Top 10 Holdings
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, TILT, EUSA
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.
Opus, Investing for the Long-Term
Create your own algorithmic trading strategy with CVAR using Composer
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.