The Rise and Fall of Validia Market Legends ETF

📉The Validia Market Legends ETF launched in 2014 with the aim of leveraging strategies of famous investors on small cap value stocks.

💯The ETF experienced fluctuations in performance and struggled to gain assets, reaching a peak of $30 million before dipping to $15 million during the pandemic.

🧪The ETF's strategy involved following publicly disclosed investment methodologies, but market conditions and short-term performance played significant roles in its success.

💡Lessons learned include the importance of short-term performance in attracting investors and the challenging nature of launching and managing an ETF.

🔚The Validia Market Legends ETF was liquidated in 2020, highlighting the difficulties faced by smaller independent issuers in the ETF industry.

What was the aim of the Validia Market Legends ETF?

—The Validia Market Legends ETF aimed to apply strategies of famous investors to small cap value stocks.

How did the ETF perform in terms of assets?

—The ETF reached a peak of $30 million in assets but later dipped to $15 million during the pandemic.

What factors contributed to the ETF's success?

—Short-term performance and market conditions played significant roles in the success of the ETF.

What were the lessons learned from the ETF's journey?

—The importance of short-term performance in attracting investors and the challenges of launching and managing an ETF were key takeaways.

What ultimately happened to the Validia Market Legends ETF?

—The ETF was liquidated in 2020, highlighting the difficulties faced by smaller independent issuers in the ETF industry.

00:00[Music] Welcome to trillions! In this episode, Joel Weber and Eric discuss the rise and fall of the Validia Market Legends ETF.

02:30The ETF, launched in 2014, aimed to apply strategies of famous investors to small cap value stocks.

05:45The Validia Market Legends ETF faced challenges in terms of performance and market conditions, leading to its liquidation during the pandemic in 2020.