Skip to Content

Roundhill Acquirers Deep Value ETF

DEEP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 22 2014
Expense Ratio
0.80%
Type
US Equities
Fund Owner
Roundhill Financial
Volume (1m avg. daily)
$168,710
AUM
$41,721,250
Associated Index
Acquirers Deep Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

WRLD
World Acceptance Corp.
1.56%
ZEUS
Olympic Steel Inc.
1.24%
UVE
Universal Insurance Holdings Inc
1.18%
RYI
Ryerson Holding Corp.
1.17%
HLF
Herbalife Nutrition Ltd
1.13%
NRP
NATURAL RESOURCE PARTNERS LP
1.12%
EVC
Entravision Communications Corp. - Ordinary Shares - Class A
1.11%
SWBI
Smith & Wesson Brands Inc
1.11%
HOV
Hovnanian Enterprises, Inc. - Ordinary Shares - Class A
1.10%
WW
WW International Inc
1.10%
Invest with DEEP

What is DEEP?

The Roundhill Acquirers Deep Value ETF ( DEEP ETF ) is designed to offer retail and institutional investors exposure to deeply valued stock, seeking to provide investment results that closely correspond, before fees and expenses, to the performance of the Acquirers Deep Value Index ( DEEP Index ). The Acquirers Deep Value Index seeks to find deeply undervalued small-and-micro cap stocks using the Acquirers Multiple, the measure used by activists and buyout firms to identify targets. Index Changed its strategy on 10/26/2020. Its focus shifted from large cap to small and micro cap.

ETFs related toDEEP

ETFs correlated to DEEP include EES, WCEO, ROSC

DEEP
ETF Series Solutions Trust - Roundhill Acquirers Deep Value ETF
EES
WisdomTree Trust - WisdomTree U.S. SmallCap Fund
WCEO
Two Roads Shared Trust - Hypatia Women CEO ETF
ROSC
Lattice Strategies Trust - Hartford Multifactor Small Cap ETF
EWSC
Invesco Capital Management LLC - Invesco S&P SmallCap 600 Equal Weight ETF
DSMC
ETF Series Solutions Trust - Distillate Small/Mid Cash Flow ETF
FLQS
Franklin Templeton ETF Trust - Franklin U.S. Small Cap Multifactor Index ETF
SSLY
Syntax ETF Trust - Syntax Stratified SmallCap ETF
FYT
First Trust Exchange-Traded Fund III - First Trust Small Cap Value AlphaDEX Fund
SMLE
DBX ETF Trust - Xtrackers S&P SmallCap 600 ESG ETF
QVMS
Invesco Exchange-Traded Fund Trust II - Invesco S&P SmallCap 600 QVM Multi-factor 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 toDEEP

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Can contain

DEEPVTV
#OPUS-12

Opus-12

Category

Opus

Risk Rating

Moderate

Can contain

DEEPVTV

Create your own algorithmic trading strategy with DEEP using Composer

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.