NOPE Performance — Noble Absolute Return ETF
Data updated: 2023-07-28
In the 12 months to May 2023 the fund took in a net $119.4M, and assets reached $28.51M.
NOPE Growth of $100
What $100 invested in Noble Absolute Return ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Real Estate category average over the same months.
| Period | NOPE | Category average |
|---|---|---|
| Since data start (Sep 2022 – May 2023) | $46 | $96 |
NOPE Annual Returns
Calendar-year total returns of Noble Absolute Return ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–May) | −64.17% |
| 2022 (Sep–Dec) | +29.41% |
NOPE 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 | −56.8% | −11.3% | −1.6% | +0.7% | −5.8% | — | — | — | — | — | — | — |
| 2022 | — | — | — | — | — | — | — | — | +0.2% | −20.7% | +6.9% | +52.4% |
NOPE Risk
Risk measures from monthly returns over Sep 2022 – May 2023.
- Best month: +52.43% (Dec 2022)
- Worst month: −56.78% (Jan 2023)
NOPE Fund Flows
Monthly money in and out of Noble Absolute Return ETF, from SEC Form N-PORT.
- 12-month net flow: $119.4M
- 12-month gross sales (incl. reinvestments): $88.4M
- Sales ÷ redemptions: -2.85×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2023 | $0 | −$2.7M | $2.7M |
| Apr 2023 | $0 | −$1.2M | $1.2M |
| Mar 2023 | $3.3M | −$3.7M | $7.1M |
| Feb 2023 | $9.0M | −$6.1M | $15.0M |
| Jan 2023 | $41.3M | −$12.3M | $53.6M |
| Dec 2022 | $9.8M | −$4.5M | $14.3M |
| Nov 2022 | $6.9M | −$489K | $7.4M |
| Oct 2022 | $17.6M | $0 | $17.6M |
| Sep 2022 | $500K | $0 | $500K |
NOPE Assets Under Management
Net assets of Noble Absolute Return ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-05-31 | $28.51M |
| 2023-02-28 | $34.99M |
| 2022-11-30 | $22.07M |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.