LHA Market State Alpha Seeker ETF

Frequently Asked Questions About MSVX

What does MSVX invest in?

The fund is an actively-managed exchange-traded fund (“ETF”) and seeks to achieve its objective principally by investing long or short in instruments linked directly or indirectly to the performance and/or volatility of the S&P 500 Index based on quantitative analyses that seek to estimate the direction of the U.S. equity market. It is non-diversified.

What is the expense ratio of MSVX?

LHA Market State Alpha Seeker ETF (MSVX) charges an expense ratio of 1.26%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MSVX?

LHA Market State Alpha Seeker ETF (MSVX) manages $18.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is MSVX actively managed or an index fund?

MSVX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (MSVX's is 1.26%) because there's no security selection cost.

When was MSVX launched?

LHA Market State Alpha Seeker ETF (MSVX) launched in May 2020 and is managed by the fund issuer.

How has MSVX performed?

MSVX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.