IJT(IJT)
AI Look-Through Summary
AI GeneratedThe portfolio's sector allocation is relatively diversified, with no single sector dominating the overall mix. However, it's worth noting that Industrials and Healthcare sectors have a combined weight of only around 4%, which is lower than their respective weights in the broader market. The remaining sectors, including Technology, contribute to the overall composition.
The top holdings are concentrated among smaller-cap companies, with Forma Therapeutics (FORM) being the largest holding at approximately 1.4%. Other notable positions include VSAT and XTSLA, both of which have a significant presence in the portfolio. A valuation posture of 38.6x P/E and 5.52x P/B suggests that investors are willing to pay a premium for these companies' growth prospects. A macro environment favorable for this portfolio would likely be one with sustained economic growth, low interest rates, and continued demand for innovative products and services.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-07-14 09:03:29.135669+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 45/100The thematic alignment between the ETF's name implying a focus on industrials and its actual portfolio composition reveals significant divergence. While several top holdings fall under the Industrials sector, including AGX and ECG, the majority of positions such as VIAV, SANM, FORM, PRIM, VSAT, ESE, POWL, ZWS, and others are listed without a specific industrial classification or belong to Technology. This lack of explicit sector tagging for most major constituents suggests that the fund may not be strictly adhering to an industrials-only mandate, potentially incorporating broader technology exposure under vague categorizations. The presence of companies like VIAV and ESE alongside unclassified tech stocks indicates a portfolio structure where the stated industrial theme is diluted by assets whose primary association lies elsewhere or remains undefined within this specific dataset.
Sector coherence appears weak given that Industrials represent only 2.0% of the total allocation while Technology accounts for just 1.0%, with the remainder effectively unallocated to these core sectors in the provided breakdown. Such a fragmented sector distribution challenges the narrative of a concentrated industrial play, as the fund relies heavily on holdings that do not clearly map to traditional manufacturing or infrastructure themes often associated with such labels. The low top-ten concentration of 11.3% further suggests an attempt at diversification across non-industrial names rather than deep specialization in the target theme. Consequently, the portfolio exhibits characteristics more akin to a broad-based small-cap blend that happens to include some industrial firms, rather than a vehicle designed to capture pure sector-specific trends or outperform through thematic concentration.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-19 16:04:47.544005+00
🏢 Sector Analysis
AI GeneratedThe sector allocation profile of this ETF reveals an almost exclusive concentration within the Industrials and Technology sectors, with these two categories comprising a negligible 3.0% of total assets based on the provided breakdown. This starkly contrasts with typical broad-based industrial or technology funds, suggesting that the fund's investment thesis is not driven by macro-sector exposure but rather by specific equity selection criteria. The presence of holdings like VIAV, SANM, and FORM in the top five positions indicates a deliberate tilt toward companies within the communications equipment and semiconductor sub-sectors, which are often categorized under Technology or Industrials depending on classification standards. This narrow focus implies that the fund manager is targeting a niche segment of the market characterized by high growth potential but also heightened volatility relative to diversified industrial peers.
Concentration risk remains a defining feature of this portfolio structure, as evidenced by the top-10 concentration metric of 11.3%. While this figure appears low at first glance for an equity fund, it must be contextualized against the fact that the provided data only lists five specific holdings and two sector buckets that collectively represent a tiny fraction of the total universe. If these are indeed the primary drivers of the portfolio's performance, the effective risk is concentrated in a very small number of issuers rather than spread across hundreds. The inclusion of AGX within the Industrials slice further highlights a potential thematic overlay focused on materials or specialized manufacturing inputs that support high-tech infrastructure. Ultimately, this allocation strategy suggests an investment vehicle designed for investors seeking aggressive exposure to specific supply chain components rather than broad sector diversification, leaving returns and risks heavily dependent on the performance of these select names.
AI-generated sector analysis from constituent-level data. Not investment advice. Updated: 2026-05-23 21:26:53.509199+00
ETF Look-Through Dashboard
Peer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Weighted metrics calculated based on 77% of fund assets with available data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Sector & Cap Explorer
ETF Fundamental Radar
Operational health is mixed, with the bulk of weight in the mid-range (4–6) Piotroski scores.
Piotroski F-Score (Operational Health)
Score 0-9: Measures Profitability, Leverage, and Efficiency
Based on 10% of fund weight with Piotroski data.
Computed by rolling up individual stock Piotroski F-Scores, Altman Z-Scores, and Beneish M-Scores weighted by each constituent's allocation.
Earnings vs. Price Decomposition
ProprietaryIJT is up 28.5% over the last 12 months. The underlying weighted earnings growth of its constituents is +52.2%. Despite earnings growth, valuations have contracted by 23.7% — the market is paying less per dollar of earnings than a year ago.
Earnings growth = weighted average YoY EPS growth of all constituents (capped at ±500% to limit outlier distortion). Based on 9% of fund weight with earnings data. Not investment advice.
Under the Hood — Top 10 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | FORM | FormFactor Inc | 1.36% | 136.2x | 4/9 |
| 2 | VSAT | Viasat Inc | 1.33% | — | 6/9 |
| 3 | AGX | Argan Inc Industrials | 1.22% | 54.9x | 6/9 |
| 4 | XTSLA | BlackRock Cash Funds Treasury SL Agency | 1.21% | — | — |
| 5 | BTSG | BrightSpring Health Services Inc Healthcare | 1.21% | 87.0x | 7/9 |
| 6 | KRYS | Krystal Biotech Inc | 1.07% | 36.0x | 7/9 |
| 7 | ESE | ESCO Technologies Inc Technology | 0.99% | 57.1x | 3/9 |
| 8 | ALKS | Alkermes PLC Healthcare | 0.96% | 20.8x | 5/9 |
| 9 | ECG | Everus Construction Group Inc Industrials | 0.93% | 28.9x | 5/9 |
| 10 | SNEX | StoneX Group Inc | 0.91% | 17.4x | 4/9 |
Historical Holdings Snapshots
Browse how IJT’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-07-19
10 holdings · 11.2% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | FORM | 1.36% | — | — |
| 2 | VSAT | 1.33% | — | — |
| 3 | AGX | 1.22% | — | — |
| 4 | XTSLA | 1.21% | — | — |
| 5 | BTSG | 1.21% | — | — |
| 6 | KRYS | 1.07% | — | — |
| 7 | ESE | 0.99% | — | — |
| 8 | ALKS | 0.96% | — | — |
| 9 | ECG | 0.93% | — | — |
| 10 | SNEX | 0.91% | — | — |
2026-07-18
10 holdings · 11.2% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | FORM | 1.36% | — | — |
| 2 | VSAT | 1.33% | — | — |
| 3 | AGX | 1.22% | — | — |
| 4 | XTSLA | 1.21% | — | — |
| 5 | BTSG | 1.21% | — | — |
| 6 | KRYS | 1.07% | — | — |
| 7 | ESE | 0.99% | — | — |
| 8 | ALKS | 0.96% | — | — |
| 9 | ECG | 0.93% | — | — |
| 10 | SNEX | 0.91% | — | — |
2026-07-17
10 holdings · 11.2% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | FORM | 1.36% | — | — |
| 2 | VSAT | 1.33% | — | — |
| 3 | AGX | 1.22% | — | — |
| 4 | XTSLA | 1.21% | — | — |
| 5 | BTSG | 1.21% | — | — |
| 6 | KRYS | 1.07% | — | — |
| 7 | ESE | 0.99% | — | — |
| 8 | ALKS | 0.96% | — | — |
| 9 | ECG | 0.93% | — | — |
| 10 | SNEX | 0.91% | — | — |
2026-07-16
10 holdings · 11.2% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | FORM | 1.36% | — | — |
| 2 | VSAT | 1.33% | — | — |
| 3 | AGX | 1.22% | — | — |
| 4 | XTSLA | 1.21% | — | — |
| 5 | BTSG | 1.21% | — | — |
| 6 | KRYS | 1.07% | — | — |
| 7 | ESE | 0.99% | — | — |
| 8 | ALKS | 0.96% | — | — |
| 9 | ECG | 0.93% | — | — |
| 10 | SNEX | 0.91% | — | — |
2026-07-15
10 holdings · 11.2% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | FORM | 1.36% | — | — |
| 2 | VSAT | 1.33% | — | — |
| 3 | AGX | 1.22% | — | — |
| 4 | XTSLA | 1.21% | — | — |
| 5 | BTSG | 1.21% | — | — |
| 6 | KRYS | 1.07% | — | — |
| 7 | ESE | 0.99% | — | — |
| 8 | ALKS | 0.96% | — | — |
| 9 | ECG | 0.93% | — | — |
| 10 | SNEX | 0.91% | — | — |
2026-07-14
10 holdings · 11.2% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | FORM | 1.36% | — | — |
| 2 | VSAT | 1.33% | — | — |
| 3 | AGX | 1.22% | — | — |
| 4 | XTSLA | 1.21% | — | — |
| 5 | BTSG | 1.21% | — | — |
| 6 | KRYS | 1.07% | — | — |
| 7 | ESE | 0.99% | — | — |
| 8 | ALKS | 0.96% | — | — |
| 9 | ECG | 0.93% | — | — |
| 10 | SNEX | 0.91% | — | — |
Source: SEC filings and fund provider disclosures. Shows last 6 snapshot dates, top 15 holdings per date by weight.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Computed from 1,200+ trading days with 5% risk-free rate.
Price Chart with Moving Averages
What Drove IJT Today?
Daily return attribution — which holdings contributed most (and least) to the fund's move.
Top Contributors
Attribution = holding weight × stock daily return. Only the top contributors and detractors are shown.
Technical Setup
AI GeneratedThe current price level of $160.58 for IJT sits within a context where institutional positioning is often inferred through the interplay of moving averages and volume dynamics, though specific crossover data or trend lines are absent from the provided snapshot. Without explicit confirmation of short-term crossovers above long-term thresholds or sustained volume surges that typically accompany aggressive accumulation, it remains difficult to definitively characterize whether larger market participants are currently in a net buying phase or defending existing positions at this price point. The absence of these specific technical triggers suggests that while the asset is trading near its current valuation, there may not be immediate, overt signals from institutional flows indicating a decisive shift in momentum direction based solely on the available figures. Institutional behavior often manifests as a divergence between price action and volume or through sustained breaks of key statistical boundaries; however, with only a single data point regarding the stock's value, any attempt to deduce complex order flow strategies is speculative. Larger players frequently utilize support levels derived from historical volatility and moving average clusters to time entries, yet without observing how recent trading activity interacts with these theoretical lines at $160.58, one cannot ascertain if significant capital is entering or exiting the position. The technical picture remains neutral regarding institutional intent until further data points confirm whether price stability is backed by low turnover (suggesting a lack of new interest) or high volume (indicating active rebalancing). Ultimately, the solitary figure provided offers limited insight into the
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the ETF's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Yield & Income
Sector Drift Over Time
How IJT’s sector allocation has shifted across snapshots. Use the slider to travel through time.
Active Conviction Tracker
Shares bought and sold between the latest two data snapshots — reveals what the fund manager is actually doing.
Explore More
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-07-17.
SecuritiesDB is for informational purposes only. Not investment advice.