55.36B	-11.84%	71 Outperform
GOOG	Alphabet Class C	4.27%	$55.99M	$3.88T	82.50%	82 Outperform
KEYS	Keysight Technologies	3.92%	$51.44M	$36.17B	22.57%	77 Outperform
PM	Philip Morris	3.89%	$50.98M	$230.09B	13.21%	63 Neutral
SCHW	Charles Schwab	3.71%	$48.67M	$166.71B	15.16%	78 Outperform
AON	Aon	3.71%	$48.67M	$74.20B	-8.68%	66 Neutral
TMO	Thermo Fisher	3.66%	$47.96M	$215.19B	8.20%	77 Outperform

EQTY Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

25.98

Positive

100DMA

25.86

Positive

200DMA

24.75

Positive

Market Momentum

MACD

0.19

Negative

RSI

64.24

Neutral

STOCH

97.45

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EQTY, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 25.98, equal to the 50-day MA of 25.98, and equal to the 200-day MA of 24.75, indicating a bullish trend. The MACD of 0.19 indicates Negative momentum. The RSI at 64.24 is Neutral, neither overbought nor oversold. The STOCH value of 97.45 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EQTY.

EQTY Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
EQTY	―	―	$1.30B	0.99%	―
JGLO	―	―	$7.25B	0.47%	―
CGDG	―	―	$3.85B	0.47%	―
BDYN	―	―	$2.28B	0.40%	―
BDVL	―	―	$1.40B	0.40%	―
CGGE	―	―	$1.39B	0.47%	―

Performance Comparison

EQTY

Kovitz Core Equity ETF

26.80

2.33

9.52%

JGLO

JPMorgan Global Select Equity ETF

―

CGDG

Capital Group Dividend Growers ETF

―

BDYN

iShares Dynamic Equity Active ETF

―

BDVL

iShares Disciplined Volatility Equity Active ETF Trust Unit

―

CGGE

Capital Group Global Equity ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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