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Morgan Creek - Exos Active SPAC Arbitrage ETF

CSH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 01 2022
Expense Ratio
1.25%
Type
US Equities
Fund Owner
Morgan Creek Exos Financial
Volume (1m avg. daily)
$6,936
AUM
$8,324,322
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

MBAC
M3 Brigade Acquisition II Corp - Ordinary Shares - Class A
5.84%
LGTO
Legato Merger Corp II - Ordinary Shares - Class A
5.73%
HCNE
Jaws Hurricane Acquisition Corp - Ordinary Shares - Class A
4.13%
TRTL
TortoiseEcofin Acquisition Corp III - Ordinary Shares - Class A
3.80%
ACQR
Independence Holdings Corp - Ordinary Shares - Class A
3.43%
ALCC
AltC Acquisition Corp - Ordinary Shares - Class A
3.21%
n/a
Cash & Other
2.99%
GHIX
Gores Holdings IX Inc - Ordinary Shares - Class A
2.51%
FWAC
Fifth Wall Acquisition Corp III - Ordinary Shares - Class A
2.44%
HCVI
Hennessy Capital Investment Corp VI - Ordinary Shares - Class A
2.43%
Invest with CSH

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 XONE, TUA, FLDR

CSH
Listed Funds Trust - Morgan Creek - Exos Active SPAC Arbitrage ETF
XONE
BondBloxx ETF Trust - BondBloxx Bloomberg One Year Target Duration US Treasury ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
FLDR
Fidelity Covington Trust - Fidelity Low Duration Bond Factor ETF
PJFG
PGIM ETF Trust - PGIM Jennison Focused Growth ETF
SPSK
Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF
MLN
VanEck ETF Trust - VanEck Long Muni ETF
GSY
Invesco Capital Management LLC - Invesco Ultra Short Duration ETF
YEAR
AB Active ETFs Inc - AB Ultra Short Income ETF
EWT
BlackRock Institutional Trust Company N.A. - iShares MSCI Taiwan ETF
XHLF
BondBloxx ETF Trust - BondBloxx Bloomberg Six Month Target Duration US Treasury 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 toCSH

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with CSH using Composer

FAQ

CSH is a US Equities ETF. 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.

The top holdings for CSH include M3 Brigade Acquisition II Corp - Ordinary Shares - Class A, Legato Merger Corp II - Ordinary Shares - Class A, and Jaws Hurricane Acquisition Corp - Ordinary Shares - Class A.

CSH has 126 total holdings.

Yes, CSH 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, CSH 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 CSH is 0.0315%. This is the percent change in the value of CSH over the most recent 1-month period. The 3-month return on CSH is 0.0363%. This is the percent change in the value of CSH over the most recent 3-month period.

The standard deviation of CSH for the past year is 0.1063%. 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 CSH include VTI, QQQ, and IWM.

ETFs correlated to CSH include XONE, TUA, and FLDR.

ETFs that are inversely correlated to CSH include TUR, OPER, and SHV.

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.