Is Amplify Etho Climate Leadership U.S. ETF (ETHO) a Strong ETF Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 11 2024
0mins
Source: NASDAQ.COM
- Amplify Etho Climate Leadership U.S. ETF (ETHO): A smart beta exchange-traded fund launched in 2015, providing exposure to the Style Box - All Cap Growth category of the market.
- Smart Beta ETFs: These ETFs track non-cap weighted strategies for investors who believe in superior stock selection over market efficiency.
- Fund Sponsor & Index: Sponsored by Amplify Etfs, ETHO seeks to match the performance of the Etho Climate Leadership Index, focusing on U.S. companies with low carbon impact.
- Cost & Other Expenses: With an expense ratio of 0.45%, ETHO offers transparency and diversified exposure, emphasizing cheaper funds for better returns.
- Performance and Risk: ETHO has shown gains of 0.83% this year and 10.88% in the past year, with a beta of 1.11 and standard deviation of 19.99% for diversification.
Analyst Views on WSM
Wall Street analysts forecast WSM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for WSM is 203.67 USD with a low forecast of 175.00 USD and a high forecast of 230.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
6 Buy
7 Hold
0 Sell
Moderate Buy
Current: 215.540
Low
175.00
Averages
203.67
High
230.00
Current: 215.540
Low
175.00
Averages
203.67
High
230.00
About WSM
Williams-Sonoma, Inc. is an omnichannel specialty retailer of products for the home. Its products, representing distinct merchandise strategies, such as Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home, Rejuvenation, Mark and Graham, and GreenRow are marketed through e-commerce Websites, retail stores and direct-mail catalogs. These brands are also part of The Key Rewards, its loyalty and credit card program that offers members benefits across the Williams-Sonoma family of brands. Williams Sonoma products offer everything for cooking, dining and entertaining, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture and a vast library of cookbooks. It operates in the United States, Puerto Rico, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unaffiliated franchisees that operate stores in the Middle East, the Philippines, Mexico, South Korea and India.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
