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Roundhill IO Digital Infrastructure ETF

BYTE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 28 2021
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Roundhill Financial
Volume (1m avg. daily)
$6,872
AUM
$3,147,390
Associated Index
IO Digital Infrastructure Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

CMCSA
Comcast Corp - Ordinary Shares - Class A
8.20%
CHTR
Charter Communications Inc. - Ordinary Shares - Class A
7.86%
CLNX
CELLNEX TELECOM SA
6.70%
CCA
COGECO COMMUNICATIONS INC
6.55%
AMT
American Tower Corp.
5.61%
GOGO
Gogo Inc
5.37%
EQIX
Equinix Inc
4.26%
CCOI
Cogent Communications Holdings Inc
4.24%
788
China Tower Corporation Limited - Ordinary Shares - Class H
4.20%
CABO
Cable One Inc
3.67%
Invest with BYTE

What is BYTE?

The Roundhill IO Digital Infrastructure ETF ( BYTE ETF ) is designed to offer investors exposure to digital infrastructure by seeking to provide investment results that track, before fees and expenses, the performance of the IO Digital Infrastructure Index ( BYTE Index ). Digital infrastructure is comprised of the high-tech physical assets that support the efficient storage and transmission of data, powering the internet. These assets include fixed-line, high-speed data transmission technology (such as fiber optic cable and certain last-mile technologies that bring data to and from the end-user); data centers; mobile towers and related infrastructure; and other long-lived physical infrastructure assets. The IO Digital Infrastructure Index is comprised of the common stock of 40 U.S. and foreign exchange-listed companies that earn a majority of their revenues from digital infrastructure assets.

ETFs related toBYTE

ETFs correlated to BYTE include SMOT, EQTY, BLLD

BYTE
Listed Funds Trust - Roundhill IO Digital Infrastructure ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
EQTY
Valued Advisers Trust - Kovitz Core Equity ETF
BLLD
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Sustainable Infrastructure ETF
UPWD
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Social Advancement ETF
IYZ
BlackRock Institutional Trust Company N.A. - iShares U.S. Telecommunications ETF
EMPW
Emerge ETF Trust - Emerge EMPWR Unified Sustainable Equity ETF
JHDV
John Hancock Exchange-Traded Fund Trust - John Hancock U.S. High Dividend ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
IQSM
IndexIQ ETF Trust - IQ Candriam ESG U.S. Mid Cap Equity ETF
IWTR
iShares Trust - iShares MSCI Water Management Multisector 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.

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.