ETF Quote Details
|NAV (month end)||24.84|
|Premium (+)/Discount (-) (month end)||-1.27|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
Zacks Premium - The only way to get access to the Zacks Rank
ETF Expense Ratio
|Dividend (Yield)||$0.09 (0.39%)|
The Media Intellidex is comprised of stocks of 30 U.S. media companies. These are companies that are principally engaged in the development, production, sale and distribution of goods or services used in the media industry. These companies may include, for example, advertising, marketing and public relations companies; companies that own, operate, or broadcast free or pay television, radio.
It is based on the Dynamic Media Intellidex Index. It invests at least 90% of its total assets in common stocks that comprise the Index which designs to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.