Seeking AlphaT3·29mo ago
RECS Columbia Research Enhanced Core 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.
RECS
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Key stats
About
Columbia Research Enhanced Core ETF (RECS) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2019-09-25
- Has Options
- No
Fund profile
holdings as of Oct 14, 2026third-party datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.15% prospectus, filed Feb 26, 2026
- Assets
- $6.2B shares × price, Oct 20, 2026
- Trailing yield
- 1.00% paid annual
- Average daily volume
- $24M 30 sessions
- Holdings
- 357 top 10 are 43.1%
- Listed
- Sep 25, 2019 NYSE Arca
- Tracking difference
- -1.22 pts vs index, after fees, FY 2025
Cost87
Liquidity80
Scale100
Diversification56
Moves with. US large-cap stocks (94% of its variance, beta 0.96). These factors explain 87% of its daily moves over the last year.
Stated objective. Columbia Research Enhanced Core ETF (the Fund) seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage Research Enhanced U.S. Equity Index (the Index). (from the fund's prospectus)
All 357 holdingsFlow historySimilar fundsOverlap toolAll Multi-Factor ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- +$11M latest reported month
- Latest 3 months
- +$211M +3.6% of assets
- Latest 12 months
- +$1.9B +33.2% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$11M |
| Jun 2026 | +$94M |
| May 2026 | +$106M |
| Apr 2026 | +$127M |
| Mar 2026 | +$181M |
| Feb 2026 | −$81M |
| Jan 2026 | +$258M |
| Dec 2025 | +$247M |
| Nov 2025 | +$243M |
| Oct 2025 | +$376M |
| Sep 2025 | +$150M |
| Aug 2025 | +$229M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 83 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| REVSColumbia Research Enhanced Value ETF | 58% | 0.19% | $379M | +22.1% | compare |
| VSLUApplied Finance Valuation Large Cap ETF | 45% | 0.49% | $546M | +16.4% | compare |
| AVUQAvantis U.S. Quality ETF | 43% | 0.15% | $419M | +13.1% | compare |
| MMTMState Street SPDR S&P 1500 Momentum Tilt ETF | 41% | 0.12% | $129M | +6.2% | compare |
| HLALWahed FTSE USA Shariah ETF | 41% | 0.50% | $972M | +23.7% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 14, 2026third-party data- Holdings vs fair value
- +6.8% 32% under, 18% over · 94% covered
- Price / earnings
- 24.1 3% loss-making · 94% covered
- Price / book · sales
- 4.3 · 2.0 revenue growth +13.4%
- Above 200-day average
- 76% 53% above 50-day · by weight
- Short interest
- 2.6% of float, weighted · 2.9 days to cover
- Insider buying
- 3% of weight had net insider buying, 90 days; 72% net selling
- 13F holders
- +1.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 20.1% of weight in 7 days; 54.9% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.57%
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.
What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | MSFTMicrosoft Corp | 6.30% | — | — |
| Exit | GOOGAlphabet Inc | 3.44% | — | — |
| New position | MAMastercard Inc | — | 2.46% | — |
| Exit | PGProcter & Gamble Co/The | 2.23% | — | — |
| New position | BACBank of America Corp | — | 2.09% | — |
| New position | MUMicron Technology Inc | — | 1.99% | — |
| Exit | GOOGLAlphabet Inc | 1.96% | — | — |
| Exit | XOMExxon Mobil Corp | 1.85% | — | — |
| Increase | METAMeta Platforms Inc | 2.42% | 4.17% | +57.2% |
| Exit | WFCWells Fargo & Co | 1.66% | — | — |
Under the hood
fiscal year to Oct 31, 2025SEC census- Authorized participants
- 6 active of 10 with agreements; top 3 did 94%
- Created · redeemed
- $3.3B · $838M over the fiscal year
- Redemptions in kind
- 98% creations 97% in kind
- Creation unit
- 25,000 shares
- Securities lending
- not authorized
- Return vs index
- -1.22 pts after fees; -1.04 before; daily s.d. 0.52
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-07-31
Holdings
360
AUM
$5.8B
Provider
Nport
Inception
2019-09-25
Exchange
ARCX
Data As Of
2026-07-31
Expense Ratio
0.15%
Dividend Yield
0.99%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-18 | 2025-12-26 | $0.4539 | CD |
| 2024-12-18 | 2024-12-26 | $0.3783 | CD |
| 2023-12-18 | 2023-12-26 | $0.2765 | CD |
| 2022-12-19 | 2022-12-27 | $0.3205 | CD |
| 2021-12-20 | 2021-12-27 | $5.5557 | CD |
Asset Allocation
Top Holdings
top 50 of 360 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| AAPL | Apple Inc | 11.50% | Equity (common) | US |
| NVDA | NVIDIA Corp | 11.42% | Equity (common) | US |
| META | Meta Platforms Inc | 4.17% | Equity (common) | US |
| MA | Mastercard Inc | 2.46% | Equity (common) | US |
| BAC | Bank of America Corp | 2.09% | Equity (common) | US |
| MU | Micron Technology Inc | 1.99% | Equity (common) | US |
| XLC | State Street Communication Services Select Sector SPDR ETF | 1.85% | Equity (common) | US |
| VOX | Vanguard Communication Services ETF | 1.79% | Equity (common) | US |
| TJX | TJX Cos Inc/The | 1.60% | Equity (common) | US |
| CVX | Chevron Corp | 1.52% | Equity (common) | US |
| MO | Altria Group Inc | 1.25% | Equity (common) | US |
| BMY | Bristol-Myers Squibb Co | 1.16% | Equity (common) | US |
| C | Citigroup Inc | 1.13% | Equity (common) | US |
| CSCO | Cisco Systems Inc | 1.12% | Equity (common) | US |
| CVS | CVS Health Corp | 1.09% | Equity (common) | US |
| SBUX | Starbucks Corp | 1.07% | Equity (common) | US |
| PH | Parker-Hannifin Corp | 0.90% | Equity (common) | US |
| SCHW | Charles Schwab Corp/The | 0.89% | Equity (common) | US |
| ADP | Automatic Data Processing Inc | 0.82% | Equity (common) | US |
| CL | Colgate-Palmolive Co | 0.79% | Equity (common) | US |
| AMAT | Applied Materials Inc | 0.78% | Equity (common) | US |
| GM | General Motors Co | 0.78% | Equity (common) | US |
| LRCX | Lam Research Corp | 0.74% | Equity (common) | US |
| ROST | Ross Stores Inc | 0.73% | Equity (common) | US |
| ELV | Elevance Health Inc | 0.73% | Equity (common) | US |
| GD | General Dynamics Corp | 0.71% | Equity (common) | US |
| PLTR | Palantir Technologies Inc | 0.71% | Equity (common) | US |
| HLT | Hilton Worldwide Holdings Inc | 0.69% | Equity (common) | US |
| NEE | NextEra Energy Inc | 0.67% | Equity (common) | US |
| PGR | Progressive Corp/The | 0.66% | Equity (common) | US |
| TGT | Target Corp | 0.65% | Equity (common) | US |
| CMI | Cummins Inc | 0.65% | Equity (common) | US |
| ABBV | AbbVie Inc | 0.64% | Equity (common) | US |
| PANW | Palo Alto Networks Inc | 0.63% | Equity (common) | US |
| CI | Cigna Group/The | 0.61% | Equity (common) | US |
| COP | ConocoPhillips | 0.61% | Equity (common) | US |
| ITW | Illinois Tool Works Inc | 0.61% | Equity (common) | US |
| BNY | Bank of New York Mellon Corp/The | 0.56% | Equity (common) | US |
| F | Ford Motor Co | 0.56% | Equity (common) | US |
| NEM | Newmont Corp | 0.54% | Equity (common) | US |
| EQIX | Equinix Inc | 0.52% | Equity (common) | US |
| CMCSA | Comcast Corp | 0.52% | Equity (common) | US |
| PCAR | PACCAR Inc | 0.51% | Equity (common) | US |
| FDX | FedEx Corp | 0.49% | Equity (common) | US |
| USB | US Bancorp | 0.49% | Equity (common) | US |
| MRSH | Marsh & McLennan Cos Inc | 0.48% | Equity (common) | US |
| CRWD | Crowdstrike Holdings Inc | 0.46% | Equity (common) | US |
| KLAC | KLA Corp | 0.44% | Equity (common) | US |
| ANET | Arista Networks Inc | 0.43% | Equity (common) | US |
| APH | Amphenol Corp | 0.43% | Equity (common) | US |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 1.59% | -3.70% | 5.55% | 3.01% | 2.60% | 0.56% | 1.60% |
| Feb | 1.33% | -3.82% | -2.74% | 4.15% | -0.37% | -1.30% | -0.46% |
| Mar | 3.65% | 4.55% | 2.95% | 3.09% | -3.74% | -4.88% | 0.94% |
| Apr | 4.14% | -6.60% | 1.44% | -3.88% | -1.50% | 7.36% | 0.16% |
| May | 0.69% | -0.02% | -0.86% | 4.77% | 5.37% | 3.72% | 2.28% |
| Jun | 2.28% | -8.05% | 5.41% | 3.13% | 4.99% | -1.52% | 1.04% |
| Jul | 2.42% | 6.76% | 3.32% | 1.05% | 2.44% | 0.68% | 2.78% |
| Aug | 3.66% | -2.71% | -2.06% | 3.43% | 4.97% | 2.40% | 1.61% |
| Sep | -5.08% | -9.62% | -4.38% | 3.38% | 4.29% | 0.07% | -1.89% |
| Oct | 5.27% | 5.91% | -2.03% | 0.98% | 1.46% | 1.26%* | 2.14% |
| Nov | -0.83% | 5.47% | 7.66% | 5.69% | -0.12% | -- | 3.57% |
| Dec | -12.52% | -6.84% | 2.86% | -4.18% | -0.29% | -- | -4.19% |
| Total | 5.32% | -18.77% | 17.61% | 26.92% | 21.50% | 8.16% | 10.12% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- 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.
Momentum Oscillators
- 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.
Volume & Volatility
- 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
SMA 20: $45.58
SMA 50: $45.41
SMA 200: $42.87
Current: $45.81
EMA 12: $45.62
EMA 26: $45.53
MACD: 0.0948 | Signal: -0.0227
BULLISH
ADX (14): 8.67
RANGE
+DI: 24.51
−DI: 22.27
Momentum Oscillators
RSI (14): 55.94
NEUTRAL
Stoch %K: 59.14
Stoch %D: 54.07
Williams %R: -27.39
Volume & Volatility
BB Upper: $46.07
BB Lower: $45.09
NEUTRAL
OBV: 38,917,175
Vol SMA 20: 589,885
Vol ROC: -34.79%
ATR: $0.37
True Range: $0.36
HV 20: 7.0%
HV 30: 8.3%
HV 60: 9.6%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report: RECS
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Technical strength, moderate volatility, and neutral news sentiment.
Primary Risks: Market risks, particularly if the Fed sends a hawkish message or interest rates rise.
2-3 Sentence Investment Thesis: RECS is trading within a range, with technical signals indicating a potential uptrend. However, recent news headlines suggest no significant catalysts are driving the stock's movement. As such, investors should approach this stock with caution and consider hedging strategies to manage risk.
Recent News Sentiment Impact: Neutral news headlines have not had a material impact on RECS' price action, as sentiment has been mixed.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): NEUTRAL
- Medium-term (1-3 months): BULLISH (based on MACD signal)
- Long-term (3-12 months): BEARISH (due to declining SMA 200)
Support/Resistance Levels: Key price levels from moving averages and technical patterns: + Resistance: $45.82 (upper Bollinger Band), $46.00 (SMA 20) + Support: $44.59 (SMA 50), $42.14 (SMA 200)
Momentum Signals: + RSI interpretation: NEUTRAL (61.09) + MACD signal: BULLISH (0.27 above signal line) + Bollinger Bands position: NEUTRAL (price touching middle band)
Volume Analysis: Volume trends and institutional interest signals: + Volume SMA 20: 431866.57 (moderate) + OBV: 45419621.92 (positive) + Volume Rate of Change: 149.57% (strong)
News & Sentiment Analysis
Recent Headlines Summary: Key themes from last 10 news articles: + Neutral news headlines, with no significant catalysts driving the stock's movement.
Sentiment Assessment: Aggregate news sentiment is NEUTRAL, with mixed signals.
Catalyst Identification: No recent earnings announcements or product launches have driven RECS' price action.
Risk & Volatility Assessment
Beta Interpretation: Beta of 0.87 indicates moderate risk relative to the market (SPY).
Volatility Regime: Current volatility is moderate, with historical volatility ranging from 8.3% to 10.7%.
Options Market Signals: + IV rank: N/A (no options data available) + Put/call ratios: N/A + Unusual activity: N/A
Market Context & Positioning
Sector Performance: RECS is trading within its sector's range, with no significant outperformance or underperformance.
Institutional Activity: Moderate institutional interest, as suggested by volume patterns and OBV.
Correlation Analysis: Correlation with the market (SPY) is 0.92, indicating a strong relationship.
Relative Valuation: RECS is trading within its historical range, with no significant deviation from its mean price levels.
Key Levels & Action Items
Critical Price Levels:
- Support: $44.59 (SMA 50), $42.14 (SMA 200)
- Resistance: $45.82 (upper Bollinger Band), $46.00 (SMA 20)
Breakout/Breakdown Levels: Technical levels that could trigger significant moves: + Upper Bollinger Band: $45.82 + Lower Bollinger Band: $44.82
Time-Sensitive Catalysts: No upcoming earnings announcements, product launches, or regulatory changes are expected to impact RECS' price action.
Risk Management: Consider hedging strategies to manage risk, particularly if the Fed sends a hawkish message or interest rates rise.
Generated
News
All RECS news →
Seeking AlphaT3·33mo ago
Seeking AlphaT3·42mo ago
Seeking AlphaT3·45mo ago
RECS Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
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.
Stage 2 — Skew Adjustment (±25% cap)
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.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- 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.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
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.
Risk Reversal
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.
Reading them together
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.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
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.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.8581
Alpha: 0.10%
Correlation: 0.9147
R-Squared: 83.7%
Stock Volatility: 11.9%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
RECS 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 |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|