Sterling Capital Diverse Multi-Manager Active ETF
Top 10 Holdings
What is DEIF?
The Sterling Capital Diverse Multi-Manager Active ETF seeks long-term capital appreciation through strategies managed by sub-advisers that are majority diverse-owned (i.e. greater than 50 percent owned, controlled, and operated by persons of designated diverse background, including women, racial minorities, LGBTQ+ individuals, veterans, and disabled individuals). The fund seeks to achieve its objective by investing in U.S. large-cap and mid-cap strategies.
ETFs related toDEIF
ETFs correlated to DEIF include LGRO, GAUG, XLSR
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.
Controlling for Volatility
Getting Defensive, Worried about Inflation?
Follow the Global Trend
Momentum, Lever Up, Go Global, Diversification
Create your own algorithmic trading strategy with DEIF 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.