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ETFs

CNIC ICE U.S. Carbon Neutral Power Futures Index ETF

AMPD
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 18, 2023
Expense Ratio
0.95%
Type
Global Commodities & Metals
Fund Owner
CNIC Funds
Volume (1m avg. daily)
$13,605
AUM
$4,998,060
Associated Index
ICE U.S. Carbon Neutral Power Futures Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
UNITED STATES TREAS BILLS 11/09/2023
50.68%
—
Cash & Other
29.46%
—
UNITED STATES TREAS BILLS 11/16/2023
19.86%
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Derivatives offset
-98.37%
Invest with AMPD
Trade AMPD Options

What is AMPD?

The Fund seeks to track the total return performance, before fees and expenses, of the ICE U.S. Carbon Neutral Power Futures Index (ticker ICECNPIT) by investing in liquid U.S. electricity and carbon allowance futures contained in the index. The ICECNPIT combines the next 12 months of electricity futures contracts from the six major U.S. power pools (ISOs) deemed to be broadly representative of electricity consumption in the U.S. along with sufficient carbon allowance futures contracts designed, based on independently sourced data, to offset the carbon emissions from the electricity generation associated with the electricity futures. Individual power regions in the index are weighted based on the average annual load measured in megawatt hours reported by each ISO.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

AMPD
Performance Measures**

for the time period Dec 5, 2024 to Feb 24, 2025

Returns

1M Trailing Return: 6.9%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: —

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -5.2%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 19.2%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 3.09

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 14.71

The annualized return divided by the max drawdown for the selected time period.

ETFs related toAMPD

ETFs correlated to AMPD include BOIL, UNG, AMZY

AMPD
Tidal Trust II - CNIC ICE U.S. Carbon Neutral Power Futures Index ETF
BOIL
ProShares Trust - ProShares Ultra Bloomberg Natural Gas 2x Shares
UNG
United States Commodity Funds LLC - United States Natural Gas Fund
AMZY
Tidal Trust II - YieldMax AMZN Option Income Strategy ETF
LGRO
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CVRD
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XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
TJUL
Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 2 Yr to July 2025

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

AMPD is a Global Commodities & Metals ETF. The Fund seeks to track the total return performance, before fees and expenses, of the ICE U.S. Carbon Neutral Power Futures Index (ticker ICECNPIT) by investing in liquid U.S. electricity and carbon allowance futures contained in the index. The ICECNPIT combines the next 12 months of electricity futures contracts from the six major U.S. power pools (ISOs) deemed to be broadly representative of electricity consumption in the U.S. along with sufficient carbon allowance futures contracts designed, based on independently sourced data, to offset the carbon emissions from the electricity generation associated with the electricity futures. Individual power regions in the index are weighted based on the average annual load measured in megawatt hours reported by each ISO.

AMPD tracks the ICE U.S. Carbon Neutral Power Futures Index.

No, AMPD is not actively managed. It is passively 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.

Yes, AMPD is passively 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 AMPD is 0.0107%. This is the percent change in the value of AMPD over the most recent 1-month period. The 3-month return on AMPD is 0.0393%. This is the percent change in the value of AMPD over the most recent 3-month period.

ETFs similar to AMPD include DBE, USOI, and BNO.

ETFs correlated to AMPD include BOIL, UNG, and AMZY.

ETFs that are inversely correlated to AMPD include KOLD, EPV, and FLTR.

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.