ERSX Performance — ERShares NextGen Entrepreneurs ETF
Data updated: 2024-02-29
ERSX returned +4.72% over one year to Dec 2023. The annualised 3-year return is −12.34%. The fund trailed its International Thematic Equity category average: $100 invested three years ago grew to $67, against $93 for the category, and to $105 over one year, against $117. Volatility over the past three years was 21.58% a year. In the 12 months to Dec 2023 the fund lost a net $383K, and assets reached $20.94M.
ERSX Growth of $100
What $100 invested in ERShares NextGen Entrepreneurs ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Thematic Equity category average over the same months.
| Period | ERSX | Category average |
|---|---|---|
| 1 year (Jan 2023 – Dec 2023) | $105 | $117 |
| 3 years (Jan 2021 – Dec 2023) | $67 | $93 |
| Since data start (Jan 2020 – Dec 2023) | $91 | $108 |
ERSX Trailing Returns
Total returns to Dec 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +4.72% |
| 3 years (annualised) | −12.34% |
ERSX Annual Returns
Calendar-year total returns of ERShares NextGen Entrepreneurs ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 | +4.72% |
| 2022 | −32.82% |
| 2021 | −4.26% |
| 2020 | +35.22% |
ERSX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +9.4% | −4.4% | +0.4% | +0.2% | −3.4% | +3.6% | +6.2% | −6.5% | −7.6% | −5.4% | +7.5% | +6.7% |
| 2022 | −13.4% | −1.3% | −3.2% | −7.8% | −2.2% | −7.2% | +5.7% | −5.1% | −11.4% | +4.3% | +8.8% | −3.9% |
| 2021 | +5.8% | +2.2% | −9.6% | +2.8% | −1.3% | +5.0% | −5.2% | +6.6% | −5.2% | +5.6% | −9.2% | +0.1% |
| 2020 | −5.4% | −5.9% | −21.6% | +20.3% | +13.0% | +2.6% | +5.7% | +7.2% | −0.1% | +0.5% | +11.5% | +9.4% |
ERSX Risk
Risk measures from monthly returns over Jan 2021 – Dec 2023.
- 3-year volatility (annualised): 21.58%
- 3-year Sharpe ratio: -0.78 (vs 4.5% risk-free rate)
- Best month: +9.37% (Jan 2023)
- Worst month: −13.37% (Jan 2022)
ERSX Fund Flows
Monthly money in and out of ERShares NextGen Entrepreneurs ETF, from SEC Form N-PORT.
- 12-month net flow: −$383K
- 12-month gross sales (incl. reinvestments): −$250
- Sales ÷ redemptions: -0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Dec 2023 | $0 | $0 | $0 |
| Nov 2023 | $0 | $0 | $0 |
| Oct 2023 | $0 | $0 | $0 |
| Sep 2023 | $0 | $0 | $0 |
| Aug 2023 | $0 | $0 | $0 |
| Jul 2023 | $0 | $0 | $0 |
| Jun 2023 | −$500 | $0 | −$500 |
| May 2023 | $0 | $0 | $0 |
| Apr 2023 | $0 | $0 | $0 |
| Mar 2023 | $250 | $382K | −$382K |
| Feb 2023 | $0 | $0 | $0 |
| Jan 2023 | $0 | $0 | $0 |
ERSX Assets Under Management
Net assets of ERShares NextGen Entrepreneurs ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-12-31 | $20.94M |
| 2023-09-30 | $19.38M |
| 2023-06-30 | $21.12M |
| 2023-03-31 | $21.08M |
| 2022-12-31 | $20.42M |
| 2022-09-30 | $18.75M |
| 2022-06-30 | $21.69M |
| 2022-03-31 | $26.68M |
| 2021-12-31 | $32.22M |
| 2021-09-30 | $40.57M |
| 2021-06-30 | $42.37M |
| 2021-03-31 | $42.02M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.