FLAG-Forensic Accounting Long-Short ETF (FLAG)

FLAG-Forensic Accounting Long-Short ETF (FLAG)

The FLAG-Forensic Accounting Long-Short ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of FLAGLSX-Forensic Accounting Long-Short Index.

The FLAGLSX-Forensic Accounting Long-Short Index uses financial statement analysis in an attempt to avoid companies with aggressive revenue recognition while investing in companies that have high earnings quality.

Data as of:

Primary Exchange NYSE Arca
Ticker FLAG
CUSIP 301505400
Net Assets
Shares Outstanding
Fund Inception Date 1/30/2013
Management Fee 0.85%
Other Expenses 0.30%
Total Annual Fund Operating Expenses 1.15%
Distribution Yield*
30-day SEC Yield**
Net Asset Value
Daily Change
Daily Change (%)
Closing Price
Daily Change
Daily Change (%)

Month End as of:

Cumulative (%) Avg Annualized (%)
1 Mo. 3 Mo. Since Inception 1 Year Since Inception
Fund NAV
Closing Price

Calendar Quarter End as of:

Cumulative (%) Annualized (%)
Since Inception 1 Year Since Inception
Fund NAV
Closing Price

*Distribution Yield is the annual yield an investor would receive if the most recent distribution remained the same going forward. The yield represents a single distribution from the fund and does not represent total return to the fund. The distribution yield is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.

**30-Day SEC Yield is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the interest earned during the period after deducting the Fund’s expenses for the period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period. FLAG ETFs NAV’s are calculated using prices as of 4:00 PM Eastern Time.

The closing market price is the Mid-Point between the Bid and Ask price as of the close of exchange. Since the Fund's Shares typically do not trade in the secondary market until several days after the Fund's inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Index returns are for illustrative purposes only and do not represent fund performance.  Index performance does not reflect any management fees, transaction costs or expenses.

Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting www.flagetf.com. Read the prospectus carefully before investing.

This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice.

Investing involves risk, including the possible loss of principal. Because the Fund will be shorting stocks, it will incur expenses relating to those transactions. The use of short sales could increase the exposure of the Fund to the market, increase losses, and increase the volatility of returns. With short sales, you risk paying more for a security than you received from its sale. Short sales losses are potentially unlimited and the expenses involved with the shorting strategy may negatively impact the performance of the fund. The use of leverage by the fund managers may accelerate the velocity of potential losses.

There is no guarantee that the Fund or the index will achieve its investment objective.

Exchange Traded Concepts, LLC serves as the investment advisor, and Vident Investment Advisory serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. Check the background of SIDCO on FINRA’s BrokerCheck. Vident Financial, LLC have been licensed for use by Exchange Traded Concepts, LLC. FLAG Funds are not sponsored, endorsed, issued, sold, or promoted by IDS, nor does this company make any representations regarding the advisability of investing in the FLAG Funds.

The FLAG-Forensic Accounting Long-Short ETF was formerly known as the WeatherStorm Forensic Accounting Long-Short ETF. The index the ETF tracks was formerly known as the WeatherStorm Forensic Accounting Long-Short Index.