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Sterling Capital Diverse Multi-Manager Active ETF

DEIF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 13 2021
Expense Ratio
0.65%
Type
US Equities
Fund Owner
Sterling Capital
Volume (1m avg. daily)
$7,058
AUM
$96,577,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

NVDA
NVIDIA Corp
3.62%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.54%
LLY
Lilly(Eli) & Co
3.45%
MSFT
Microsoft Corporation
3.06%
AMZN
Amazon.com Inc.
2.89%
SLB
SLB
2.73%
UNH
Unitedhealth Group Inc
2.42%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.29%
n/a
US DOLLARS
2.15%
CNQ
Canadian Natural Resources Ltd.
2.05%
Invest with DEIF

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

DEIF
Northern Lights Fund Trust IV - Sterling Capital Diverse Multi-Manager Active ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XLSR
SSgA Active Trust - SPDR SSGA U.S. Sector Rotation ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
FLQL
Franklin Templeton ETF Trust - Franklin U.S. Large Cap Multifactor Index ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund

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 toDEIF

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with DEIF using Composer

FAQ

DEIF is a US Equities ETF. 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.

Yes, DEIF 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, DEIF 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 DEIF is -0.0134%. This is the percent change in the value of DEIF over the most recent 1-month period. The 3-month return on DEIF is 0.0007%. This is the percent change in the value of DEIF over the most recent 3-month period.

The standard deviation of DEIF for the past year is 0.1508%. 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 DEIF include SPHQ, DSI, and QUAL.

ETFs correlated to DEIF include LGRO, GAUG, and XLSR.

ETFs that are inversely correlated to DEIF include SH, SDS, and SPDN.

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.