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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)
$1,760
AUM
$94,920,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No

Top 10 Holdings

XOM
Exxon Mobil Corp.
3.50%
n/a
US DOLLARS
3.14%
UNH
Unitedhealth Group Inc
2.44%
SLB
SLB
2.09%
EXC
Exelon Corp.
2.00%
MRK
Merck & Co Inc
1.98%
SCHW
Charles Schwab Corp.
1.88%
PM
Philip Morris International Inc
1.74%
OXY
Occidental Petroleum Corp.
1.74%
WMT
Walmart Inc
1.65%
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 GDEF, GJAN, IWDL

DEIFNorthern Lights Fund Trust IV - Sterling Capital Diverse Multi-Manager Active ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
IWDLUBS AG London Branch - ETRACS 2x Leveraged US Value Factor TR ETN
JPUSJ.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
SNPVDBX ETF Trust - Xtrackers S&P ESG Value ETF
IWDBlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
VONVVanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
FNDBSchwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
PRFInvesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
FNDXSchwab Strategic Trust - Schwab Fundamental U.S. Large Company Index 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.

Disclaimers

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We show information directly obtained from our data provider, XigniteData 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 providerInformation 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.