Continue to site >
Trending ETFs

Name

As of 06/14/2024

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

$51.65

$111 M

1.37%

$0.71

0.65%

Vitals

YTD Return

14.5%

1 yr return

19.5%

3 Yr Avg Return

7.1%

5 Yr Avg Return

12.5%

Net Assets

$111 M

Holdings in Top 10

32.1%

52 WEEK LOW AND HIGH

$51.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 60.00%

Redemption Fee 0.25%


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

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

$51.65

$111 M

1.37%

$0.71

0.65%

INDEX - Profile

Distributions

  • YTD Total Return 14.5%
  • 3 Yr Annualized Total Return 7.1%
  • 5 Yr Annualized Total Return 12.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.37%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    ONEFUND S&P 500® Equal Weight Index
  • Fund Family Name
    ONEFUND Trust
  • Inception Date
    May 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Individual
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Willis

Fund Description

The Fund seeks to achieve its investment objective by investing in a portfolio of assets whose performance, before fees and expenses, is expected to match approximately the performance of the Index. The Fund expects that its portfolio will consist primarily of securities of issuers included in the Index. The Index is designed to measure the performance of 500 U.S. companies chosen for market size, liquidity and industry grouping, among other factors. In some instances, one or more of the 500 companies may have more than one share class included in the Index. Overall Fund positions will be typically assessed and if necessary rebalanced quarterly and at other intervals as the Adviser deems appropriate, bearing in mind that the Index is also typically rebalanced quarterly, in order to seek to achieve the Fund’s investment objective.

The Index is maintained in accordance with the index methodology of the S&P 500. It measures the performance of 500 companies, all of which are listed on national stock exchanges and span over approximately 24 separate industry groups. The weight of each company’s stock in the Index is typically proportionate to the company’s market capitalization. As a result, companies with the largest market capitalizations will tend to have the highest weights within the Index.

As of October 31, 2023, the minimum threshold for adding companies to the Index was a market capitalization of $14.5 billion or higher, and the average market capitalization of the 500 companies was $73.4 billion. The Fund may change its target index if Fund management believes a different index would better enable the Fund to match the performance of the market segment represented by the Index.

The Fund will invest, under normal circumstances, at least 80% of its net assets and borrowings for investment purposes in securities of issuers included in the Index. Under normal circumstances, the Adviser expects the Fund to invest the remaining portion of its portfolio, which may be up to 20% of the Fund’s net assets and borrowings, in: (i) securities that have economic characteristics similar to securities of the companies within the Index, or are intended to track the performance of the Index as a whole (which

may include securities of other investment companies, such as exchange-traded funds), or (ii) cash, cash equivalents and U.S. Government securities. In certain situations where, for example, the Fund’s access to certain issuers is, in the Adviser’s view, limited, the Fund may not hold securities of all of the companies within the Index. The Fund may sell securities that are represented in the Index in anticipation of their removal from the Index, or buy securities that are not yet represented in the Index in anticipation of their addition to the Index.

The Fund may concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or sector to approximately the same extent that the Index is so concentrated. As of the date of this Prospectus, a significant portion of the Fund’s assets was invested in the information technology sector, although this may change from time to time.

Read More

INDEX - Performance

Return Ranking - Trailing

Period INDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% -1.9% 25.1% 32.93%
1 Yr 19.5% -2.1% 42.7% 70.98%
3 Yr 7.1%* -12.4% 16.1% 72.85%
5 Yr 12.5%* -8.7% 109.8% 71.04%
10 Yr N/A* -0.1% 20.7% N/A

* Annualized

Return Ranking - Calendar

Period INDEX Return Category Return Low Category Return High Rank in Category (%)
2023 8.8% -42.6% 47.4% 86.63%
2022 -14.5% -56.3% -4.2% 8.91%
2021 26.7% -27.2% 537.8% 6.59%
2020 11.0% -22.5% 2181.7% 53.51%
2019 26.9% -13.5% 40.4% 28.46%

Total Return Ranking - Trailing

Period INDEX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.5% -1.9% 25.1% 32.93%
1 Yr 19.5% -2.1% 42.7% 70.98%
3 Yr 7.1%* -12.4% 16.1% 72.85%
5 Yr 12.5%* -8.7% 109.8% 71.04%
10 Yr N/A* -0.1% 20.7% N/A

* Annualized

Total Return Ranking - Calendar

Period INDEX Return Category Return Low Category Return High Rank in Category (%)
2023 10.6% -5.0% 47.4% 95.17%
2022 -11.8% -36.8% -2.2% 13.70%
2021 29.1% 3.0% 537.8% 17.55%
2020 12.8% -15.8% 2266.0% 77.48%
2019 29.0% -0.4% 241.3% 60.59%

NAV & Total Return History


INDEX - Holdings

Concentration Analysis

INDEX Category Low Category High INDEX % Rank
Net Assets 111 M 2.34 M 1.55 T 86.92%
Number of Holdings 504 2 4048 20.22%
Net Assets in Top 10 36.5 M 848 K 446 B 87.48%
Weighting of Top 10 32.05% 0.3% 111.9% 62.69%

Top 10 Holdings

  1. Microsoft Corp. 7.07%
  2. Apple, Inc. 5.63%
  3. NVIDIA Corp. 5.05%
  4. Amazon.com, Inc. 3.73%
  5. Meta Platforms, Inc. 2.42%
  6. Alphabet, Inc. 2.01%
  7. Berkshire Hathaway, Inc. 1.73%
  8. Alphabet, Inc. 1.70%
  9. Eli Lilly Co. 1.40%
  10. Broadcom, Inc. 1.32%

Asset Allocation

Weighting Return Low Return High INDEX % Rank
Stocks
99.73% 0.00% 120.26% 17.66%
Cash
0.27% 0.00% 99.06% 78.81%
Preferred Stocks
0.00% 0.00% 2.52% 72.71%
Other
0.00% -13.91% 100.00% 83.55%
Convertible Bonds
0.00% 0.00% 5.54% 72.22%
Bonds
0.00% -0.37% 92.99% 73.76%

Stock Sector Breakdown

Weighting Return Low Return High INDEX % Rank
Technology
14.45% 0.00% 48.94% 91.58%
Industrials
14.09% 0.00% 29.90% 10.21%
Financial Services
13.51% 0.00% 55.59% 47.79%
Healthcare
13.02% 0.00% 60.70% 78.35%
Consumer Cyclical
12.00% 0.00% 30.33% 18.79%
Consumer Defense
7.37% 0.00% 47.71% 31.70%
Utilities
6.19% 0.00% 20.91% 5.23%
Real Estate
5.66% 0.00% 31.91% 5.39%
Energy
4.95% 0.00% 41.64% 26.14%
Basic Materials
4.39% 0.00% 25.70% 17.24%
Communication Services
4.36% 0.00% 27.94% 88.24%

Stock Geographic Breakdown

Weighting Return Low Return High INDEX % Rank
US
99.73% 0.00% 120.26% 14.69%
Non US
0.00% 0.00% 63.90% 76.32%

INDEX - Expenses

Operational Fees

INDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.01% 19.75% 63.09%
Management Fee 0.25% 0.00% 1.90% 27.26%
12b-1 Fee 0.00% 0.00% 1.00% 15.83%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

INDEX 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

INDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 0.25% 0.25% 2.00% 100.00%

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.

INDEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 0.00% 268.00% 80.09%

INDEX - Distributions

Dividend Yield Analysis

INDEX Category Low Category High INDEX % Rank
Dividend Yield 1.37% 0.00% 25.47% 43.36%

Dividend Distribution Analysis

INDEX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Quarterly

Net Income Ratio Analysis

INDEX Category Low Category High INDEX % Rank
Net Income Ratio 1.37% -54.00% 2.44% 9.75%

Capital Gain Distribution Analysis

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

Distributions History

View More +

INDEX - Fund Manager Analysis

Managers

Michael Willis


Start Date

Tenure

Tenure Rank

Apr 30, 2015

7.09

7.1%

Michael G. Willis is president and lead portfolio manager of ONEFUND, LLC. Mr. Willis has served as a portfolio manager for ONEFUND, LLC since 2004. Mr. Willis has also served as President of Index Funds since 2006. Prior to that, he was a senior vice president of UBS Financial Services, Inc. from 2003 to 2004. From 1999 to 2003, he was a senior vice president-investment of PaineWebber. He also served as first vice president of Smith Barney from 1994 to 1999.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.26 2.42