Essential 40 Stock ETF (ESN)Large Value | Exchange Traded Fund | NasdaqGM
19.87 USD
+0.02
(0.108%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:18 a.m. EDT
The Essential 40 Stock ETF presents a classic case of a newly launched vehicle where the price chart offers no historical context, forcing a reliance entirely on the underlying basket's quality. The recent price action shows a modest uptick, climbing from the mid-$19s toward the $20 mark over the last two weeks, which aligns with the positive 10% drift seen against the 200-day average. This suggests some initial capital inflow or sector rotation favoring the holdings, though the volume remains well below the average, indicating a lack of broad retail enthusiasm. The statistical forecast models a slight upward lean for the coming month, but given the 'newly listed' status, these technical signals are inherently noisy and should be treated with caution rather than as a definitive entry trigger. On the fundamental side, the ETF trades at a premium P/E of roughly 22, which is standard for a diversified equity fund but implies expectations of continued growth from its constituents. The critical limitation here is the absence of multi-year price history; without a track record of how the fund performed through various market cycles, it is impossible to validate the manager's ability to generate alpha or preserve capital during downturns. Consequently, the long-term assessment remains neutral, as the market has not yet had time to reward or punish the strategy. The dividend yield is negligible at less than 1%, reflecting the growth-oriented nature of the underlying stocks rather than a mature income strategy. Until the fund establishes a multi-year performance record, investors should view it as a speculative bet on the future composition of the 'essential 40' rather than a proven investment vehicle. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.042560 |
| MSTL | 0.046325 |
| AutoETS | 0.049004 |
| AutoARIMA | 0.049004 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 59% |
| H-stat | 3.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.036 |
| Excess Kurtosis | 0.20 |
| Attribute | Value |
|---|---|
| Trailing P/E | 21.98 |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.91% | 0.91% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-11 | 0.156 | 0.905082 |
| 2024-12-11 | 0.113 | 0.730682 |
| Attribute | Value |
|---|---|
| All Time High | 20.21 |
| All Time Low | 13.526 |
| Ask | 25.43 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 53,810 |
| Average Daily Volume3 Month | 74,740 |
| Average Volume | 74,740 |
| Average Volume10Days | 53,810 |
| Beta3 Year | 0.77 |
| Bid | 14.26 |
| Bid Size | 2 |
| Category | Large Value |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.93 |
| Day Low | 19.86 |
| Dividend Yield | 0.77 |
| Eps Trailing Twelve Months | 0.90402526 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.5137 |
| Fifty Day Average Change | 0.35779953 |
| Fifty Day Average Change Percent | 0.018335812 |
| Fifty Two Week Change Percent | 23.26014 |
| Fifty Two Week High | 20.21 |
| Fifty Two Week High Change | -0.33849907 |
| Fifty Two Week High Change Percent | -0.01674909 |
| Fifty Two Week Low | 15.78 |
| Fifty Two Week Low Change | 4.0915003 |
| Fifty Two Week Low Change Percent | 0.25928393 |
| Fifty Two Week Range | 15.78 - 20.21 |
| First Trade Date Milliseconds | 1,729,517,400,000 |
| Five Year Average Return | 0.1214122 |
| Full Exchange Name | NasdaqGM |
| Fund Family | KKM Financial LLC |
| Fund Inception Date | 1,402,444,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-10-21 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively-managed exchange-traded fund (“ETF”) that normally invests at least 80% of its net assets in the common stocks of companies that comprise the Essential 40 Stock Index, which measures the investment return of the equity securities of forty blue-chip U.S. companies. Generally, the adviser anticipates that the fund will hold all forty of the securities that comprise the index in proportion to their weightings in the index. |
| Long Name | Essential 40 Stock ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_263680605 |
| Nav Price | 19.83 |
| Net Assets | 296,788,928.0 |
| Net Expense Ratio | 0.7 |
| Open | 19.93 |
| Previous Close | 19.85 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.021499634 |
| Regular Market Change Percent | 0.1083105 |
| Regular Market Day High | 19.93 |
| Regular Market Day Low | 19.86 |
| Regular Market Day Range | 19.86 - 19.93 |
| Regular Market Open | 19.93 |
| Regular Market Previous Close | 19.85 |
| Regular Market Price | 19.8715 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 78,132 |
| Short Name | Essential 40 Stock ETF |
| Source Interval | 15 |
| Symbol | ESN |
| Three Year Average Return | 0.1794117 |
| Total Assets | 296,788,928 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 21.981134 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 13.35616 |
| Trailing Three Month Returns | 13.35616 |
| Triggerable | 1 |
| Two Hundred Day Average | 18.07069 |
| Two Hundred Day Average Change | 1.8008099 |
| Two Hundred Day Average Change Percent | 0.09965363 |
| Type Disp | ETF |
| Volume | 78,132 |
| Yield | 0.0077 |
| Ytd Return | 15.86931 |