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ETFs

Cambria Global Real Estate ETF

BLDG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 24 2020
Expense Ratio
0.59%
Type
Global Equities
Fund Owner
Cambria Funds
Volume (1m avg. daily)
$59,362
AUM
$25,788,049
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash Equivalent
2.87%
DANHOS13
CONCENTRADORA FIBRA DANHOS S
2.01%
YGGYO
YENI GIMAT GAYRIMENKUL ORTAK
1.85%
FIBRAMQ
FIBRA MACQUARIE MEXICO
1.84%
FUNO11
Fibra Uno Administracion SA de CV
1.82%
VICI
VICI Properties Inc
1.81%
TERRA13
TF ADMINISTRADORA S DE RL DE
1.77%
GTY
Getty Realty Corp.
1.69%
WHA
WERELDHAVE NV
1.69%
PSA
Public Storage
1.68%
Invest with BLDG

What is BLDG?

The Fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, primarily in the securities of domestic and foreign, including developed and emerging market, companies principally engaged in the real estate sector and real-estate related industries (collectively, real estate companies ) that exhibit favorable multi-factor metrics, such as value, quality and momentum, according to a quantitative methodology developed by Cambria Investment Management, L.P., the Fund s investment adviser ( Cambria ). For investment purposes, real estate companies are defined as (i) exchange-listed real estate investment trusts ( REITs ) and (ii) companies included in the real estate sector according to the Standard & Poor s Global Industry Classification Standards (GICS).

ETFs related toBLDG

ETFs correlated to BLDG include RWO, REET, AVRE

BLDG
Cambria Investment Management LP - Cambria Global Real Estate ETF
RWO
SSgA Active Trust - SPDR Dow Jones Global Real Estate ETF
REET
BlackRock Institutional Trust Company N.A. - iShares Global REIT ETF
AVRE
American Century ETF Trust - Avantis Real E state ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF
RWR
SPDR Series Trust - SPDR DJ Wilshire REIT ETF
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
IYR
BlackRock Institutional Trust Company N.A. - iShares U.S. Real Estate 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 toBLDG

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Create your own algorithmic trading strategy with BLDG using Composer

FAQ

BLDG is a Global Equities ETF. The Fund is actively managed and seeks to achieve its investment objective by investing, under normal market conditions, primarily in the securities of domestic and foreign, including developed and emerging market, companies principally engaged in the real estate sector and real-estate related industries (collectively, real estate companies ) that exhibit favorable multi-factor metrics, such as value, quality and momentum, according to a quantitative methodology developed by Cambria Investment Management, L.P., the Fund s investment adviser ( Cambria ). For investment purposes, real estate companies are defined as (i) exchange-listed real estate investment trusts ( REITs ) and (ii) companies included in the real estate sector according to the Standard & Poor s Global Industry Classification Standards (GICS).

Yes, BLDG is actively 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.

No, BLDG is not passively managed. It is actively 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 BLDG is -0.0447%. This is the percent change in the value of BLDG over the most recent 1-month period. The 3-month return on BLDG is -0.0363%. This is the percent change in the value of BLDG over the most recent 3-month period.

The standard deviation of BLDG for the past year is 0.197%. 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 BLDG include IXC, SMH, and IXN.

ETFs correlated to BLDG include RWO, REET, and AVRE.

ETFs that are inversely correlated to BLDG include REK, SRS, and DRV.

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.