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ETFs

Cultivar ETF

CVAR
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 21 2021
Expense Ratio
0.87%
Type
US Equities
Fund Owner
Cultivar Funds
Volume (1m avg. daily)
$156,804
AUM
$27,868,440
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

n/a
TREASURY NOTE
4.48%
CLB
Core Laboratories Inc
3.32%
PRLB
Proto Labs Inc
2.77%
SCS
Steelcase, Inc. - Ordinary Shares - Class A
2.28%
T
AT&T, Inc.
2.24%
NEM
Newmont Corp
2.07%
HCSG
Healthcare Services Group, Inc.
2.00%
INGR
Ingredion Inc
1.97%
n/a
US TREASURY N/B 08/50 1.375
1.95%
C
Citigroup Inc
1.83%
Invest with CVAR

What is CVAR?

The Fund is an actively managed exchange traded fund ( ETF ) that seeks to build a portfolio of approximately 50 to 100 securities across a broad spectrum of market capitalizations and sectors. To achieve its investment objective, the Fund invests primarily in equity securities traded on U.S. exchanges of any size that the Fund s investment adviser, Cultivar Capital, Inc. (the Adviser ), believes are under-valued, or under-appreciated, by other participants in the broader equity market. In selecting securities for the Fund, the Adviser screens the Fund s investment universe using an initial valuation assessment that is primarily quantitative, relying on core inputs selected by the Adviser. These core inputs drive the Adviser s discounted cash flow model that is used to derive a security s intrinsic value per share.

ETFs related toCVAR

ETFs correlated to CVAR include EQAL, EUSA, ESML

CVAR
ETF Opportunities Trust - Cultivar ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight 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 toCVAR

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with CVAR using Composer

FAQ

CVAR is a US Equities ETF. The Fund is an actively managed exchange traded fund ( ETF ) that seeks to build a portfolio of approximately 50 to 100 securities across a broad spectrum of market capitalizations and sectors. To achieve its investment objective, the Fund invests primarily in equity securities traded on U.S. exchanges of any size that the Fund s investment adviser, Cultivar Capital, Inc. (the Adviser ), believes are under-valued, or under-appreciated, by other participants in the broader equity market. In selecting securities for the Fund, the Adviser screens the Fund s investment universe using an initial valuation assessment that is primarily quantitative, relying on core inputs selected by the Adviser. These core inputs drive the Adviser s discounted cash flow model that is used to derive a security s intrinsic value per share.

Yes, CVAR 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, CVAR 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 CVAR is -0.0223%. This is the percent change in the value of CVAR over the most recent 1-month period. The 3-month return on CVAR is -0.0305%. This is the percent change in the value of CVAR over the most recent 3-month period.

The standard deviation of CVAR for the past year is 0.1868%. 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 CVAR include IWO, VTV, and VUG.

ETFs correlated to CVAR include EQAL, EUSA, and ESML.

ETFs that are inversely correlated to CVAR include TZA, SRTY, and TWM.

Disclaimers

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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.