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ETFs

AILV
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Today’s Change
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Snapshot
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Inception Date
Dec 01 2021
Expense Ratio
0.85%
Type
US Equities
Fund Owner
Alpha Intelligent
Volume (1m avg. daily)
$156
AUM
$912,800
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
100.01%
Invest with AILV

What is AILV?

The Fund is an actively-managed exchange-traded Fund ( ETF ) that invests primarily in equity securities of large capitalization companies, with a focus on value stocks. A value stock is the stock of a company whose stock price may not reflect the company s intrinsic value, or that is temporarily out of favor. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in the common stocks of large capitalization companies.

ETFs related toAILV

ETFs correlated to AILV include VLU, PRF, JAVA

AILV
Listed Funds Trust - Alpha Intelligent - Large Cap Value ETF
VLU
SPDR Series Trust - SPDR S&P 1500 Value Tilt ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar 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.

Automated Strategies
Related toAILV

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with AILV using Composer

FAQ

AILV is a US Equities ETF. The Fund is an actively-managed exchange-traded Fund ( ETF ) that invests primarily in equity securities of large capitalization companies, with a focus on value stocks. A value stock is the stock of a company whose stock price may not reflect the company s intrinsic value, or that is temporarily out of favor. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in the common stocks of large capitalization companies.

Yes, AILV 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, AILV 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 AILV is -0.0105%. This is the percent change in the value of AILV over the most recent 1-month period. The 3-month return on AILV is -0.0617%. This is the percent change in the value of AILV over the most recent 3-month period.

The standard deviation of AILV for the past year is 0.1878%. 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 AILV include VUG, IVW, and SPYG.

ETFs correlated to AILV include VLU, PRF, and JAVA.

ETFs that are inversely correlated to AILV include SKF, SEF, and DXD.

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.