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ETFs

BICK
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 12 2010
Expense Ratio
0.64%
Type
Global Ex. US Equities
Fund Owner
First Trust
Volume (1m avg. daily)
$47,320
AUM
$12,645,056
Associated Index
ISE BICK Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
US Dollar
100.00%
Invest with BICK

What is BICK?

The First Trust BICK Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before the Funds fees and expenses of an equity index call the ISE BICK (Brazil India China South Korea) Index.

ETFs related toBICK

ETFs correlated to BICK include EMC, RMIF, KLIP

BICK
First Trust Exchange-Traded Fund III - First Trust BICK Index Fund
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF
RMIF
ETF Series Solutions Trust - LHA Risk-Managed Income ETF
KLIP
KraneShares Trust - KraneShares China Internet and Covered Call Strategy ETF
STXE
EA Series Trust - Strive Emerging Markets Ex-China ETF
MDLV
EA Series Trust - Morgan Dempsey Large Cap Value ETF
GMAY
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - May

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 toBICK

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BICK using Composer

FAQ

BICK is a Global Ex. US Equities ETF. The First Trust BICK Index Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before the Funds fees and expenses of an equity index call the ISE BICK (Brazil India China South Korea) Index.

BICK tracks the ISE BICK Index.

No, BICK 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, BICK 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 BICK is 0.0098%. This is the percent change in the value of BICK over the most recent 1-month period. The 3-month return on BICK is 0.0746%. This is the percent change in the value of BICK over the most recent 3-month period.

The standard deviation of BICK for the past year is 0.3739%. 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 BICK include VWO, EEM, and VGK.

ETFs correlated to BICK include EMC, RMIF, and KLIP.

ETFs that are inversely correlated to BICK include EDZ, YANG, and SARK.

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.