Snapshot*
Top 10 Holdings
What is DRSK?
The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its objective through a hybrid fixed income and equity strategy. The Fund typically invests approximately 90% to 95% of its assets to obtain exposure to investment-grade corporate bonds (the Fixed Income Strategy ) and invests the remainder of its assets to obtain exposure to large capitalization U.S. stocks, while limiting downside risk (the Equity Strategy ). The Fund s Fixed Income Strategy seeks exposure to U.S. dollar-denominated, investment-grade corporate bonds of U.S. and non-U.S. issuers with maturities roughly evenly spaced across each of the next seven to eight years (also known as a bond ladder ). The Fund will primarily obtain this exposure through investments in ETFs ( Underlying Bond ETFs ) that each track the investment results of an index composed of such bonds maturing in a specified year during that period (e.g., bonds maturing in 2023). The Fund s Equity Strategy seeks exposure to large capitalization U.S. stocks by purchasing at-the-money, exchange-listed call options on approximately ten to twenty individual stocks (the Underlying Individual Equities ) or on one or more other ETFs that principally invest in large capitalization U.S. equity securities (the Underlying Equity ETFs ).
DRSKPerformance Measures**
for the time period Aug 8, 2018 to Aug 5, 2026
1M Trailing Return: 0.7%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 2.3%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -19.9%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 7.1%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.79
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.28
The annualized return divided by the max drawdown for the selected time period.
ETFs related toDRSK
ETFs correlated to DRSK include GAUG, XAUG, LGRO
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.
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.