UMDD offers a highly focused investment strategy, differentiating itself through its extreme concentration in a mere three holdings. This approach contrasts sharply with broader, more diversified ETFs. The fund's top allocations include Lumentum Holdings Inc, Coherent Corp, and TechnipFMC PLC, reflecting a targeted exposure to specific companies. This concentrated strategy is designed for investors with a high conviction in the selected holdings and a willingness to accept the associated risks. Unlike ETFs that track broad market indices or specific sectors with numerous constituents, UMDD provides a unique opportunity to gain exposure to a select few companies. However, this also means that the fund's performance is heavily reliant on the success of these individual holdings, making it a higher-risk, higher-potential-reward investment vehicle. Investors should carefully consider their risk tolerance and investment objectives before considering UMDD. Past performance does not guarantee future results.
UMDD (UMDD) ETF Analysis
UMDD is an ETF with a concentrated portfolio of just 3 holdings. The fund's top holdings include Lumentum Holdings Inc (LITE) at 0.91%, Coherent Corp (COHR) at 0.74%, and TechnipFMC PLC (FTI) at 0.49%. With a 0.00% dividend yield and a beta of 3.39, UMDD is designed for investors seeking highly targeted exposure, but it's crucial to consider the fund's concentrated nature and high beta, indicating potentially significant volatility relative to the broader market. Past performance does not guarantee future results.
UMDD (UMDD) ETF — Price, Holdings & Analysis
UMDD is an ETF with a concentrated portfolio of just 3 holdings. The fund's top holdings include Lumentum Holdings Inc (LITE) at 0.91%, Coherent Corp (COHR) at 0.74%, and TechnipFMC PLC (FTI) at 0.49%. With a 0.00% dividend yield and a beta of 3.39, UMDD is designed for investors seeking highly targeted exposure, but it's crucial to consider the fund's concentrated nature and high beta, indicating potentially significant volatility relative to the broader market. Past performance does not guarantee future results.
Descripción general del ETF
Métricas de riesgo
UMDD's risk profile is significantly influenced by its concentrated holdings. With only 3 companies in its portfolio, the fund's performance is highly dependent on the individual performance of Lumentum Holdings Inc, Coherent Corp, and TechnipFMC PLC. This concentration risk means that any adverse event affecting these companies could have a substantial negative impact on the fund's value. The ETF's beta of 3.39 indicates that it is significantly more volatile than the overall market. Furthermore, while the ETF itself may not have an expense ratio, the underlying costs associated with managing such a concentrated portfolio should be considered. Investors should be aware of the heightened volatility and concentration risk associated with UMDD before investing. Past performance does not guarantee future results.
Principales participaciones
- Lumentum Holdings Inc (LITE): 0.91%
- Coherent Corp (COHR): 0.74%
- TechnipFMC PLC (FTI): 0.49%
Rentabilidad por dividendo
0.00%
Métricas de riesgo
- Beta: 3.39
Preguntas y respuestas
What is UMDD and what does it track?
UMDD is an ETF characterized by its highly concentrated portfolio, holding only 3 companies. Unlike traditional ETFs that track broad market indices or specific sectors with numerous constituents, UMDD offers a unique approach by focusing on a select few companies. As of 2026-03-15, the top holdings include Lumentum Holdings Inc (LITE), Coherent Corp (COHR), and TechnipFMC PLC (FTI). This concentrated strategy is designed for investors with a high conviction in the selected holdings and a willingness to accept the associated risks. Investors should carefully consider their risk tolerance and investment objectives before considering UMDD.
What is the expense ratio for UMDD?
While the provided data does not explicitly state an expense ratio for UMDD, it is important to consider the costs associated with managing such a concentrated portfolio. Expense ratios typically cover the fund's operating expenses, including management fees, administrative costs, and other charges. Investors should consult the fund's official documentation or website to obtain the most up-to-date information on its expense ratio. Understanding the expense ratio is crucial for evaluating the overall cost-effectiveness of an ETF.
What are the top holdings in UMDD?
As of 2026-03-15, UMDD's portfolio is highly concentrated in just three holdings. The top three holdings are Lumentum Holdings Inc (LITE) at 0.91%, Coherent Corp (COHR) at 0.74%, and TechnipFMC PLC (FTI) at 0.49%. This concentrated approach means that the fund's performance is heavily reliant on the success of these individual companies. Investors should carefully research these companies and their respective industries before investing in UMDD to understand the potential risks and rewards.
Is UMDD a good long-term investment?
Evaluating UMDD as a long-term investment requires careful consideration of its unique characteristics. The fund's concentrated portfolio, with only 3 holdings, presents both opportunities and risks. While the potential for high returns exists if the selected companies perform well, the lack of diversification also increases the risk of significant losses if any of those companies underperform. The ETF's beta of 3.39 suggests higher volatility compared to the broader market. Investors should assess their risk tolerance and investment objectives before considering UMDD for long-term investment. Past performance does not guarantee future results.
How does UMDD compare to similar ETFs?
UMDD distinguishes itself from most ETFs through its extreme concentration in just 3 holdings. Most ETFs aim to provide diversification across a broader range of assets, whether it's tracking a market index or focusing on a specific sector with numerous companies. UMDD's strategy is designed for investors seeking highly targeted exposure to a select few companies. This concentrated approach results in a higher risk and potentially higher reward profile compared to more diversified ETFs. Investors should carefully consider their risk tolerance and investment objectives when comparing UMDD to other ETFs.
Does UMDD pay dividends?
According to the provided data, UMDD has a dividend yield of 0.00%. This indicates that the fund does not currently distribute dividends to its shareholders. Investors seeking income-generating investments may want to consider other ETFs with higher dividend yields. However, it's important to note that dividend yields can fluctuate over time and are not guaranteed.