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ETFs

Aztlan Global Stock Selection DM SMID ETF

AZTD
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 17 2022
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Aztlan
Volume (1m avg. daily)
$86,504
AUM
$41,637,330
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

BESI
BE SEMICONDUCTOR INDUSTRIES
4.60%
ELF
e.l.f. Beauty Inc
4.23%
PHARM
Pharming Group N.V.
4.16%
QRVO
Qorvo Inc
4.08%
9503
Kansai Electric Power Company Incorporated
4.04%
FR
VALEO
4.02%
AN
Autonation Inc.
4.00%
6532
BayCurrent Consulting Inc.
3.97%
BEZ
BEAZLEY PLC
3.97%
9697
Capcom Co Ltd
3.87%
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 SPDW, SCHC, VEA

AZTD
Tidal ETF Trust - Aztlan Global Stock Selection DM SMID ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund 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 -0.0274%. This is the percent change in the value of AZTD over the most recent 1-month period. The 3-month return on AZTD is -0.0398%. This is the percent change in the value of AZTD over the most recent 3-month period.

ETFs similar to AZTD include IGF, EFG, and PBW.

ETFs correlated to AZTD include SPDW, SCHC, and VEA.

ETFs that are inversely correlated to AZTD include EPV, RWM, and SRTY.

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.