Latest ROE for ETF Managers Trust - ETFMG Breakwave Sea Decarbonization Tech ETF: 5.89% — see history and peer comparisons.
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+ Follow5.89%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
ETF Managers Trust - ETFMG Breakwave Sea Decarbonization Tech ETF posts a ROE of 5.89%. That is above the sector sector average of -5.87%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For its sector stocks, a ROE near -5.87% is typical. ETF Managers Trust - ETFMG Breakwave Sea Decarbonization Tech ETF's 5.89% is higher that level. That is roughly 200.4% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
ETF Managers Trust - ETFMG Breakwave Sea Decarbonization Tech ETF's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 5.89%; use YoY and peer views to separate noise from signal.
Context for BSEA's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average -5.87%), and (3) consistency with growth and profitability. This page covers the first two; ETF Managers Trust - ETFMG Breakwave Sea Decarbonization Tech ETF's other metric pages and overview cover the third.