Snapshot*
Top 10 Holdings
What is BIGT?
The Roundhill BIG Tech ETF (BIGT ETF) pursues its investment objective of capital appreciation by seeking exposure to between five and ten companies in the Technology Hardware Industry, E-Commerce Discretionary Industry; Internet Media & Services Industry; and Software Industry (collectively, the Technology industry). Roundhill selects the Underlying Issuers based on market capitalization, trading volumes, and sector relevance, in an attempt to identify the largest and most liquid companies representative of the Technology Industry.
ETFs related toBIGT
ETFs correlated to BIGT include GAUG, MGK, FNGU
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 toBIGT
Buy the Dips: Nasdaq 100
The Not Boring: Rising Rates with Vol Switch
Create your own algorithmic trading strategy with BIGT using Composer
FAQ
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.