Pump Up the JamMonthly Chart of CBLS. Bullish! Little Island Reversal w./ a double bottom. Expecting to C higher monthly Close(s). Higher lows on each month.
Key stats
About Elevation Series Trust Clough Hedged Equity ETF
Home page
Inception date
Nov 13, 2020
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
CBLS has free rein within the US equity market to establish long and short positions based on the fund advisers 5-11 year outlook for the space. The objective is to provide capital appreciation while minimizing volatility as compared to the broader equity market. Long positions focus on sectors, industries, or specific companies, generally small and midcap stocks, the adviser believes are undervalued or overlooked. Stocks are analyzed for quantitative factors of quality, value, momentum, size and volatility. In addition, fundamental criteria such as: assessment of competitors, suppliers, customers, replacements and ESG attributes are also considered. Short positions are entered on stocks believed to have declining fundamentals such as earnings, revenue or weakening market position compared to competitors. Prior to March 13, 2023, the fund name was Clough Hedged Equity ETF. The fund traded under the name Clough Hedged Equity ETF. On March 04, 2024, CBLS underwent the name change.
Classification
What's in the fund
Exposure type
Electronic Technology
Cash
Stocks98.27%
Electronic Technology15.97%
Industrial Services8.32%
Technology Services8.28%
Non-Energy Minerals7.75%
Utilities6.52%
Retail Trade5.83%
Consumer Services5.46%
Energy Minerals5.46%
Finance4.42%
Process Industries3.69%
Consumer Durables3.31%
Producer Manufacturing2.19%
Bonds, Cash & Other1.73%
Cash26.59%
ETF1.38%
Mutual fund1.06%
Miscellaneous−27.30%
Displays a symbol's price movements over previous years to identify recurring trends.