Skip to Content
ETFs

IndexIQ ETF Trust IQ Chaikin U.S. Large Cap ETF

CLRG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 13 2017
Expense Ratio
0.25%
Type
US Equities
Fund Owner
Index IQ
Volume (1m avg. daily)
$51,094
AUM
$272,687,161
Associated Index
NASDAQ Chaikin Power US Large Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AVGO
Broadcom Inc
1.25%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.19%
CPRT
Copart, Inc.
1.16%
ORCL
Oracle Corp.
1.15%
MSFT
Microsoft Corporation
1.14%
AIG
American International Group Inc
1.14%
AVB
Avalonbay Communities Inc.
1.12%
ETN
Eaton Corporation plc
1.11%
BIIB
Biogen Inc
1.11%
SNOW
Snowflake Inc - Ordinary Shares - Class A
1.11%
Invest with CLRG

What is CLRG?

IQ Chaikin U.S. Large Cap ETF seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the NASDAQ Chaikin Power US Large Cap Index (the Underlying Index ). IQ Chaikin U.S. Large Cap ETF (CLRG) provides exposure to domestic large-cap equities through a multi-factor model. The NASDAQ Chaikin Power US Large Cap Index is a rules-based, quantitative index designed to enhance an existing index (NASDAQ US 300 Index) by selecting stocks with the highest Chaikin Power Gauge rating.

ETFs related toCLRG

ETFs correlated to CLRG include JHML, GSEW, LRGF

CLRG
IndexIQ ETF Trust - IQ Chaikin U.S. Large Cap ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
GSEW
Goldman Sachs ETF Trust - Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
DSTL
ETF Series Solutions Trust - Distillate U.S. Fundamental Stability & Value ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market 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.

FAQ

CLRG is a US Equities ETF. IQ Chaikin U.S. Large Cap ETF seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the NASDAQ Chaikin Power US Large Cap Index (the Underlying Index ). IQ Chaikin U.S. Large Cap ETF (CLRG) provides exposure to domestic large-cap equities through a multi-factor model. The NASDAQ Chaikin Power US Large Cap Index is a rules-based, quantitative index designed to enhance an existing index (NASDAQ US 300 Index) by selecting stocks with the highest Chaikin Power Gauge rating.

CLRG tracks the NASDAQ Chaikin Power US Large Cap Index.

No, CLRG 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, CLRG 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 CLRG is 0.007%. This is the percent change in the value of CLRG over the most recent 1-month period. The 3-month return on CLRG is 0.027%. This is the percent change in the value of CLRG over the most recent 3-month period.

The standard deviation of CLRG for the past year is 0.1997%. 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 CLRG include PKW, VIXY, and MOAT.

ETFs correlated to CLRG include JHML, GSEW, and LRGF.

ETFs that are inversely correlated to CLRG include SPDN, SPXS, and SDS.

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.