Analysts Predict 10% Growth Potential for EDGU

The 3EDGE Dynamic US Equity ETF (Symbol: EDGU) has an implied analyst target price of $34.86 per unit, reflecting a potential upside of 10.02% from its recent trading price of $31.68. This information was derived from the weighted average of the underlying holdings’ prices compared to analysts’ 12-month forward target prices.

Three key holdings contributing to this potential upside are the Select Sector SPDR Trust – State Street Materials Select Sector SPDR ETF (XLB), which has a notable projected upside of 23.45% from its recent price of $50.64; the Select Sector SPDR Trust – State Street Consumer Discretionary Select Sector SPDR ETF (XLY) with an 11.81% upside from $115.90; and the Invesco QQQ Trust (QQQ) anticipating an 11.49% increase from its recent price of $719.71. Combined, these holdings make up 28.92% of the EDGU ETF.