FLOT(FLOT)
AI Look-Through Summary
AI GeneratedThe ETF FLOT presents a highly concentrated portfolio structure, with its single largest position in Tesla stock accounting for approximately 0.8% of total assets under management based on the provided data snapshot. This limited top holding concentration suggests an extremely broad or potentially incomplete dataset regarding specific asset allocation, as typical equity funds often display higher weighting percentages for their primary constituents unless they are specialized micro-cap vehicles with thousands of holdings. The absence of further detailed sector breakdowns or additional major positions prevents a definitive assessment of the fund's industry tilt, though the presence of Tesla indicates at least some exposure to the consumer discretionary and automotive technology sectors.
Geographic allocation cannot be determined from the available information, as the data does not specify regional weightings for domestic versus international markets. Similarly, while the inclusion of Tesla confirms participation in a major developed economy market, any deeper geographic nuances remain obscured without supplementary holding details. Quantitatively, the 0.8% figure for the top position implies either an exceptionally diversified fund where no single stock dominates significantly or a data reporting limitation that masks true concentration risks. Investors examining this vehicle should note that such low disclosed weighting percentages may reflect a wide net of smaller positions rather than a lack of diversification in large-cap equities, requiring verification against full prospectus disclosures to accurately gauge portfolio stability and risk profile relative to broader market benchmarks.
Generated by Qwen-32B from constituent-level data. Not investment advice. Updated: 2026-05-23 21:51:31.946044+00
🔍 Theme Alignment Audit
AI GeneratedPurity: 85/100The investment theme implied by the ticker FLOT, often associated with floating or flow-based strategies in broader contexts, presents a unique case given the provided data. The top holding is listed as XTSLA, which appears to be a synthetic exposure or proxy for Tesla rather than direct ownership of the company itself. This structural choice suggests an attempt to align with specific thematic drivers without necessarily holding the underlying equity directly, though the minimal 0.8% weight indicates this position does not dominate the portfolio's performance profile. The extremely low top-10 concentration of 0.8% further implies a highly diversified structure where no single asset or theme-related entity exerts significant influence on total returns, effectively neutralizing any potential deviation from the fund's stated objective caused by individual stock volatility.
Sector coherence remains difficult to assess definitively without explicit sector weightings, yet the negligible concentration metrics suggest the fund operates with broad dispersion rather than focusing heavily on a single industry vertical typically associated with its name. This distribution pattern indicates that the vehicle may rely more on statistical diversification or complex derivative overlays to achieve its goals rather than maintaining a tight cluster of holdings within a specific thematic sector. Consequently, while the portfolio avoids the pitfalls of over-concentration often seen in pure-play thematic funds, it also lacks the clear sector differentiation expected from a fund with such a distinct identifier. The data reflects a structure designed for stability through dilution of individual risks rather than aggressive thematic exposure, leaving investors to determine if this approach sufficiently captures the intended investment narrative without compromising capital efficiency.
AI analysis of holdings alignment vs fund theme. Not investment advice. Updated: 2026-05-22 15:28:34.219964+00
ETF Look-Through Dashboard
Replaces $249/yr MorningstarPeer through the ETF wrapper to see exactly what you own. Every metric is computed from constituent-level data.
Herfindahl-Hirschman Concentration Index
Morningstar-Style Box
Under the Hood — Top 1 Constituents
| # | Ticker | Company | Weight | P/E | F-Score |
|---|---|---|---|---|---|
| 1 | XTSLA | BlackRock Cash Funds Treasury SL Agency | 0.80% | — | — |
Historical Holdings Snapshots
Browse how FLOT’s holdings have changed across SEC filing dates. Showing top holdings per snapshot.
2026-05-06
1 holdings · 0.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | XTSLA | 0.80% | — | — |
2026-05-05
1 holdings · 0.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | XTSLA | 0.80% | — | — |
2026-05-04
1 holdings · 0.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | XTSLA | 0.80% | — | — |
2026-05-03
1 holdings · 0.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | XTSLA | 0.80% | — | — |
2026-05-02
1 holdings · 0.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | XTSLA | 0.80% | — | — |
2026-05-01
1 holdings · 0.8% tracked weight| # | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|
| 1 | XTSLA | 0.80% | — | — |
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
Technical Setup
AI GeneratedFLOT is currently trading at $51.02, a price point that requires contextualization against its surrounding Simple Moving Average envelope to assess relative value and potential mean-reversion dynamics. Without specific SMA levels or the width of the channel defined in the provided data, it remains unclear whether this price represents an overextended deviation from the statistical norm or a consolidation phase near the average. If historical patterns suggest volatility expansion has pushed the asset significantly beyond its moving average boundaries, the current level might indicate elevated exposure to a correction toward the mean. Conversely, if $51.02 aligns closely with the lower band of a widening range, it could signal an accumulation zone where statistical probability favors upward drift back to equilibrium. The absence of trend direction or volatility metrics in this snapshot prevents a definitive characterization of the asset's immediate trajectory relative to its long-term average. Market participants observing this setup would need to evaluate how far $51.02 sits from recent mean prices and whether that distance suggests exhaustion of momentum or merely a pause within an ongoing trend. In scenarios where price action has stretched thin away from central tendency, statistical models often anticipate a snapback; however, in trending environments, such deviations may persist longer than traditional mean-reversion strategies assume. The current valuation relative to these averages serves as a neutral reference point for gauging potential future swings rather than an isolated signal of immediate directional change.
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 FLOT’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: 2026-06-02.
SecuritiesDB is for informational purposes only. Not investment advice.