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ETFs

Adaptive High Income ETF

AHHX
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Nov 15 2021
Expense Ratio
0.68%
Type
Global Diversified
Fund Owner
ADAPTIVE INVESTMENTS
Volume (1m avg. daily)
$161,857
AUM
$27,186,250
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
72.14%
FALN
iShares Trust - iShares Fallen Angels USD Bond ETF
11.24%
MLPA
Global X Funds - Global X MLP ETF
7.28%
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
5.88%
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
3.04%
XLF
Financial Select Sector SPDR Fund
0.43%
Invest with AHHX

What is AHHX?

The Advisor seeks to achieve the Fund s investment objective of current income and real return by investing other investment companies, including mutual and exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the 1940 Act ) and not affiliated with the Fund ( Portfolio Funds ) or making direct investments in portfolio securities based upon institutional research. The Fund may invest in Master Limited Partnerships ( MLPs ), Real Estate Investment Trusts ( REITs ), Limited Partnerships, convertible fixed income securities, and large capitalization equity securities, including preferred stocks, that the Advisor believes will generate income. The Fund may also directly invest in equities for investment purposes. The Fund is considered diversified under the 1940 Act.

ETFs related toAHHX

ETFs correlated to AHHX include GVLU, CGMS, JGRO

AHHX
Starboard Investment Trust - Adaptive High Income ETF
GVLU
Tidal ETF Trust - Gotham 1000 Value ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
STRV
EA Series Trust - Strive 500 ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
XSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - September
JMEE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Market Expansion Enhanced Equity ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value 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.

FAQ

AHHX is a Global Diversified ETF. The Advisor seeks to achieve the Fund s investment objective of current income and real return by investing other investment companies, including mutual and exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the 1940 Act ) and not affiliated with the Fund ( Portfolio Funds ) or making direct investments in portfolio securities based upon institutional research. The Fund may invest in Master Limited Partnerships ( MLPs ), Real Estate Investment Trusts ( REITs ), Limited Partnerships, convertible fixed income securities, and large capitalization equity securities, including preferred stocks, that the Advisor believes will generate income. The Fund may also directly invest in equities for investment purposes. The Fund is considered diversified under the 1940 Act.

The top holdings for AHHX include BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF, iShares Trust - iShares Fallen Angels USD Bond ETF, and Global X Funds - Global X MLP ETF.

AHHX has 6 total holdings.

Yes, AHHX 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, AHHX 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 AHHX is 0.0142%. This is the percent change in the value of AHHX over the most recent 1-month period. The 3-month return on AHHX is 0.0525%. This is the percent change in the value of AHHX over the most recent 3-month period.

The standard deviation of AHHX for the past year is 0.1459%. 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 AHHX include AOA, PGX, and PFF.

ETFs correlated to AHHX include GVLU, CGMS, and JGRO.

ETFs that are inversely correlated to AHHX include SJB, RWM, and TWM.

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.