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ETFs

ActivePassive U.S. Equity ETF

APUE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 03 2023
Expense Ratio
0.33%
Type
US Equities
Fund Owner
Envestnet
Volume (1m avg. daily)
$419,722
AUM
$158,832,410
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
10.01%
AAPL
Apple Inc
6.65%
MSFT
Microsoft Corporation
5.96%
AMZN
Amazon.com Inc.
2.75%
NVDA
NVIDIA Corp
2.48%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.35%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.63%
TSLA
Tesla Inc
1.55%
AVGO
Broadcom Inc
1.38%
JPM
JPMorgan Chase & Co.
1.38%
Invest with APUE

What is APUE?

APUE is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the CRSP US Large Cap Index, the Fund's benchmark index. The Fund also employs a strategic beta strategy for a portion of the Fund's investment portfolio. The ratio of the Fund's investment portfolio that is actively versus passively managed is determined by a variety of factors, including the firm's proprietary methodologies and academic research on factor investing.

ETFs related toAPUE

ETFs correlated to APUE include SCHB, IWV, SPTM

APUE
Trust For Professional Managers - ActivePassive U.S. Equity ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
FAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - April
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 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 toAPUE

#RAY

Copy Ray Dalio

Category

Classic, Copy the Greats

Risk Rating

Conservative

#SAM

Spread Across the Market

Category

Getting Defensive, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with APUE using Composer

FAQ

APUE is a US Equities ETF. APUE is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the CRSP US Large Cap Index, the Fund's benchmark index. The Fund also employs a strategic beta strategy for a portion of the Fund's investment portfolio. The ratio of the Fund's investment portfolio that is actively versus passively managed is determined by a variety of factors, including the firm's proprietary methodologies and academic research on factor investing.

Yes, APUE 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, APUE 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 APUE is 0.0458%. This is the percent change in the value of APUE over the most recent 1-month period. The 3-month return on APUE is %. This is the percent change in the value of APUE over the most recent 3-month period.

ETFs similar to APUE include MDY, IJR, and SPY.

ETFs correlated to APUE include SCHB, IWV, and SPTM.

ETFs that are inversely correlated to APUE include SPDN, SPXU, and SPXS.

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.