The Deep Value ETF
DEEP began tracking the Acquirers Deep Value Index, which shifted its strategy to target small cap and micro cap value stocks as of October 26, 2020. Prior to June 2020, the fund operated with a different sponsor.
as of
| Ticker | DEEP |
| Primary Exchange | NYSE |
| Expense Ratio | 0.80% |
| AUM | |
| Shares Outstanding | 1,000,000 |
| Launch | 9/23/14 |
| # of Holdings | |
| ETF Options | NO |
As of
| Index Ticker | DEEPI |
| Index Name | Acquirers Deep Value Index |
| Launch | 6/7/20 |
| Median Market Cap | $12.9B |
| Rebalancing Frequency | Quarterly |
| Price/Earnings | 6.7x |
| Price/Book | 1.0x |
| Price/Sales | 0.5x |
| Price/CashFlow | 3.6x |
| EV/EBIT |
GICS Sector Breakdown
Market Capitalization Breakdown
The Roundhill Acquirers Deep Value ETF (“DEEP ETF”) is designed to offer retail and institutional investors exposure to deeply valued stock, seeking to provide investment results that closely correspond, before fees and expenses, to the performance of the Acquirers Deep Value Index (“DEEP Index”).
The Acquirers Deep Value Index seeks to find deeply undervalued small-and-micro cap stocks using the Acquirers Multiple®, the measure used by activists and buyout firms to identify targets.
An index is unmanaged and is not available for direct investment.
As of
| NAV | Market Price | ||
|---|---|---|---|
| Net Asset Value | Closing Price | ||
| Change ($) | Change ($) | ||
| Change (%) | Change (%) | ||
As of
| DEEP as of 9/30/20 |
1 Year | 3 Year | 5 Year | Since Inception (as of 09/23/14) |
|
|---|---|---|---|---|---|
| NAV | -20.63% | -4.67% | 4.97% | 12.77% | |
| Market Price | -20.51% | -4.56% | 5.08% | 12.94% |
| Expense Ratio | |||||
|---|---|---|---|---|---|
| Gross | 0.80% |
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Returns less than one year are not annualized. For the most recent month-end performance, please call (855) 561-5728. You cannot invest directly in an index. Shares are bought and sold at market price (closing price), not net asset value (NAV), and are individually redeemed from the Fund. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated. Brokerage commissions will reduce returns.
as of
| Weight | Name | Ticker |
|---|
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.
As of
| NAV | Premium/ Discount | Median Bid/Ask Spread |
|---|---|---|
| 0.35% |
Roundhill ETFs trade intraday on an exchange. ETFs are available through various channels including broker-dealers, investment advisers, and other financial services firms, including:*
Questions
The Deep Value ETF launched on 9/23/2014 under the ticker DVP.
The transition took place on 06/22/2020
The current ticker for this fund is DEEP. It previously traded under the ticker DVP.
The ticker DVP is no longer active. Having said that, it may still be in use in some places immediately following the transition. If you are seeing the ticker DVP, please let us know by emailing info@roundhillinvestments.com.
The DEEP Value ETF continues to trade on the New York Stock Exchange (NYSE), the same exchange it traded on in its old form.
DEEP is currently available on a number of brokerage platforms. If you work with a financial adviser, it will depend on whether DEEP is “approved”, which your financial adviser will be able to answer.
To the best of our knowledge, those who can buy US-listed stocks and ETFs should be able to access DEEP. Please check your brokerage platform or with your financial advisor.
The current expense ratio is 0.80%.
Not at this time.
The Index that the DEEP Value ETF tracks, the “Acquirers Deep Value Index”, is maintained by Tobias Carlisle (“Toby”) of the Acquirers Funds, LLC.
Tobias Carlisle is the creator of The Acquirer’s Multiple® and founder of Acquirers Funds® a deep-value investment firm located in Los Angeles, California.
He is the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple, the Amazon best-sellers Deep Value (2014), and Quantitative Value (2012) and Concentrated Investing (2016). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.
The ETF consists of an equal-weight portfolio of US-listed companies that are identified by the Index as deeply undervalued, small-and-micro cap companies.
Effective June 22, 2020, Roundhill Financial Inc. became the fund's sponsor and the fund's name, ticker, benchmark index, and investment objective changed. DEEP previously traded as the Deep Value ETF, ticker DVP. Exchange-Traded Concepts, LLC remains the fund's investment adviser.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the DEEP ETF please call 1-855-561-5728 or visit the website at https://www.roundhillinvestments.com/etf/deep. Read the prospectus or summary prospectus carefully before investing.
Investing involves risk, including possible loss of principal. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. Historically, small and micro cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies. Please see the prospectus for details of these and other risks.
Distributed by Quasar Distributors, LLC.
*Neither Roundhill Investments nor DEEP ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.
