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Adaptiv Select ETF

ADPV
$--
Today’s Change
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Snapshot
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Inception Date
Sep 07 2022
Expense Ratio
1.00%
Type
US Equities
Fund Owner
Adaptiv
Volume (1m avg. daily)
$831,325
AUM
$31,667,375
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

ALGM
Allegro Microsystems Inc.
4.50%
SNDR
Schneider National Inc - Ordinary Shares - Class B
4.40%
TPX
Tempur Sealy International Inc
4.07%
FNB
F.N.B. Corp.
4.07%
CPB
Campbell Soup Co.
3.94%
UNM
Unum Group
3.94%
VICI
VICI Properties Inc
3.92%
VTRS
Viatris Inc
3.92%
ORI
Old Republic International Corp.
3.92%
CAG
Conagra Brands Inc
3.91%
Invest with ADPV

What is ADPV?

The Fund uses a proprietary momentum identification methodology in an effort to identify the strongest 25 US Large Cap Stocks from a universe of the largest 1000 capitalized stocks in the United States. Any potential constituency changes take place weekly. Advisors and investors have often sought to select individual stocks in order to try and capture both absolute and relative returns. The Adaptiv Select ETF seeks to capture both of the aforementioned using two investment factors observed consistently across many market time horizons: Momentum and Relative Strength.

ETFs related toADPV

ETFs correlated to ADPV include PTLC, PULS, LDSF

ADPV
Series Portfolios Trust - Adaptiv Select ETF
PTLC
Pacer Funds Trust - Pacer Trendpilot US Large Cap ETF
PULS
PGIM ETF Trust - PGIM Ultra Short Bond ETF
LDSF
First Trust Exchange-Traded Fund VIII - First Trust Low Duration Strategic Focus ETF
DBA
Invesco DB Multi-Sector Commodity Trust - Invesco DB Agriculture Fund
BCD
abrdn ETF - abrdn Bloomberg All Comm Longer Dt Strategy K-1 Free ETF
JO
Barclays Bank PLC - iPath Series B Bloomberg Coffee Subindex Total Return ETN
FXF
Rydex Investments - Invesco CurrencyShares Swiss Franc Trust
WEAT
Teucrium Trading, LLC - Teucrium Wheat Fund
COM
Direxion Shares ETF Trust - Direxion Auspice Broad Commodity Strategy ETF
KEUA
KraneShares Trust - KraneShares European Carbon Allowance Strategy ETF

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 toADPV

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with ADPV using Composer

FAQ

ADPV is a US Equities ETF. The Fund uses a proprietary momentum identification methodology in an effort to identify the strongest 25 US Large Cap Stocks from a universe of the largest 1000 capitalized stocks in the United States. Any potential constituency changes take place weekly. Advisors and investors have often sought to select individual stocks in order to try and capture both absolute and relative returns. The Adaptiv Select ETF seeks to capture both of the aforementioned using two investment factors observed consistently across many market time horizons: Momentum and Relative Strength.

The top holdings for ADPV include Allegro Microsystems Inc., Schneider National Inc - Ordinary Shares - Class B, and Tempur Sealy International Inc.

ADPV has 26 total holdings.

Yes, ADPV 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, ADPV 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 ADPV is 0.0167%. This is the percent change in the value of ADPV over the most recent 1-month period. The 3-month return on ADPV is 0.0219%. This is the percent change in the value of ADPV over the most recent 3-month period.

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

ETFs correlated to ADPV include PTLC, PULS, and LDSF.

ETFs that are inversely correlated to ADPV include KURE, EWM, and MEAR.

Disclaimers

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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.