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LeaderShares Activist Leaders ETF

ACTV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 26 2020
Expense Ratio
0.75%
Type
US Equities
Fund Owner
LeaderShares
Volume (1m avg. daily)
$391,712
AUM
$97,290,999
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

LPSN
Liveperson Inc
4.55%
JHG
Janus Henderson Group plc
3.83%
MRCY
Mercury Systems Inc
3.81%
RCII
Rent-a-Center Inc.
3.75%
IVZ
Invesco Ltd
3.62%
STX
Seagate Technology Holdings Plc
3.60%
DAN
Dana Inc
3.58%
NYT
New York Times Co. - Ordinary Shares - Class A
3.57%
GDOT
Green Dot Corp. - Ordinary Shares - Class A
3.54%
XRX
Xerox Holdings Corp
3.52%
Invest with ACTV

What is ACTV?

The LeaderShares Activist Leaders ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund ( ETF ) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as "13D" filings that are submitted with the Securities and Exchange Commission ( SEC ). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires, with an activist intent, more than 5% of a companys shares to file a form with the SEC known as a Schedule 13D that discloses the investors identity and the investors purpose in acquiring those shares.

ETFs related toACTV

ETFs correlated to ACTV include BKSE, ESML, VB

ACTV
Two Roads Shared Trust - LeaderShares Activist Leaders ETF
BKSE
BNY Mellon ETF Trust - BNY Mellon US Small Cap Core Equity ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
PRFZ
Invesco Capital Management LLC - Invesco FTSE RAFI US 1500 Small-Mid ETF
EWMC
Invesco Capital Management LLC - Invesco S&P MidCap 400 Equal Weight ETF
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toACTV

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

#D

Phalanx Formation: Downturn Defense

Category

Getting Defensive

Risk Rating

Moderate

Create your own algorithmic trading strategy with ACTV using Composer

FAQ

ACTV is a US Equities ETF. The LeaderShares Activist Leaders ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund ( ETF ) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as "13D" filings that are submitted with the Securities and Exchange Commission ( SEC ). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires, with an activist intent, more than 5% of a companys shares to file a form with the SEC known as a Schedule 13D that discloses the investors identity and the investors purpose in acquiring those shares.

The top holdings for ACTV include Liveperson Inc, Janus Henderson Group plc, and Mercury Systems Inc.

ACTV has 30 total holdings.

Yes, ACTV is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, ACTV is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ACTV is 0.0935%. This is the percent change in the value of ACTV over the most recent 1-month period. The 3-month return on ACTV is 0.1685%. This is the percent change in the value of ACTV over the most recent 3-month period.

The standard deviation of ACTV for the past year is 0.2582%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ACTV include SPLV, SPHQ, and DSI.

ETFs correlated to ACTV include BKSE, ESML, and VB.

ETFs that are inversely correlated to ACTV include TZA, TWM, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.