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EQTY - ETF AI Analysis
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Kovitz Core Equity ETF (EQTY)
Rating:67Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month and quarter, indicating positive recent momentum.
Strong Core Holdings
Several of the largest positions, such as Intercontinental Exchange, Becton Dickinson, Philip Morris, and Thermo Fisher, have delivered strong year-to-date results that support the fund’s overall performance.
Broad Sector Diversification
Holdings spread across technology, financials, health care, industrials, and consumer sectors help reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The fund’s expense ratio is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Heavy U.S. Concentration
With the vast majority of assets in U.S. companies and only a small allocation abroad, investors get limited geographic diversification.
Mixed Performance Among Top Holdings
Some major positions like Microsoft, Visa, and Aon have shown weaker year-to-date performance, which can drag on the fund if this trend continues.
EQTY vs. SPDR S&P 500 ETF (SPY)
AUM1.29B
RegionGlobal
Expense Ratio0.99%
Beta0.88
IssuerKovitz
Inception DateDec 09, 2022
Dividend Yield0.02%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume36,458
30 Day Avg. Volume39,880
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
32.66Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering36
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EQTY Summary
The Kovitz Core Equity ETF (EQTY) is an actively managed fund that aims to mirror the overall stock market, with a mix of different company sizes and styles (both growth and value). It invests mainly in U.S. companies across many sectors, including technology, finance, and health care. Well-known holdings include Amazon and Microsoft. Someone might invest in EQTY to get broad diversification and a balance between potential growth and stability in a single fund. However, like any stock-focused ETF, its value can go up and down with the overall stock market.
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
EQTY’s story is driven by a mix of steady cash cows and recently choppy market leaders. Motorola Solutions and Philip Morris are doing the heavy lifting, with both stocks rising and helping to offset weakness elsewhere. On the other side, big tech anchors like Microsoft and Amazon have been losing steam lately, while Visa and Charles Schwab are more mixed, not really pulling their weight. With a clear tilt toward U.S. large-cap tech and financial names, the fund is globally labeled but feels very U.S.-centric in practice.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Intercontinental Exchange | 4.69% | $60.70M | $94.16B | -1.98% | 80 Outperform | |
| Philip Morris | 4.55% | $58.90M | $269.69B | 15.05% | 61 Neutral | |
| Amazon | 4.36% | $56.50M | $2.29T | 9.60% | 71 Outperform | |
| Microsoft | 4.13% | $53.47M | $3.04T | 7.69% | 79 Outperform | |
| Alphabet Class C | 4.05% | $52.44M | $3.70T | 82.36% | 82 Outperform | |
| Aon | 3.96% | $51.29M | $71.31B | -14.63% | 66 Neutral | |
| Charles Schwab | 3.73% | $48.26M | $165.37B | 32.48% | 74 Outperform | |
| Visa | 3.71% | $48.09M | $602.24B | -7.47% | 70 Outperform | |
| Motorola Solutions | 3.71% | $48.05M | $75.88B | 10.19% | 70 Neutral | |
| Becton Dickinson | 3.64% | $47.16M | $47.11B | -27.25% | 67 Neutral |
EQTY Technical Analysis
Negative
―
Price Trends
27.47
Negative
26.84
Positive
26.06
Positive
Market Momentum
-0.10
Positive
42.00
Neutral
36.52
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EQTY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 27.18, equal to the 50-day MA of 27.47, and equal to the 200-day MA of 26.06, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 42.00 is Neutral, neither overbought nor oversold. The STOCH value of 36.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EQTY.
EQTY Peer Comparison
Comparison Results
Performance Comparison
EQTY
Kovitz Core Equity ETF
26.86
3.55
15.23%
JGLO
JPMorgan Global Select Equity ETF
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CGDG
Capital Group Dividend Growers ETF
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BDYN
iShares Dynamic Equity Active ETF
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CGGE
Capital Group Global Equity ETF
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INFL
Horizon Kinetics Inflation Beneficiaries ETF
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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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