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Trending ETFs

Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$31.43

$448 M

0.88%

$0.28

0.15%

Vitals

YTD Return

13.4%

1 yr return

29.0%

3 Yr Avg Return

11.5%

5 Yr Avg Return

N/A

Net Assets

$448 M

Holdings in Top 10

42.5%

52 WEEK LOW AND HIGH

$31.4
$24.17
$31.50

Expenses

OPERATING FEES

Expense Ratio 0.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 49.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$31.43

$448 M

0.88%

$0.28

0.15%

RECS - Profile

Distributions

  • YTD Total Return 13.4%
  • 3 Yr Annualized Total Return 11.5%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.58%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Columbia Research Enhanced Core ETF
  • Fund Family Name
    Columbia Funds Complex
  • Inception Date
    Sep 25, 2019
  • Shares Outstanding
    2450000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Christopher Lo

Fund Description

The Fund is an exchange-traded fund (ETF) that seeks to replicate the performance of the Index. The Fund invests at least 80% of its assets in the securities of the Index. The Index reflects a rules-based strategic beta approach to investing in the companies that comprise the Russell 1000® Index, designed to achieve stronger total return when compared to the Russell 1000® Index, which is a broad measure of the performance of U.S. large- and mid-cap growth and value companies. The Index, like the Russell 1000® Index, and therefore the Fund, typically holds only common stocks.
The Index was developed and is sponsored and administered by the Fund’s investment adviser, Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager). The Index is calculated and maintained by FTSE Russell.
The Index is comprised of a subset of the companies within the Russell 1000® Index. With a starting point of the Russell 1000® Index, the Index was designed to reflect the performance of U.S. large- and mid-cap growth and value companies through the application of a rules-based methodology that takes into account quality, value and company catalyst factors. The methodology typically results in approximately 325-400 Index holdings, but this range can fluctuate because the Index has no constraints on number of holdings.
The number of securities in each sector and the Index as a whole may change over time. The Index is reconstituted and rebalanced semi-annually in June and December.
The Fund uses a replication strategy to track the performance of the Index, whereby the Fund invests in or has investment exposure to substantially all the component securities of the Index in approximately the same proportions as in the Index. However, under various circumstances, including circumstances under which it may not be possible or practicable to purchase all of the securities in the Index, or in the same weightings, the Fund may purchase or have investment exposure to a sample (large or small quantity) of the securities in the Index in proportions expected to replicate generally the performance of the Index as a whole. There may also be instances in which the Fund may overweight (or underweight) an Index holding, purchase (or sell) instruments not in the Index as a substitute for one or more securities in the Index or utilize various combinations of other available investment techniques in seeking to replicate the performance of the Index.
The Fund may sell securities or other holdings that are represented in the Index or purchase securities or make other investments that are not yet represented in the Index in anticipation of their removal from or addition to the Index.
The Investment Manager does not provide day-to-day management of the Fund’s assets based on its view of the investment merits of a security or company, nor does it conduct fundamental investment research or analysis, or seek to forecast or otherwise consider market movements, conditions or trends in the day-to-day management of the Fund’s assets. The Fund pursues its investment objective of correlating performance with the Index regardless of market conditions and does not take defensive positions.
The methodology applied to select Index holdings and weightings does not set limits on sector or industry exposures. To the extent the Index is concentrated in a sector or industry, the Fund will necessarily be concentrated in that sector or industry.As of October 31, 2023, the Index (and therefore the Fund) was concentrated in the information technology sector.
The Fund may invest up to 20% of its assets in other securities or instruments not included within the Index that the Investment Manager believes will help the Fund track the Index.
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RECS - Performance

Return Ranking - Trailing

Period RECS Return Category Return Low Category Return High Rank in Category (%)
YTD 13.4% -1.0% 19.1% 15.83%
1 Yr 29.0% 3.4% 54.3% 28.80%
3 Yr 11.5%* -12.0% 15.9% 4.07%
5 Yr N/A* -8.5% 109.5% 74.38%
10 Yr N/A* 0.0% 21.0% 81.43%

* Annualized

Return Ranking - Calendar

Period RECS Return Category Return Low Category Return High Rank in Category (%)
2023 22.0% -42.6% 47.4% 33.81%
2022 -15.6% -56.3% -4.2% 11.38%
2021 9.5% -27.2% 53.7% 78.42%
2020 14.1% -36.2% 2181.7% 36.57%
2019 N/A -22.7% 40.4% N/A

Total Return Ranking - Trailing

Period RECS Return Category Return Low Category Return High Rank in Category (%)
YTD 13.4% -1.0% 19.1% 15.83%
1 Yr 29.0% 3.4% 54.3% 28.80%
3 Yr 11.5%* -12.0% 15.9% 4.07%
5 Yr N/A* -8.5% 109.5% N/A
10 Yr N/A* 0.0% 21.0% N/A

* Annualized

Total Return Ranking - Calendar

Period RECS Return Category Return Low Category Return High Rank in Category (%)
2023 23.2% -5.0% 47.4% 56.17%
2022 -14.4% -36.8% -2.2% 23.00%
2021 33.2% 3.0% 124.3% 3.45%
2020 15.4% -15.8% 2266.0% 59.85%
2019 N/A -0.4% 241.3% N/A

RECS - Holdings

Concentration Analysis

RECS Category Low Category High RECS % Rank
Net Assets 448 M 2.34 M 1.55 T 68.82%
Number of Holdings 362 2 4048 24.70%
Net Assets in Top 10 138 M 885 K 387 B 71.70%
Weighting of Top 10 42.50% 0.3% 112.0% 18.14%

Top 10 Holdings

  1. Microsoft Corp 8.61%
  2. Apple Inc 8.02%
  3. Amazon.com Inc 6.77%
  4. NVIDIA Corp 4.21%
  5. JPMorgan Chase Co 2.93%
  6. Visa Inc 2.60%
  7. Meta Platforms Inc 2.43%
  8. Alphabet Inc 2.43%
  9. Johnson Johnson 2.40%
  10. Alphabet Inc 2.10%

Asset Allocation

Weighting Return Low Return High RECS % Rank
Stocks
99.36% 0.00% 124.03% 32.69%
Cash
0.64% 0.00% 99.06% 64.27%
Preferred Stocks
0.00% 0.00% 2.38% 90.01%
Other
0.00% -13.91% 100.00% 92.81%
Convertible Bonds
0.00% 0.00% 5.54% 89.74%
Bonds
0.00% -0.37% 93.78% 89.77%

Stock Sector Breakdown

Weighting Return Low Return High RECS % Rank
Technology
23.58% 0.00% 48.94% 58.10%
Healthcare
14.64% 0.00% 60.70% 42.31%
Financial Services
13.16% 0.00% 55.59% 66.64%
Consumer Cyclical
12.25% 0.00% 30.33% 17.09%
Industrials
9.01% 0.00% 29.90% 50.53%
Communication Services
7.94% 0.00% 27.94% 57.28%
Consumer Defense
6.05% 0.00% 47.71% 72.74%
Energy
4.71% 0.00% 41.64% 35.07%
Real Estate
3.19% 0.00% 31.91% 31.65%
Utilities
2.89% 0.00% 20.91% 35.48%
Basic Materials
2.59% 0.00% 25.70% 47.84%

Stock Geographic Breakdown

Weighting Return Low Return High RECS % Rank
US
99.36% 0.00% 124.03% 26.06%
Non US
0.00% 0.00% 62.81% 90.09%

RECS - Expenses

Operational Fees

RECS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.01% 19.75% 92.12%
Management Fee 0.15% 0.00% 1.90% 16.95%
12b-1 Fee 0.00% 0.00% 1.00% 19.23%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

RECS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RECS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RECS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.00% 0.00% 496.00% 75.75%

RECS - Distributions

Dividend Yield Analysis

RECS Category Low Category High RECS % Rank
Dividend Yield 0.88% 0.00% 25.47% 65.38%

Dividend Distribution Analysis

RECS Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

RECS Category Low Category High RECS % Rank
Net Income Ratio 1.58% -54.00% 6.06% 3.84%

Capital Gain Distribution Analysis

RECS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

RECS - Fund Manager Analysis

Managers

Christopher Lo


Start Date

Tenure

Tenure Rank

Sep 25, 2019

2.68

2.7%

Chris Lo is a senior portfolio manager on the Indexed and Tax Efficient Portfolio Solutions group for Columbia Threadneedle Investments. He leads the Indexed Portfolio Solutions team and is responsible the management of Columbia Threadneedle Equity Exchange Traded Funds and Index Mutual Funds. Mr. Lo joined one of the Columbia Threadneedle Investments legacy firms as senior vice president in 1998 where he held the position of portfolio manager. Previously, Mr. Lo was a senior consultant at KPMG Peat Marwick, LLP. Prior to that, Mr. Lo was an analyst at Deloitte and Touche, LLP. He has been a member of the investment community since 1998. Mr. Lo received a B.S. and an M.E. from Rensselaer Polytechnic Institute and an MBA from New York University, Stern School of Business. He also received his doctoral degree in Professional Studies (DPS) from Pace University, with a concentration in Finance and International Economics. He is a member of the New York Society of Securities Analysts and holds the Chartered Financial Analyst® designation.

Jason Wang


Start Date

Tenure

Tenure Rank

Sep 25, 2019

2.68

2.7%

Mr. Wang joined one of the Columbia Management legacy firms or acquired business lines in 2010. Mr. Wang began his investment career in 2001 and earned a bachelor’s degree from Wuhan University and an MBA from the University of Notre Dame.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.28 2.42