Since inception in 2014, DIVY has exhibited a Sharpe Ratio of 1.35 and a Sortino Ratio of 2.48, which we believe are strong risk-adjusted returns within the alternative ETF landscape.
As of Dec. 17, 2017, the fund is up 5.29 percent year-to-date and 5.62 percent on an annualized basis since inception (Dec. 18, 2014), with an annualized standard deviation of 3.90 percent since inception.
“We created DIVY to provide an absolute return strategy that offers advisors and retail investors lower volatility,” said Eric Ervin, CEO of Reality Shares. “Investors wary of the volatility associated with equities but looking to complement their fixed income strategies have embraced the innovative methodology DIVY seeks to track.”
For investors concerned about uncertain and choppy markets ahead, DIVY historically offered a negative correlation to the Bloomberg Barclays US Aggregate Bond Index and a volatility profile lower than the broader market.
Due to its historical performance and innovative strategy, DIVY has received multiple ETF industry accolades, including “Alternative ETF of the Year” at the 2017 Fund Action ETF Innovation Awards and “Most Innovative ETF – Americas” at the 12th annual Global ETF Awards in 2016.
|3Y Anniversary Performance|
(as of December 17, 2017)
|For the Period||1M||3M||YTD||1Y||3Y|
|DIVY Market Price||1.80%||2.70%||5.39%||5.93%||5.66%||17.94%||5.66%||5.32%|
|Barclays US Agg. Bond||0.43%||0.24%||3.64%||4.69%||2.34%||7.17%||2.34%||3.18%|
|HFRX Global Hedge Fund||0.45%||0.97%||5.15%||5.24%||1.81%||5.74%||1.81%||3.47%|
|Month End Performance|
(as of November 30, 2017)
|For the Period||1M||3M||YTD||1Y|
|DIVY Market Price||1.01%||1.64%||4.22%||7.41%||16.63%||5.34%||5.36%|
|Barclays US Agg. Bond||-0.13%||-0.55%||3.07%||3.21%||6.58%||2.18%||3.21%|
|HFRX Global Hedge Fund||0.07%||1.36%||5.22%||6.12%||5.81%||1.93%||3.43%|
|Quarter End Performance|
(as of September 30, 2017)
|For the Period|
|DIVY Market Price||0.94%||6.53%||14.35%||4.93%|
|Barclays US Agg. Bond||0.85%||0.07%||6.65%||2.34%|
|HFRX Global Hedge Fund||1.83%||5.64%||5.02%||1.77%|
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. These numbers are gross and do not reflect fees and brokerage commissions. Market price returns are based on the midpoint of the bid/ask spread at 4 pm ET and do not represent the returns an investor would receive if shares were traded at other times. Returns over one year are annualized. ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Visit realityshares.com for performance data current to the most recent month end.
Sharpe ratio: average return earned in excess of the risk-free rate per unit of volatility or total risk.
Sortino ratio: a variation of the Sharpe ratio that differentiates harmful volatility from total overall volatility by using the asset's standard deviation of negative asset returns, called downside deviation
S&P 500 Index: A broad stock market index of 500 large companies based on market capitalization.
S&P 500 Total Return Index: A broad stock market index of 500 large companies based on market capitalization.
Barclays U.S. Aggregate Bond Index: Represents investment grade bonds traded in the U.S.
HFRX Global Hedge Fund Index: Represents the overall composition of the hedge fund universe
About Reality Shares
Reality Shares is an innovative asset management firm, ETF issuer and index provider. Reality Shares' goal is to democratize the world's best investing ideas, using systematic quantitative methods to deliver products and solutions that seek to support a wide range of investing objectives, such as diversification, lower correlation, risk mitigation, or unique market exposures.
Carefully consider the investment objective, risks, charges and expenses before investing in Reality Shares ETFs. This and other important information can be found in the Fund's prospectus, which may be obtained by calling 855-595-0240 or by visiting us at realityshares.com. Please read the prospectus carefully before investing.
The DIVY Fund is actively managed and there is no guarantee the Fund’s investment strategies will be successful. The Fund’s derivative investments in swaps, futures and forwards are subject to a number of risks, including correlation risk, market risk, counterparty credit risk and liquidity risk, which may negatively impact the Fund’s investment strategies and could cause the Fund to lose money. The Fund does not capture dividend payments or generate dividend income, and is not appropriate for investors seeking dividend income. The Fund uses a dividend isolation strategy whereby investment returns are based primarily on the change in expected dividend values reflected in the prices of the Fund's portfolio holdings.
These are exchange traded funds and there is no guarantee that their investment goals and strategies will be successful. The Funds are not designed to deliver substantial dividend income, and may not be appropriate for investors seeking dividend income.
Dividends are not guaranteed and can change or stop being paid without notice.
The Reality Shares DIVS ETF (the ‘‘Fund’’) seeks to produce long-term capital appreciation
Historical data relative to companies that have or have not paid dividends is no indication of how the ETF will perform, since investors are not directly investing in these companies.
ETF shares are bought and sold at market price, not NAV, and are not individually redeemable. Owners may acquire shares from the Fund and tender shares for redemption to the Fund in creation units only.
Reality Shares Advisors, LLC is the Investment Advisor. ALPS Distributors, Inc. is the Distributor for the Fund. ALPS Distributors, Inc. is not affiliated with Reality Shares Advisors, LLC.
Copyright © 2017 Reality Shares, Inc. All rights reserved.
Jill Tatios, 215-240-6398