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ETFs

American Beacon AHL Trend ETF

AHLT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 30 2023
Expense Ratio
0.95%
Type
Global Hedge Fund
Fund Owner
American Beacon
Volume (1m avg. daily)
—
AUM
$29,750,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Derivatives offset
65.73%
n/a
AUD231023
10.13%
n/a
TREASURY BILL 02/24 0.00000
9.41%
n/a
JPY231004
9.20%
n/a
CAD231019
7.97%
n/a
TREASURY BILL 12/23 0.00000
7.93%
n/a
TREASURY BILL 02/24 0.00000
7.85%
n/a
TREASURY BILL 01/24 0.00000
6.31%
n/a
NZD231020
3.35%
n/a
AUD231023
2.07%
Invest with AHLT

What is AHLT?

The ETF will seek to capitalize on the price trends in a broad range of more than 20 global markets. Reflecting the core of AHL's investment philosophy, the ETF is 100% systematic, with no subjective buy or sell decisions. Trend-following strategies have low correlation with traditional asset classes, making them a potentially powerful diversifier for any portfolio. Over time, trend-following products have demonstrated these characteristics, Low correlations to other asset classes, Potential to profit in rising and falling markets.

ETFs related toAHLT

ETFs correlated to AHLT include DBMF, EUO, SPGP

AHLT
American Beacon Select Funds - American Beacon AHL Trend ETF
DBMF
Manager Directed Portfolios - iMGP DBi Managed Futures Strategy ETF
EUO
ProShares Trust - ProShares UltraShort Euro -2X Shares
SPGP
Invesco Capital Management LLC - Invesco S&P 500 GARP ETF
IXC
BlackRock Institutional Trust Company N.A. - iShares Global Energy ETF
RPG
Invesco Capital Management LLC - Invesco S&P 500 Pure Growth ETF
DXJ
WisdomTree Trust - WisdomTree Japan Hedged Equity Fund
UUP
Invesco DB US Dollar Index Trust - Invesco DB US Dollar Index Bullish Fund
UCO
ProShares Trust - ProShares Ultra Bloomberg Crude Oil 2x Shares
OILK
ProShares Trust - ProShares K-1 Free Crude Oil Strategy ETF
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income 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
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Risk Rating

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The Not Boring: Rising Rates with Vol Switch

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Create your own algorithmic trading strategy with AHLT using Composer

FAQ

AHLT is a Global Hedge Fund ETF. The ETF will seek to capitalize on the price trends in a broad range of more than 20 global markets. Reflecting the core of AHL's investment philosophy, the ETF is 100% systematic, with no subjective buy or sell decisions. Trend-following strategies have low correlation with traditional asset classes, making them a potentially powerful diversifier for any portfolio. Over time, trend-following products have demonstrated these characteristics, Low correlations to other asset classes, Potential to profit in rising and falling markets.

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

ETFs similar to AHLT include AOR, DRSK, and FPEI.

ETFs correlated to AHLT include DBMF, EUO, and SPGP.

ETFs that are inversely correlated to AHLT include TAIL, IGOV, and IBND.

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.