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ALPS Disruptive Technologies ETF

DTEC
$--
Today’s Change
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Snapshot
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Inception Date
Dec 28 2017
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
ALPS
Volume (1m avg. daily)
$528,542
AUM
$119,439,434
Associated Index
Indxx Disruptive Technologies Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

ALGN
Align Technology, Inc.
1.69%
AMS
ams-OSRAM AG
1.30%
CRM
Salesforce Inc
1.22%
AUTO
AutoStore Holdings Ltd
1.22%
SQ
Block Inc - Ordinary Shares - Class A
1.22%
PRLB
Proto Labs Inc
1.21%
ALGM
Allegro Microsystems Inc.
1.19%
SLAB
Silicon Laboratories Inc
1.17%
DT
Dynatrace Inc
1.16%
TEMN
TEMENOS AG
1.16%
Invest with DTEC

What is DTEC?

The Fund seeks to track the investment results of an index composed of global companies that enter traditional markets with new digital forms of production and distribution, and are likely to disrupt an existing market or value network. The Indxx Disruptive Technologies Index is based around companies that enter traditional markets with new digital forms of production and distribution, are likely to disrupt an existing market and value network, displace established market leading firms, products and alliances and increasingly gain market share.

ETFs related toDTEC

ETFs correlated to DTEC include XT, VOT, IWP

DTEC
ALPS Advisors Inc - ALPS Disruptive Technologies ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
NUMG
Nuveen Fund Advisors LLC - Nuveen ESG Mid-Cap Growth ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market 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.

Automated Strategies
Related toDTEC

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with DTEC using Composer

FAQ

DTEC is a Global Equities ETF. The Fund seeks to track the investment results of an index composed of global companies that enter traditional markets with new digital forms of production and distribution, and are likely to disrupt an existing market or value network. The Indxx Disruptive Technologies Index is based around companies that enter traditional markets with new digital forms of production and distribution, are likely to disrupt an existing market and value network, displace established market leading firms, products and alliances and increasingly gain market share.

The top holdings for DTEC include Align Technology, Inc., ams-OSRAM AG, and Salesforce Inc.

DTEC has 99 total holdings.

DTEC tracks the Indxx Disruptive Technologies Index.

No, DTEC is not actively managed. It is passively 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.

Yes, DTEC is passively 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 DTEC is 0.1121%. This is the percent change in the value of DTEC over the most recent 1-month period. The 3-month return on DTEC is 0.1806%. This is the percent change in the value of DTEC over the most recent 3-month period.

The standard deviation of DTEC for the past year is 0.3153%. 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 DTEC include EEMV, TAN, and PBW.

ETFs correlated to DTEC include XT, VOT, and IWP.

ETFs that are inversely correlated to DTEC include HIBS, WEBS, and QID.

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.