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 Q4 2020

Since the Fund’s inception on October 14, 2020, the Emles @Home ETF (LIV) has continued to rise gaining 3.6% as of December 31, 2020. This return compares unfavorably to an 8.0% return delivered by the S&P 500 Index over the same time period as U.S. markets finished a volatile year on a high note.

Quarter in review

Looking ahead

We believe that continued government intervention and a gradual reopening will further support U.S. equity markets in 2021. With strong economic recovery expected, we believe corporate earnings will experience a stellar year of growth. We anticipate earnings for sectors aligned to secular “at-home” trends, such as technology, e-commerce and communications, to continue experiencing healthy demand despite near-term headwinds of anti-trust concerns and cyclical rotation — or until vaccine distribution and economic recovery allows the world to “re-emerge.”

Full performance and holdings information can be found here.