Latest ROE for Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF: 15.01% — see history and peer comparisons.
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+ Follow15.01%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
As of the most recent data, PAYM shows a ROE of 15.01%. That is above the sector sector average of 11.73%. Scroll down for historical charts and peer comparison views.
The its sector sector average ROE is about 11.73%. Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF is at 15.01%, which is higher that average. That is roughly 27.9% above the sector mean. Use the comparison chart on this page to see how PAYM stacks up against individual peers as well.
Check the historical chart to see whether PAYM's ROE is trending up or down. Improvement over multiple periods is generally more meaningful than a single strong quarter. Compare Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF with peers to see if the move is company-specific or sector-wide.
Besides this return on equity page, Stockcircle has Elevation Series Trust - TrueShares S&P Autocallable Defensive Income ETF's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect ROE (currently 15.01%) with ownership activity and broader fundamentals.