The Emles @Home ETF (LIV) seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Emles Home Lifestyle Index, an index comprised of companies that substantially focus on, and could benefit from, the trend of increased and diverse home activities.

Performance summary of Q3 2021

For the quarter ended September 30, 2021, Fund positions and the NYSE FactSet Global Virtual Work and Life benchmark delivered respective losses of -7.20% and -11.64%.

Quarter in review

Spun off from parent XPO, GXO Logistics represents the supply chain and logistics contractor to the legacy transport name. Since its regular-way-trading debut on August 2nd, 2021, spun-off GXO shares have outperformed its XPO parent by 29.58%. Despite being added to the index mid-quarter, GXO topped Fund positions with 1.24% weighted contribution to Fund performance as measured on September 30, 2021.

The Emles Home Lifestyle Index expansion to 30 constituents at the 3Q2021 rebalance saw deliberate allocations into:

Looking ahead

A dynamic global reopening encourages ‘@Home’ themes to selectively curate exposures that will not only impact our home lives, but also perform as investments.

We maintain a view that without a complete return to pre-pandemic normalcy, investors would be remiss to ignore changes to how we live and work at home.

Full performance and holdings information can be found here.  

Tags: etf, growth, home