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ETFs

Arrow Investments Trust Arrow DWA Tactical ETF

DWAT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 01 2014
Expense Ratio
1.69%
Type
Global Diversified
Fund Owner
ArrowShares
Volume (1m avg. daily)
$7,915
AUM
$2,985,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

XLE
SSgA Active Trust - The Energy Select Sector SPDR Fund
12.03%
YPS
Arrow Investments Trust - Arrow Reverse Cap 500 ETF
11.03%
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
10.78%
SLV
BlackRock Institutional Trust Company N.A. - iShares Silver Trust
10.58%
XLI
SSgA Active Trust - Industrial Select Sector SPDR
10.28%
DTH
WisdomTree Trust - WisdomTree International High Dividend Fund
10.15%
RPV
Invesco Capital Management LLC - Invesco S&P 500 Pure Value ETF
9.55%
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
9.42%
XLB
SSgA Active Trust - Materials Select Sector SPDR
8.90%
DVY
BlackRock Institutional Trust Company N.A. - iShares Select Dividend ETF
8.09%
Invest with DWAT

What is DWAT?

Arrow DWA Tactical Macro ETF seeks long term capital appreciation with capital preservation as a secondary objective. The Fund seeks to achieve its investment objective by implementing a proprietary Relative Strength (RS) Global Macro model managed by Dorsey Wright & Associates (DWA).

ETFs related toDWAT

ETFs correlated to DWAT include DFLV, RLY, GFEB

DWAT
Arrow Investments Trust - Arrow DWA Tactical: Macro ETF
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
GFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February
DRLL
EA Series Trust - Strive U.S. Energy ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
IXC
BlackRock Institutional Trust Company N.A. - iShares Global Energy ETF
IYE
BlackRock Institutional Trust Company N.A. - iShares U.S. Energy ETF
DIG
ProShares Trust - ProShares Ultra Energy

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 toDWAT

#SIN

Safety in Sin Stocks

Category

Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with DWAT using Composer

FAQ

DWAT is a Global Diversified ETF. Arrow DWA Tactical Macro ETF seeks long term capital appreciation with capital preservation as a secondary objective. The Fund seeks to achieve its investment objective by implementing a proprietary Relative Strength (RS) Global Macro model managed by Dorsey Wright & Associates (DWA).

Yes, DWAT 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, DWAT 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 DWAT is -0.0087%. This is the percent change in the value of DWAT over the most recent 1-month period. The 3-month return on DWAT is -0.0312%. This is the percent change in the value of DWAT over the most recent 3-month period.

The standard deviation of DWAT for the past year is 0.2187%. 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 DWAT include AMJ, FPE, and PFF.

ETFs correlated to DWAT include DFLV, RLY, and GFEB.

ETFs that are inversely correlated to DWAT include DUG, ERY, and OILD.

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.