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LeaderShares Dynamic Yield ETF

DYLD
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jun 28 2021
Expense Ratio
0.75%
Type
Global Bonds
Fund Owner
LeaderShares
Volume (1m avg. daily)
$609,035
AUM
$101,790,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

n/a
B 02/09/23
14.96%
n/a
B 03/16/23
6.95%
n/a
B 01/26/23
5.41%
n/a
B 02/23/23
5.38%
n/a
T 1 1/2 02/29/24
5.17%
n/a
T 1 1/2 02/15/25
5.14%
n/a
BBH SWEEP VEHICLE
4.61%
BRK5107865
KHC 3 7/8 05/15/27
0.60%
BRK4362687
KHC 3 06/01/26
0.58%
HCA/30
HCA Inc. - 3.50% NT REDEEM 01/09/2030 USD 2000
0.56%
Invest with DYLD

What is DYLD?

The LeaderShares Dynamic Yield ETF seeks current income. The Fund is an actively managed exchange traded fund ( ETF ) that employs a top-down investment process driven by a quantitative model process that incorporates various fundamental and technical inputs to help the Adviser determine the most attractive sectors and segments of the bond market from a risk-reward perspective. The Adviser utilizes its quantitative research models to seek to identify when the opportunities for yield from increased credit risk and/or duration risk is sufficient to compensate for the relative risk of those exposures as compared to lower credit risk and/or shorter duration risk, and when to take more defensive positions if the yield premium relative to risk is less attractive due to greater risk of loss or downside volatility. The Fund normally invests, directly or indirectly, at least 80% of its net assets, including any borrowings for investment purposes, in a diversified portfolio of fixed income instruments. The Fund is not managed relative to an index and has broad flexibility to allocate its assets across different types of securities and sectors of the fixed income markets. The principal investments of the Fund include corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. The Fund may also invest in other investment companies, including other exchange-traded funds.

ETFs related toDYLD

ETFs correlated to DYLD include GDEF, GJAN, LQIG

DYLDTwo Roads Shared Trust - LeaderShares Dynamic Yield 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
LQIGSPDR Series Trust - SPDR MarketAxess Investment Grade 400 Corporate Bond ETF
IBDXiShares Trust - iShares iBonds Dec 2032 Term Corporate ETF
BNDISHP ETF Trust - NEOS Enhanced Income Aggregate Bond ETF
BSCWInvesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2032 Corporate Bond ETF
DFSBDimensional ETF Trust - Dimensional Global Sustainability Fixed Income ETF
RHCBBNY Mellon ETF Trust - BNY Mellon Responsible Horizons Corporate Bond ETF
JIGBJ.P. Morgan Exchange-Traded Fund Trust - JPMorgan Corporate Bond Research Enhanced ETF
LQDBlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond 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.