Barclays CAPE Shiller ETN Outpreforms the SPYBarclays' CAPE Shiller ETN provides equal weighted exposure to the 4 sectors most undervalued (via cyclically adjusted price to earnings ratio aka CAPE) with relative price momentum in the SPX500 Universe.
So far it has been outpreforming the SPY
CAPE has a 0.45% expense ratio vs the 0.095% of th
Key stats
About DoubleLine Shiller CAPE U.S. Equities ETF
Home page
Inception date
Mar 31, 2022
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Doubleline ETF Adviser LP
Distributor
Foreside Fund Services LLC
CAPE aims to beat the S&P 500 Index by actively investing in US stocks of various sizes, excluding penny stocks. The fund considers constituents of the Shiller Barclays CAPE US Sector TR USD Index. Each month, the index considers five sectors deemed most undervalued according to their modified CAPE (cyclically adjusted price earnings) ratio. The sector with the lowest 12-month price momentum is excluded. The remaining four sectors are equally weighted and constitute the portfolio. By using the modified CAPE ratio, the fund analyzes longer-term performance of sectors that consistently trade at certain levels that may be overlooked by the classic CAPE ratio. The non-transparent fund does not provide daily disclosure of its portfolio. As such, there is a risk that shares of the fund may trade at wider spreads than other ETFs that disclose holdings daily, especially during periods of volatility. Prior to May 25, 2022, the fund traded under the ticker DCPE.
Classification
What's in the fund
Exposure type
Finance
Consumer Non-Durables
Retail Trade
Technology Services
Consumer Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CAPE trades at 30.40 USD today, its price has fallen −0.37% in the past 24 hours. Track more dynamics on CAPE price chart.
CAPE net asset value is 30.41 today — it's risen 3.44% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CAPE assets under management is 299.94 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CAPE price has risen by 2.64% over the last month, and its yearly performance shows a 10.88% increase. See more dynamics on CAPE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.44% over the last month, showed a −2.83% decrease in three-month performance and has increased by 12.29% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.44% over the last month, showed a −2.83% decrease in three-month performance and has increased by 12.29% in a year.
CAPE fund flows account for −127.62 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CAPE invests in stocks. See more details in our Analysis section.
CAPE expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CAPE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CAPE technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CAPE shows the buy signal. See more of CAPE technicals for a more comprehensive analysis.
Today, CAPE technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CAPE shows the buy signal. See more of CAPE technicals for a more comprehensive analysis.
Yes, CAPE pays dividends to its holders with the dividend yield of 1.23%.
CAPE trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CAPE shares are issued by Doubleline ETF Holdings LP
CAPE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 31, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.