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AI Powered Equity ETF

AIEQ
$--
Today’s Change
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Snapshot
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Inception Date
Oct 18 2017
Expense Ratio
0.75%
Type
US Equities
Fund Owner
ETF Managers Group
Volume (1m avg. daily)
$1,720,431
AUM
$119,930,690
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

NVAX
Novavax, Inc.
4.25%
UNH
Unitedhealth Group Inc
3.60%
CEG
Constellation Energy Corporation
3.49%
ZTS
Zoetis Inc - Ordinary Shares - Class A
3.24%
TSLA
Tesla Inc
2.90%
CELH
Celsius Holdings Inc
2.09%
NCLH
Norwegian Cruise Line Holdings Ltd
1.89%
ROKU
Roku Inc - Ordinary Shares - Class A
1.88%
PRU
Prudential Financial Inc.
1.67%
APA
APA Corporation
1.57%
Invest with AIEQ

What is AIEQ?

The AI Powered Equity ETF seeks long-term capital appreciation within risk constraints commensurate with broad market US equity indices. The fund applies proprietary analytical algorithms to artificial intelligence (AI) technology, which can process over one million pieces of information per day, to build predictive financial models on approximately 6,000 U.S. companies. The technology continually analyzes data and models in its active stock selection process, and derives an optimal risk adjusted portfolio consisting of 30 to 70 companies with high opportunities for capital appreciation. The fund is actively-managed and discloses all portfolio holdings daily.

ETFs related toAIEQ

ETFs correlated to AIEQ include VXF, SMMD, BKSE

AIEQ
ETF Managers Group LLC - AI Powered Equity ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
BKSE
BNY Mellon ETF Trust - BNY Mellon US Small Cap Core Equity ETF
ISCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Small-Cap Growth ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
TNA
Direxion Shares ETF Trust - Direxion Dialy Small Cap Bull 3X Shares
UWM
ProShares Trust - ProShares Ultra Russell 2000 2X Shares
URTY
ProShares Trust - ProShares UltraPro Russell2000 3x 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 toAIEQ

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with AIEQ using Composer

FAQ

AIEQ is a US Equities ETF. The AI Powered Equity ETF seeks long-term capital appreciation within risk constraints commensurate with broad market US equity indices. The fund applies proprietary analytical algorithms to artificial intelligence (AI) technology, which can process over one million pieces of information per day, to build predictive financial models on approximately 6,000 U.S. companies. The technology continually analyzes data and models in its active stock selection process, and derives an optimal risk adjusted portfolio consisting of 30 to 70 companies with high opportunities for capital appreciation. The fund is actively-managed and discloses all portfolio holdings daily.

The top holdings for AIEQ include Novavax, Inc., Unitedhealth Group Inc, and Constellation Energy Corporation.

AIEQ has 152 total holdings.

Yes, AIEQ 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, AIEQ 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 AIEQ is 0.1275%. This is the percent change in the value of AIEQ over the most recent 1-month period. The 3-month return on AIEQ is 0.0865%. This is the percent change in the value of AIEQ over the most recent 3-month period.

The standard deviation of AIEQ for the past year is 0.3138%. 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 AIEQ include VTI, QQQ, and IWM.

ETFs correlated to AIEQ include VXF, SMMD, and BKSE.

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

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.