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ETFs

Aztlan Global Stock Selection DM SMID ETF

AZTD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 17 2022
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Aztlan
Volume (1m avg. daily)
$44,364
AUM
$40,157,977
Associated Index
Solactive Aztlan Global Developed Markets SMID Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CNK
Cinemark Holdings Inc
4.30%
8410
Seven Bank Ltd.
4.05%
MKS
Marks & Spencer Group
3.99%
DEMANT
Demant AS
3.97%
6632
JVCKenwood Corporation
3.96%
UNI
Unipol Gruppo S.p.A.
3.93%
O2D
Telefonica Deutschland Holding AG - Registered Shares
3.92%
9506
Tohoku Electric Power Company Incorporated
3.90%
CAR
Carsales.com Limited
3.90%
IVG
Iveco Group N.V
3.89%
Invest with AZTD

What is AZTD?

The Aztlan Global Stock Selection DM SMID ETF (the "Fund") seeks to track the performance, before fees and expenses, of the Solactive Aztlan Global Developed Markets SMID Cap Index (the "Index"). AZTD is a unique rules-based strategy that selects the top 27 stocks based on fundamental factors. AZTD uses a proprietary 6-factor fundamental model to assign stock rankings: cash flow generation, value, growth, capital structure quality, earnings revisions and momentum. The Fund's stock picks represent companies in developed markets across North America, Western Europe and Developed Asia, with market caps between $500 million and $10 billion. Energy, Real Estate and Pharmaceuticals are excluded.

ETFs related toAZTD

ETFs correlated to AZTD include CVRD, AVGE, SPGM

AZTD
Tidal ETF Trust - Aztlan Global Stock Selection DM SMID ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets 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 toAZTD

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with AZTD using Composer

FAQ

AZTD is a Global Equities ETF. The Aztlan Global Stock Selection DM SMID ETF (the "Fund") seeks to track the performance, before fees and expenses, of the Solactive Aztlan Global Developed Markets SMID Cap Index (the "Index"). AZTD is a unique rules-based strategy that selects the top 27 stocks based on fundamental factors. AZTD uses a proprietary 6-factor fundamental model to assign stock rankings: cash flow generation, value, growth, capital structure quality, earnings revisions and momentum. The Fund's stock picks represent companies in developed markets across North America, Western Europe and Developed Asia, with market caps between $500 million and $10 billion. Energy, Real Estate and Pharmaceuticals are excluded.

AZTD tracks the Solactive Aztlan Global Developed Markets SMID Cap Index.

No, AZTD 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, AZTD 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 AZTD is -0.0215%. This is the percent change in the value of AZTD over the most recent 1-month period. The 3-month return on AZTD is -0.0411%. This is the percent change in the value of AZTD over the most recent 3-month period.

The standard deviation of AZTD for the past year is 0.1862%. 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 AZTD include PBW, IGF, and ARKK.

ETFs correlated to AZTD include CVRD, AVGE, and SPGM.

ETFs that are inversely correlated to AZTD include EFZ, TZA, and RWM.

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.