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ETFs

Adaptiv Select ETF

ADPV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 07 2022
Expense Ratio
1.00%
Type
US Equities
Fund Owner
Adaptiv
Volume (1m avg. daily)
$319,800
AUM
$51,254,925
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

VRT
Vertiv Holdings Co - Ordinary Shares - Class A
8.94%
DKNG
DraftKings Inc. - Ordinary Shares - Class A
5.79%
FTI
TechnipFMC plc
5.44%
NVT
nVent Electric plc
4.83%
CXT
Crane NXT Co
4.52%
AZEK
AZEK Company Inc - Ordinary Shares - Class A
4.36%
AM
Antero Midstream Corp
4.30%
TPX
Tempur Sealy International Inc
4.17%
CPRT
Copart, Inc.
4.02%
CCCS
CCC Intelligent Solutions Holdings Inc
3.88%
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 CVRD, XAUG, LGRO

ADPV
Series Portfolios Trust - Adaptiv Select ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
FVC
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright Dynamic Focus 5 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

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

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.

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 -0.0196%. This is the percent change in the value of ADPV over the most recent 1-month period. The 3-month return on ADPV is -0.0032%. This is the percent change in the value of ADPV over the most recent 3-month period.

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

ETFs correlated to ADPV include CVRD, XAUG, and LGRO.

ETFs that are inversely correlated to ADPV include RWM, TZA, and SRTY.

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.