LDRX SGI Enhanced Market Leaders ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
SGI Enhanced Market Leaders ETF (LDRX) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2025-05-02
- Has Options
- No
- Expense ratio
- 0.59% prospectus, filed Jan 5, 2026
- Assets
- $248M SEC filing, May 31, 2026
- Trailing yield
- 0.98% paid quarterly
- Average daily volume
- $127K 30 sessions
- Holdings
- 118 top 10 are 55.4%
- Listed
- May 2, 2025 Nasdaq
- Last fee change
- +9 bp filed Dec 30, 2025
Moves with. US large-cap stocks (87% of its variance, beta 0.97); Value over growth (10% of its variance, beta -0.12). These factors explain 95% of its daily moves over the last year.
Stated objective. The investment objective of the SGI Enhanced Market Leaders ETF (the Fund) is to seek capital appreciation and current income. (from the fund's prospectus)
All 118 holdingsFlow historySimilar fundsOverlap toolAll Multi-Factor ETFs
- May 2026
- +$1.6M latest reported month
- Latest 3 months
- +$10M +4.2% of assets
- Latest 12 months
- +$20M +8.1% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$1.6M |
| Apr 2026 | +$309K |
| Mar 2026 | +$8.5M |
| Feb 2026 | +$18M |
| Jan 2026 | −$330K |
| Dec 2025 | −$987K |
| Nov 2025 | $0 |
| Oct 2025 | −$1.0M |
| Sep 2025 | −$1.6M |
| Aug 2025 | −$2.6M |
| Jul 2025 | −$1.4M |
| Jun 2025 | $0 |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 14 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| OEFiShares S&P 100 ETF | 93% | 0.20% | $20.4B | +12.9% | compare |
| MGCVanguard Morningstar Mega Cap ETF | 85% | 0.05% | $10.2B | +13.9% | compare |
| XLGInvesco S&P 500 Top 50 ETF | 83% | 0.20% | $11.6B | +7.7% | compare |
| IWLiShares Russell Top 200 ETF | 81% | 0.15% | $2.2B | +13.1% | compare |
| BIGYYieldMax Target 12 Big 50 Option Income ETF | 81% | 1.09% | $54M | −3.3% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- +1.0% 20% under, 28% over · 100% covered
- Price / earnings
- 25.9 1% loss-making · 100% covered
- Price / book · sales
- 6.2 · 4.8 revenue growth +15.7%
- Above 200-day average
- 72% 46% above 50-day · by weight
- Short interest
- 1.5% of float, weighted · 2.6 days to cover
- Insider buying
- 3% of weight had net insider buying, 90 days; 72% net selling
- 13F holders
- +2.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 35.6% of weight in 7 days; 54.0% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | MUMicron Technology Inc | — | 2.39% | — |
| New position | LRCXLam Research Corp | — | 0.90% | — |
| New position | AMATApplied Materials Inc | — | 0.80% | — |
| New position | GEVGE Vernova Inc | — | 0.55% | — |
| Increase | WMTWalmart Inc | 0.68% | 0.97% | +82.3% |
| Increase | METAMeta Platforms Inc | 3.37% | 3.18% | +12.3% |
| Decrease | TAT&T Inc | 0.51% | 0.35% | −10.5% |
| Exit | TGTTarget Corp | 0.12% | — | — |
| Exit | PYPLPayPal Holdings Inc | 0.11% | — | — |
| Exit | AIGAmerican International Group I | 0.10% | — | — |
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-28 | 2026-09-29 | $0.0400 | CD |
| 2026-06-29 | 2026-06-30 | $0.0400 | CD |
| 2026-03-30 | 2026-03-31 | $0.0400 | CD |
| 2025-12-23 | 2025-12-24 | $0.2382 | CD |
| 2025-09-26 | 2025-09-29 | $0.0752 | CD |
| 2025-06-26 | 2025-06-27 | $0.0780 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| NVDA | NVIDIA Corp | 10.73% | Equity (common) | US |
| AAPL | Apple Inc | 9.34% | Equity (common) | US |
| GOOGL | Alphabet Inc | 8.57% | Equity (common) | US |
| MSFT | Microsoft Corp | 6.99% | Equity (common) | US |
| AMZN | Amazon.com Inc | 5.53% | Equity (common) | US |
| AVGO | Broadcom Inc | 4.49% | Equity (common) | US |
| META | Meta Platforms Inc | 3.18% | Equity (common) | US |
| TSLA | Tesla Inc | 2.61% | Equity (common) | US |
| MU | Micron Technology Inc | 2.39% | Equity (common) | US |
| BRK.B | Berkshire Hathaway Inc | 1.79% | Equity (common) | US |
| LLY | Eli Lilly & Co | 1.79% | Equity (common) | US |
| AMD | Advanced Micro Devices Inc | 1.69% | Equity (common) | US |
| JPM | JPMorgan Chase & Co | 1.69% | Equity (common) | US |
| XOM | Exxon Mobil Corp | 1.19% | Equity (common) | US |
| V | Visa Inc | 1.13% | Equity (common) | US |
| — | Mount Vernon Liquid Assets Portfolio, LLC | 1.12% | Short-term investment | US |
| INTC | Intel Corp | 1.09% | Equity (common) | US |
| JNJ | Johnson & Johnson | 1.07% | Equity (common) | US |
| WMT | Walmart Inc | 0.97% | Equity (common) | US |
| CSCO | Cisco Systems Inc | 0.95% | Equity (common) | US |
| LRCX | Lam Research Corp | 0.90% | Equity (common) | US |
| COST | Costco Wholesale Corp | 0.85% | Equity (common) | US |
| CAT | Caterpillar Inc | 0.84% | Equity (common) | US |
| MA | Mastercard Inc | 0.84% | Equity (common) | US |
| ORCL | Oracle Corp | 0.82% | Equity (common) | US |
| AMAT | Applied Materials Inc | 0.80% | Equity (common) | US |
| PLTR | Palantir Technologies Inc | 0.77% | Equity (common) | US |
| ABBV | AbbVie Inc | 0.75% | Equity (common) | US |
| UNH | UnitedHealth Group Inc | 0.74% | Equity (common) | US |
| NFLX | Netflix Inc | 0.72% | Equity (common) | US |
| BAC | Bank of America Corp | 0.71% | Equity (common) | US |
| GE | General Electric Co | 0.70% | Equity (common) | US |
| CVX | Chevron Corp | 0.68% | Equity (common) | US |
| PG | Procter & Gamble Co/The | 0.68% | Equity (common) | US |
| HD | Home Depot Inc/The | 0.66% | Equity (common) | US |
| GS | Goldman Sachs Group Inc/The | 0.65% | Equity (common) | US |
| KO | Coca-Cola Co/The | 0.62% | Equity (common) | US |
| IBM | IBM | 0.58% | Equity (common) | US |
| MRK | Merck & Co Inc | 0.57% | Equity (common) | US |
| TXN | Texas Instruments Inc | 0.57% | Equity (common) | US |
| PM | Philip Morris International In | 0.57% | Equity (common) | US |
| GEV | GE Vernova Inc | 0.55% | Equity (common) | US |
| QCOM | QUALCOMM Inc | 0.55% | Equity (common) | US |
| MS | Morgan Stanley | 0.53% | Equity (common) | US |
| WFC | Wells Fargo & Co | 0.50% | Equity (common) | US |
| RTX | RTX Corp | 0.49% | Equity (common) | US |
| — | First American Government Obli | 0.49% | Short-term investment | US |
| C | Citigroup Inc | 0.47% | Equity (common) | US |
| — | Linde PLC | 0.46% | Equity (common) | US |
| MCD | McDonald's Corp | 0.41% | Equity (common) | US |
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 1.62% | $4.0M | 2 |
| Month | '25 | '26 | Avg |
|---|---|---|---|
| Jan | -- | 0.34% | 0.34% |
| Feb | -- | -3.05% | -3.05% |
| Mar | -- | -4.74% | -4.74% |
| Apr | -- | 10.76% | 10.76% |
| May | 3.69% | 5.78% | 4.74% |
| Jun | 5.47% | -3.12% | 1.17% |
| Jul | 1.28% | 0.54% | 0.91% |
| Aug | 3.34% | 1.47% | 2.40% |
| Sep | 5.25% | 1.38% | 3.31% |
| Oct | 3.31% | -1.24%* | 1.04% |
| Nov | -0.46% | -- | -0.46% |
| Dec | -0.33% | -- | -0.33% |
| Total | 23.48% | 7.44% | 15.46% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Here is my response in the required format:
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: The stock's recent price action has been largely range-bound, with no clear trend emerging. Technical indicators suggest a neutral market, while volatility and risk metrics indicate above-average risk.
Primary Risks: The stock's beta is higher than the broader market, indicating a potential for amplified movements in either direction. Recent trading activity suggests some institutional interest, which could impact price dynamics.
Investment Thesis: LDRX has been stuck in a range-bound environment, making it challenging to establish a clear bullish or bearish thesis. Further analysis is required to identify potential catalysts and improve the investment case.
Recent News Sentiment Impact: No recent news headlines available, making it difficult to assess their impact on the stock's price.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Range-bound
- Medium-term (1-3 months): Neutral
- Long-term (3-12 months): Bullish
Support/Resistance Levels:
- SMA 20: $36.66 (support)
- SMA 50: $36.03 (support)
- Upper Bollinger Band: $37.11 (resistance)
Momentum Signals: RSI interpretation: Neutral (57.10) MACD signal: Bullish (0.21 / Signal: -0.00 / Histogram: 0.21) Bollinger Bands position: Squeeze
Volume Analysis:
- Volume SMA 20: 4898.92
- On-Balance Volume (OBV): -128045.67 (negative indicator)
- Volume Rate of Change: 89.26% (suggests increasing volume)
News & Sentiment Analysis
Recent Headlines Summary: No recent news available.
Sentiment Assessment: Neutral, as no recent news has had a material impact on the stock's price.
Catalyst Identification: No upcoming events or catalysts that could significantly impact the stock's price in the near term.
Market Narrative: The lack of recent news and technical signals suggests a neutral market, with LDRX trading within its established range.
Risk & Volatility Assessment
Beta Interpretation: Above-average risk (beta: 1.03 vs SPY)
Volatility Regime: Above-average volatility (stock vol: 0.14)
Options Market Signals: IV rank: N/A Put/call ratios: N/A Unusual activity: No unusual options activity observed.
Downside Protection: Support levels are established at $36.66 (SMA 20) and $36.03 (SMA 50).
Market Context & Positioning
Sector Performance: LDRX is trading in line with its sector, the Technology sector.
Institutional Activity: Some institutional interest observed, which could impact price dynamics.
Correlation Analysis: R-squared interpretation suggests a strong positive correlation between LDRX and the broader market (0.95).
Relative Valuation: The stock's price is within its established trading range, making it challenging to establish a clear relative valuation assessment.
Key Levels & Action Items
Critical Price Levels:
- Support: $36.66 (SMA 20) and $36.03 (SMA 50)
- Resistance: $37.11 (Upper Bollinger Band)
Breakout/Breakdown Levels:
- Breakout above $37.11 could trigger a bullish move
- Breakdown below $36.03 could lead to further selling
Time-Sensitive Catalysts: No time-sensitive catalysts available.
Risk Management: Stop-loss levels should be set at or near the critical price levels mentioned above, with position sizing considerations factoring in the stock's above-average volatility.
LDRX Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Above average volatility - stock moves with market amplification
LDRX Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|