The 2023 ETF Series Trust

10-Year Study

EAGL.US · · US · ETF

Executive Summary: The 2023 ETF Series Trust has compounded at 13.1% annually over the last 10 years, with a maximum drawdown of 7.0% and an annualized volatility of 55.9%.

1Y CAGR
+15.0%
3Y CAGR
+13.1%
5Y CAGR
+13.1%
10Y CAGR
+13.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
7.0%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.84
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.79
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
10.9%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +17.2%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2026 · -0.4%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
50%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-0.1-1.1-5.16.2————————-0.4%
20255.6-1.7-3.1-2.34.55.6-1.34.10.92.5-0.42.217.2%
2024———-1.94.22.60.21.71.40.15.2-3.010.7%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 55.9%. The dominant macroeconomic risk driver is SHV.US, accounting for 85.8% of variance. Idiosyncratic stock-specific factors contribute 0.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2024-03-0110000
2024-04-019814.103305909239
2024-05-0110224.74126868035
2024-06-0110491.894058560132
2024-07-0110515.676497839326
2024-08-0110690.078765560509
2024-09-0110844.66347737882
2024-10-0110852.59019480758
2024-11-0111416.623633083396
2024-12-0111070.671740131738
2025-01-0111694.76313690656
2025-02-0111492.032650330524
2025-03-0111134.273012980513
2025-04-0110875.891603244541
2025-05-0111364.829342302006
2025-06-0111996.871088765665
2025-07-0111837.867144312759
2025-08-0112318.854533681382
2025-09-0112426.183110984259
2025-10-0112740.216206211137
2025-11-0112688.540076730136
2025-12-0112973.644236297598
2026-01-0112961.65429479735
2026-02-0112817.769020119591
2026-03-0112158.295403555907
2026-04-0112917.689265053483
Annual Return Matrix
YearAnnual Return
20250.17189313718583898
2026-0.004312972533003667
Total Factor Risk
0.5592833631557833
VTI.US Exposure
0.010813647837901872
VEA.US Exposure
0.009639083192602423
VWO.US Exposure
0.0034969952871130323
QQQ.US Exposure
-0.014665379835662597
VTV.US Exposure
-0.015328878339263578
IJR.US Exposure
-0.004127921306946026
QUAL.US Exposure
0.03662815859082802
SHV.US Exposure
0.8575031339386243
TLT.US Exposure
0.008063713036963061
LQD.US Exposure
-0.004746389727919214
HYG.US Exposure
0.07070023509891558
GLD.US Exposure
0.0019737193650250563
USO.US Exposure
0.0014725202754047274
VNQ.US Exposure
0.005112972742501924
BTC-USD.CC Exposure
0.0077321840649609615
CPER.US Exposure
0.004667413159560328
VIX.INDX Exposure
0.011826246315099171
UUP.US Exposure
-0.0019163424374239848
TIP.US Exposure
0.00778872129981864
Idiosyncratic Exposure
0.0033661674418961353
Value Score
43.5
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
6.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
55.9%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →16.3x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.56%
Market Cap$177.8B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.3%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.1%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
4.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.00
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is The 2023 ETF Series Trust a high-risk investment?

The 2023 ETF Series Trust (EAGL.US) has an annualized volatility of 55.9% and experienced a maximum drawdown of 7.0% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of EAGL.US?

Over the past 10 years, EAGL.US has generated a Compound Annual Growth Rate (CAGR) of 13.1%. It has had a positive return in 50% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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