Morgan Creek - Exos Active SPAC Arbitrage ETF
Top 10 Holdings
What is CSH?
The CSH ETF is designed to act as an alternative to cash in investor portfolios. It is meant to provide the safety of the highest quality collateral - such as US T-bills or other cash equivalents - without giving up the ability to earn a return. It does this by investing in and trading only a subset of equity securities that are collateralized on the downside by T-bills, yet have the ability to generate upside via equity options embedded in the securities. This type of security is called a "pre-combination" SPAC. CSH is an active strategy designed around the unique attributes of these securities to first and foremost protect investor capital at all times via the T-bill collateral and only then to opportunistically generate return by trading the underlying collateral and options embedded in the securities.
ETFs related toCSH
ETFs correlated to CSH include FLDR, AGZD, GSY
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.
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.