Zacks Investment ResearchT3·43mo ago
ZECP Zacks Earnings Consistent Portfolio 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.
ZECP
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Key stats
About
Zacks Earnings Consistent Portfolio ETF (ZECP) ETF
No description available.
- Exchange
- BATS
- Inception
- 2021-08-23
- Has Options
- No
Fund profile
holdings as of Oct 2, 2026third-party datathrough May 2026flows, SEC filings
- Expense ratio
- 0.55% prospectus, filed Apr 2, 2026
- Assets
- $342M SEC filing, May 31, 2026
- Trailing yield
- 0.72% paid annual
- Average daily volume
- $1.4M 30 sessions
- Holdings
- 60 top 10 are 42.9%
- Listed
- Aug 23, 2021 Cboe BZX
Cost34
Liquidity39
Scale57
Diversification61
Moves with. US large-cap stocks (92% of its variance, beta 0.96). These factors explain 85% of its daily moves over the last year.
Stated objective. The Zacks Earnings Consistent Portfolio ETF (the Fund) seeks to provide long-term total returns and minimize capital loss. (from the fund's prospectus)
All 60 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs
Fund flows
through May 2026SEC filings- May 2026
- +$15M latest reported month
- Latest 3 months
- +$22M +6.5% of assets
- Latest 12 months
- +$58M +16.9% of assets
View as a table
| Month | Net flow |
|---|---|
| May 2026 | +$15M |
| Apr 2026 | +$2.7M |
| Mar 2026 | +$5.0M |
| Feb 2026 | +$5.4M |
| Jan 2026 | +$4.4M |
| Dec 2025 | +$12M |
| Nov 2025 | +$11M |
| Oct 2025 | +$857K |
| Sep 2025 | +$5.8M |
| Aug 2025 | −$8.1M |
| Jul 2025 | −$4.1M |
| Jun 2025 | +$7.8M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 58 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| FDLOFidelity Low Volatility Factor ETF | 41% | 0.15% | $1.5B | +12.6% | compare |
| BIGYYieldMax Target 12 Big 50 Option Income ETF | 41% | 1.09% | $54M | −1.1% | compare |
| LDRXSGI Enhanced Market Leaders ETF | 39% | 0.59% | $248M | +14.7% | compare |
| VIGVanguard Dividend Appreciation ETF | 39% | 0.04% | $114.0B | +12.2% | compare |
| THROiShares U.S. Thematic Rotation Active ETF | 39% | 0.57% | $7.5B | +16.6% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 2, 2026third-party data- Holdings vs fair value
- +1.8% 24% under, 27% over · 100% covered
- Price / earnings
- 25.1 1% loss-making · 100% covered
- Price / book · sales
- 5.5 · 2.4 revenue growth +11.0%
- Above 200-day average
- 59% 61% above 50-day · by weight
- Short interest
- 1.9% of float, weighted · 3.0 days to cover
- Insider buying
- 6% of weight had net insider buying, 90 days; 67% net selling
- 13F holders
- +2.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 44.7% of weight in 7 days; 63.4% in 14
Holdings reporting in the next 14 days · weighted implied move this week 2.34%
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
Feb 28, 2026 → May 31, 2026Under the hood
fiscal year to Nov 30, 2025SEC census- Authorized participants
- 4 active of 4 with agreements; top 3 did 95%
- Created · redeemed
- $90M · $35M over the fiscal year
- Redemptions in kind
- 99% creations 99% in kind
- Creation unit
- 25,000 shares
- Securities lending
- authorized, none lent
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 2026-05-31
Holdings
60
AUM
$338.3M
Provider
Nport
Inception
2021-08-23
Exchange
BATS
Data As Of
2026-05-31
Expense Ratio
0.55%
Dividend Yield
0.72%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-29 | 2026-01-02 | $0.2743 | CD |
| 2024-12-27 | 2025-01-03 | $0.1923 | CD |
| 2023-12-22 | 2023-12-29 | $0.1912 | CD |
| 2022-12-23 | 2023-01-03 | $0.2112 | CD |
| 2021-12-21 | 2021-12-27 | $0.0293 | CD |
Asset Allocation
Top Holdings
top 50 of 60 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| GOOGL | ALPHABET INC | 8.38% | Equity (common) | US |
| AAPL | APPLE INC | 7.91% | Equity (common) | US |
| MSFT | MICROSOFT CORP | 6.91% | Equity (common) | US |
| CAT | CATERPILLAR INC | 4.34% | Equity (common) | US |
| JPM | JP MORGAN CHASE & COMPANY | 2.97% | Equity (common) | US |
| WMT | WALMART INC | 2.85% | Equity (common) | US |
| LLY | ELI LILLY & COMPANY | 2.66% | Equity (common) | US |
| GLW | CORNING INC | 2.35% | Equity (common) | US |
| AXP | AMERICAN EXPRESS COMPANY | 2.35% | Equity (common) | US |
| AMAT | APPLIED MATERIALS INC | 2.08% | Equity (common) | US |
| CSCO | CISCO SYSTEMS INC | 2.07% | Equity (common) | US |
| PG | PROCTER & GAMBLE COMPANY (THE) | 1.91% | Equity (common) | US |
| AEP | AMERICAN ELECTRIC POWER COMPANY INC | 1.88% | Equity (common) | US |
| RTX | RTX CORP | 1.71% | Equity (common) | US |
| CAH | CARDINAL HEALTH INC | 1.69% | Equity (common) | US |
| EME | EMCOR GROUP INC | 1.69% | Equity (common) | US |
| HD | HOME DEPOT INC (THE) | 1.67% | Equity (common) | US |
| HIG | HARTFORD INSURANCE GROUP INC (THE) | 1.65% | Equity (common) | US |
| JNJ | JOHNSON & JOHNSON | 1.62% | Equity (common) | US |
| TJX | TJX COMPANIES INC (THE) | 1.60% | Equity (common) | US |
| MAR | MARRIOTT INTERNATIONAL INC | 1.55% | Equity (common) | US |
| ADI | ANALOG DEVICES INC | 1.52% | Equity (common) | US |
| ORCL | ORACLE CORP | 1.51% | Equity (common) | US |
| CDNS | CADENCE DESIGN SYSTEMS INC | 1.39% | Equity (common) | US |
| CTAS | CINTAS CORP | 1.37% | Equity (common) | US |
| RSG | REPUBLIC SERVICES INC | 1.37% | Equity (common) | US |
| UNH | UNITEDHEALTH GROUP INC | 1.31% | Equity (common) | US |
| NFLX | NETFLIX INC | 1.22% | Equity (common) | US |
| MRSH | MARSH & MCLENNAN COMPANIES INC | 1.22% | Equity (common) | US |
| PEP | PEPSICO INC | 1.21% | Equity (common) | US |
| TFC | TRUIST FINANCIAL CORP | 1.20% | Equity (common) | US |
| AMGN | AMGEN INC | 1.19% | Equity (common) | US |
| MET | METLIFE INC | 1.15% | Equity (common) | US |
| HSY | HERSHEY COMPANY (THE) | 1.12% | Equity (common) | US |
| MRK | MERCK & COMPANY INC | 1.10% | Equity (common) | US |
| MCO | MOODY'S CORP | 1.08% | Equity (common) | US |
| PNC | PNC FINANCIAL SERVICES GROUP INC (THE) | 1.06% | Equity (common) | US |
| IBM | INTERNATIONAL BUSINESS MACHINES CORP | 0.98% | Equity (common) | US |
| EMR | EMERSON ELECTRIC COMPANY | 0.98% | Equity (common) | US |
| GD | GENERAL DYNAMICS CORP | 0.94% | Equity (common) | US |
| SO | SOUTHERN COMPANY (THE) | 0.92% | Equity (common) | US |
| HAL | HALLIBURTON COMPANY | 0.92% | Equity (common) | US |
| NDAQ | NASDAQ INC | 0.87% | Equity (common) | US |
| WRB | W. R. BERKLEY CORP | 0.84% | Equity (common) | US |
| MCD | MCDONALD'S CORP | 0.81% | Equity (common) | US |
| TMO | THERMO FISHER SCIENTIFIC INC | 0.80% | Equity (common) | US |
| BMY | BRISTOL-MYERS SQUIBB COMPANY | 0.80% | Equity (common) | US |
| BLK | BLACKROCK INC | 0.79% | Equity (common) | US |
| LH | LABCORP HOLDINGS INC | 0.79% | Equity (common) | US |
| AWK | AMERICAN WATER WORKS COMPANY INC | 0.77% | Equity (common) | US |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -5.20% | 2.91% | 2.19% | 4.95% | 1.32% | 1.23% |
| Feb | -- | -3.09% | -3.41% | 2.13% | -0.54% | 0.52% | -0.88% |
| Mar | -- | 5.63% | 3.49% | 2.07% | -3.93% | -5.82% | 0.29% |
| Apr | -- | -6.55% | 1.12% | -3.41% | -1.29% | 6.66% | -0.69% |
| May | -- | 0.10% | -1.64% | 3.95% | 3.26% | 2.16% | 1.57% |
| Jun | -- | -5.69% | 4.50% | 2.71% | 3.67% | 2.12% | 1.46% |
| Jul | -- | 6.99% | 2.08% | 2.24% | 0.87% | 0.31% | 2.50% |
| Aug | 0.66% | -3.49% | -1.47% | 3.43% | 2.72% | -0.47% | 0.23% |
| Sep | -5.09% | -8.57% | -4.65% | 2.45% | 2.66% | -1.46% | -2.44% |
| Oct | 5.70% | 5.62% | -1.52% | -1.04% | 1.51% | 3.07%* | 2.22% |
| Nov | -1.04% | 5.99% | 6.97% | 6.15% | 3.46% | -- | 4.31% |
| Dec | 7.03% | -5.43% | 2.07% | -5.30% | -0.80% | -- | -0.49% |
| Total | 6.96% | -14.43% | 10.25% | 18.40% | 17.43% | 8.23% | 7.81% |
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: $37.76
SMA 50: $37.80
SMA 200: $36.60
Current: $38.26
EMA 12: $38.01
EMA 26: $37.84
MACD: 0.1712 | Signal: 0.0693
BULLISH
ADX (14): 18.07
RANGE
+DI: 31.19
−DI: 17.19
Momentum Oscillators
RSI (14): 61.13
NEUTRAL
Stoch %K: 89.67
Stoch %D: 85.05
Williams %R: -9.62
Volume & Volatility
BB Upper: $38.51
BB Lower: $37.01
NEUTRAL
OBV: 2,052,473
Vol SMA 20: 36,202
Vol ROC: -63.82%
ATR: $0.25
True Range: $0.12
HV 20: 7.2%
HV 30: 8.0%
HV 60: 8.8%
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: ZECP
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers and Primary Risks: ZECP's recent price action has been influenced by the broader market trends, with a slight uptrend observed in the past few weeks. The primary risks are related to its low volatility, which may indicate a lack of momentum or catalysts driving the stock's movement.
Investment Thesis: Based on the current technical and fundamental data, ZECP appears to be trending upwards, but with a relatively flat profile. This could be due to the lack of significant news or market-moving events affecting the stock. A cautious approach is advised, as the stock's price action may not provide enough conviction for a more aggressive investment stance.
Recent News Sentiment Impact: The recent news headlines have been neutral in sentiment, with no specific themes or catalysts driving the stock's movement. This lack of directional information contributes to ZECP's overall neutral assessment.
Technical Analysis
Trend Direction: Short-term: NEUTRAL (1-4 weeks), Medium-term: SLIGHTLY UPTRENDING (1-3 months), Long-term: BEARISH (3-12 months)
Support/Resistance Levels: Key price levels from moving averages and technical patterns:
- SMA 20: $36.66 (support)
- EMA 12: $36.83 (resistance)
- Upper Bollinger Band: $37.23 (resistance)
Momentum Signals:
- RSI interpretation: NEUTRAL (66.58), indicating a lack of significant momentum or oversold/overbought conditions.
- MACD signal: BULLISH (0.38 / 0.00 / 0.38), suggesting an uptrend.
- Bollinger Bands position: NEUTRAL, with the price hovering near the middle band.
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: 42089.70, indicating a lack of significant buying or selling pressure.
- On-Balance Volume (OBV): 2830070.52, suggesting a slight uptrend in volume.
- Volume Rate of Change: 115.02%, indicating an increase in trading activity.
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines from Zacks Investment Research, focusing on broad market themes and ETF areas to protect or tap into.
Sentiment Assessment: NEUTRAL (aggregate sentiment)
Catalyst Identification: No specific catalysts or events driving the stock's movement in recent news.
Market Narrative: The lack of directional information from news headlines contributes to ZECP's overall neutral assessment, as the market narrative is not providing a clear signal for investment decisions.
Risk & Volatility Assessment
Beta Interpretation: Low risk (beta 0.76 vs SPY), indicating that the stock moves less than the broader market.
Volatility Regime: Current volatility levels are low (stock volatility 0.11).
Options Market Signals: No options data available to analyze.
Downside Protection: Support levels and risk management considerations:
- SMA 20: $36.66 (support)
- EMA 12: $36.83 (resistance)
Market Context & Positioning
Sector Performance: ZECP's sector has been relatively flat, with no significant outperformance or underperformance.
Institutional Activity: No specific institutional activity or volume patterns suggesting interest in the stock.
Correlation Analysis: The stock's movement is highly correlated with the broader market (R-squared interpretation).
Relative Valuation: ZECP appears to be trading within its historical range, without any significant undervaluation or overvaluation.
Key Levels & Action Items
Critical Price Levels: Support/resistance levels from moving averages and technical patterns:
- SMA 20: $36.66 (support)
- EMA 12: $36.83 (resistance)
Breakout/Breakdown Levels: Technical levels that could trigger significant moves:
- Upper Bollinger Band: $37.23 (resistance)
- Lower Bollinger Band: $36.09 (support)
Time-Sensitive Catalysts: No specific catalysts or events driving the stock's movement in recent news.
Risk Management: Stop-loss levels and position sizing considerations:
- Set a stop-loss at $35.54 (SMA 50) to limit potential losses.
- Consider reducing position size due to the lack of significant momentum or catalysts driving the stock's movement.
By analyzing ZECP's technical, fundamental, and news data, it appears that the stock is trending upwards but with a relatively flat profile. The primary risks are related to its low volatility, which may indicate a lack of momentum or catalysts driving the stock's movement. A cautious approach is advised, as the stock's price action may not provide enough conviction for a more aggressive investment stance.
Generated
News
All ZECP news →
Zacks Investment ResearchT3·43mo ago
Zacks Investment ResearchT3·43mo ago
Zacks Investment ResearchT3·44mo ago
ZECP 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: 0.6744
Alpha: 3.06%
Correlation: 0.8094
R-Squared: 65.5%
Stock Volatility: 10.6%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
ZECP 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 |
|---|