EQTY - ETF AI Analysis
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Kovitz Core Equity ETF (EQTY)
Rating:68Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year to date, indicating positive recent momentum.
Strong Top Holdings Mix
Several of the largest positions, such as Alphabet, Philip Morris, Carrier Global, and Analog Devices, have delivered strong year-to-date results that support the fund’s overall performance.
Broad Sector Diversification
Holdings spread across financials, technology, health care, industrials, consumer sectors, communication services, and energy help reduce the impact of weakness in any single industry.
Negative Factors
High Expense Ratio
The fund’s relatively high fee means more of the returns go toward costs instead of staying with investors.
Concentration in U.S. Market
With almost all assets in U.S. companies, the ETF is heavily tied to the health of the U.S. economy and offers limited global diversification.
Several Weak Key Holdings
Important positions like Microsoft, Intercontinental Exchange, Waters, and Aon have shown weak year-to-date performance, which can drag on the fund’s results if the trend continues.
EQTY vs. SPDR S&P 500 ETF (SPY)
AUM1.47B
RegionGlobal
Expense Ratio0.99%
Beta0.87
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. Volume12,874
30 Day Avg. Volume19,998
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
34.53Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering38
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
EQTY Summary
The Kovitz Core Equity ETF (EQTY) is an actively managed fund that invests in a wide range of U.S. stocks across many sectors, rather than tracking a specific index. It mixes larger, more established companies with mid- and smaller-sized firms, aiming for a balance of growth and stability. Well-known holdings include Microsoft and Alphabet (Google’s parent company). An investor might choose EQTY for broad diversification in one fund and the potential for long-term growth. However, because it is heavily invested in the stock market, its value can go up and down with overall market conditions.
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 is leaning heavily on financials and Big Tech, with Charles Schwab, Visa, and Intercontinental Exchange acting as steady engines for the fund, helped by rising names like Microsoft. On the tech side, Microsoft and Alphabet give the portfolio a modern, AI-flavored edge, though Alphabet’s recent stretch has been more mixed. Health care exposure through Waters and Danaher adds a defensive tilt, even as Danaher has been lagging a bit. Overall, it’s a globally focused, finance-and-tech-driven story with a few industrial and consumer names rounding out the mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Charles Schwab | 4.95% | $72.74M | $194.15B | 12.92% | 74 Outperform | |
| Microsoft | 4.77% | $70.14M | $3.65T | -2.05% | 79 Outperform | |
| Visa | 4.65% | $68.36M | $717.21B | 9.58% | 70 Outperform | |
| Intercontinental Exchange | 4.34% | $63.81M | $90.82B | -8.67% | 80 Outperform | |
| Aon | 4.12% | $60.56M | $75.27B | -3.91% | 66 Neutral | |
| Philip Morris | 4.02% | $58.99M | $302.25B | 18.22% | 61 Neutral | |
| Waters | 3.97% | $58.33M | $40.72B | 40.57% | 70 Outperform | |
| Alphabet Class C | 3.86% | $56.75M | $4.22T | 62.86% | 82 Outperform | |
| Analog Devices | 3.62% | $53.19M | $181.06B | 45.52% | 78 Outperform | |
| Danaher | 3.45% | $50.67M | $151.82B | 5.05% | 75 Outperform |
EQTY Technical Analysis
Positive
―
Price Trends
28.86
Positive
28.10
Positive
27.44
Positive
Market Momentum
0.29
Positive
62.06
Neutral
82.67
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 29.78, equal to the 50-day MA of 28.86, and equal to the 200-day MA of 27.44, indicating a bullish trend. The MACD of 0.29 indicates Positive momentum. The RSI at 62.06 is Neutral, neither overbought nor oversold. The STOCH value of 82.67 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
Performance Comparison
EQTY
Kovitz Core Equity ETF
29.92
3.89
14.94%
JGLO
JPMorgan Global Select Equity ETF
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CGDG
Capital Group Dividend Growers ETF
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CGGE
Capital Group Global Equity ETF
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BDYN
iShares Dynamic Equity Active ETF
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BFLX
iShares Flexible Equity Active 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.
DisclaimerThis 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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