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Top 10 Holdings
What is DIP?
BTD Capital Fund (Ticker: DIP) is a long-only equity ETF that offers investors the opportunity to capitalize on individual short-term mean reversions of large cap U.S. stocks, using proprietary artificial intelligence (AI) technology to identify target investments. Stock prices are sometimes temporarily driven to levels below their fair market value, creating potential opportunities to profit from a short-term bounce. AI may help to identify oversold stocks with the highest probability of experiencing a short-term bounce. DIP uses state-of-the-art technology to provide investors with exposure to "buy the dip" opportunities that exhibit strong expected profit potential.
ETFs related toDIP
ETFs correlated to DIP include BSVO, CVLC, XMAR
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 toDIP
Opus-8
Opus-12
Create your own algorithmic trading strategy with DIP using Composer
FAQ
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.