Sal Esposito - Zacks
Listen now
Description
The episode of "Behind the Ticker" features Sal Esposito from Zacks, focusing on two of their ETFs: ZECP (Earnings Consistent Portfolio) and SMIZ (Small Mid Cap Core ETF). Sal's journey began at UBS, transitioning from various roles to Zacks, where he embraced the ETF space. Zacks, starting in 1978, specializes in earnings estimate revisions and surprises, crafting strategies around quality and consistency. ZECP, designed as a core portfolio piece, invests in large cap, quality companies demonstrating consistent earnings and resilience through market cycles. It typically includes 50-65 names, chosen through a rigorous screening process emphasizing historic and forecasted EPS stability. SMIZ targets opportunities in the small and mid-cap space, focusing on earnings estimate revisions and market anomalies, holding around 198 names. Unlike ZECP, it does not prioritize earnings consistency but rather seeks to exploit less covered market segments for alpha. Zacks also offers "Zacks Plus," a unique product combining ETFs and SMAs into holistic solutions, tailored across risk spectrums without strategist fees. It allows advisors to deliver more sophisticated, efficient portfolio options, focusing primarily on domestic equities. Sal suggests ZECP can complement large cap equity exposures like SPY, offering downside protection through its focus on quality. SMIZ serves as a dynamic small to mid-cap exposure, aimed at capturing alpha in less scrutinized market segments. For more information on Zacks and their ETF products, Sal recommends visiting zacksetfs.com or contacting [email protected].
More Episodes
In a recent episode of “Behind the Ticker,” Raymond Holst from Practus LLP discussed the intricacies of 351 exchanges and their relevance to the ETF industry. Holst, a tax attorney with over 20 years of experience, joined Practus in 2023, bringing extensive expertise in financial products and...
Published 11/24/24
In a recent episode of “Behind the Ticker,” Garrett Stevens and Rich Malinowski from Exchange Traded Concepts (ETC) discussed the firm’s unique position as the first white-label ETF issuer and its role in supporting clients from concept to launch. ETC, which has been operating for 13 years, has...
Published 11/17/24
Published 11/17/24