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Element EV, Solar & Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures Strategy ETF

CHRG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 29 2022
Expense Ratio
0.95%
Type
Global Commodities & Metals
Fund Owner
Element Funds
Volume (1m avg. daily)
AUM
$5,708,317
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 03/30/2023
34.77%
n/a
UNITED STATES TREAS BILLS 06/29/2023
34.35%
n/a
Cash & Other
30.88%
n/a
Derivatives offset
-85.22%
Invest with CHRG

What is CHRG?

Element EV, Solar & Battery Materials (Lithium, Nickel, Copper, Cobalt) Futures Strategy ETF seeks long-term capital appreciation. The Fund seeks to achieve its investment objective by concentrating its investments in a combination of financial instruments that are economically linked to elements necessary for the production of batteries and Battery Energy Storage Systems ("BESS") used in the electric vehicle and solar industries. Such elements are currently lithium, nickel, copper, and cobalt. The Fund may also invest in financial instruments economically linked to manganese or graphite. The Fund may invest in securities of companies of all sizes.

ETFs related toCHRG

ETFs correlated to CHRG include BRLN, ZSB, PULT

CHRG
RBB Fund Trust(The) - Element EV, Solar & Battery Material Futures Strategy ETF
BRLN
BlackRock ETF Trust II - BlackRock Floating Rate Loan ETF
ZSB
USCF ETF Trust - USCF Sustainable Battery Metals Strategy Fund
PULT
Putnam ETF Trust - Putnam ESG Ultra Short ETF
JPST
J.P.Morgan Investment Management Inc. - JPMorgan Ultra-Short Income ETF
VAMO
Cambria Investment Management LP - Cambria ETF Trust Cambria Value and Momentum ETF
PRFD
Pimco Exchange Traded Fund - PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
HOLD
Advisorshares Trust - AdvisorShares North Square McKee Core Reserves ETF
RINF
ProShares Trust - ProShares Inflation Expectations ETF
SOGU
Investment Managers Series Trust II - AXS Short De-SPAC Daily ETF
SLVO
Credit Suisse AG Nassau Branch - Credit Suisse X-Links Silver Shares Covered Call ETN

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 toCHRG

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Can contain

CHRGGLD
#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Can contain

CHRGGLD

Create your own algorithmic trading strategy with CHRG using Composer

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.