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Global X Adaptive U.S. Factor ETF

AUSF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 24 2018
Expense Ratio
0.27%
Type
US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$310,965
AUM
$166,028,956
Associated Index
Adaptive Wealth Strategies U.S. Factor Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

LLY
Lilly(Eli) & Co
3.47%
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General Electric Co.
2.77%
ORCL
Oracle Corp.
2.61%
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Broadcom Inc
2.46%
NVDA
NVIDIA Corp
2.38%
NFLX
Netflix Inc.
2.15%
AJG
Arthur J. Gallagher & Co.
1.76%
IBM
International Business Machines Corp.
1.76%
CSCO
Cisco Systems, Inc.
1.69%
WMT
Walmart Inc
1.68%
Invest with AUSF

What is AUSF?

The Global X Adaptive U.S. Factor ETF (AUSF) seeks to outperform traditional cap-weighted indexes by employing a dynamic multi-factor investment strategy that allocates across three factors: minimum volatility, value, and momentum. The Fund invests at least 80% of its total assets in the securities of the Underlying Index. The Fund s 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Underlying Index is owned and was developed by Carroll Financial (the Index Provider ). The Index is calculated and maintained by Solactive AG (the "Calculation Agent"). The Underlying Index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. Each factor is represented by a sub-index that is derived from the Solactive U.S. Large & Mid Cap Index, which is designed to measure the 1,000 largest companies, by free float market capitalization, that are exchange-listed in the United States.

ETFs related toAUSF

ETFs correlated to AUSF include GAUG, LGRO, GJUL

AUSF
Global X Funds - Global X Adaptive U.S. Factor ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
PWV
Invesco Capital Management LLC - Invesco Large Cap Value ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
MTUM
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Momentum Factor ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund

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 toAUSF

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with AUSF using Composer

FAQ

AUSF is a US Equities ETF. The Global X Adaptive U.S. Factor ETF (AUSF) seeks to outperform traditional cap-weighted indexes by employing a dynamic multi-factor investment strategy that allocates across three factors: minimum volatility, value, and momentum. The Fund invests at least 80% of its total assets in the securities of the Underlying Index. The Fund s 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The Underlying Index is owned and was developed by Carroll Financial (the Index Provider ). The Index is calculated and maintained by Solactive AG (the "Calculation Agent"). The Underlying Index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. Each factor is represented by a sub-index that is derived from the Solactive U.S. Large & Mid Cap Index, which is designed to measure the 1,000 largest companies, by free float market capitalization, that are exchange-listed in the United States.

AUSF tracks the Adaptive Wealth Strategies U.S. Factor Index.

No, AUSF 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, AUSF 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 AUSF is -0.0224%. This is the percent change in the value of AUSF over the most recent 1-month period. The 3-month return on AUSF is 0.0383%. This is the percent change in the value of AUSF over the most recent 3-month period.

The standard deviation of AUSF for the past year is 0.138%. 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 AUSF include PRF, DSI, and USMV.

ETFs correlated to AUSF include GAUG, LGRO, and GJUL.

ETFs that are inversely correlated to AUSF include DOG, DXD, and SDOW.

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.