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ETFs

ECOZ
$--
Today’s Change
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Snapshot
*

Inception Date
Mar 02 2020
Expense Ratio
0.58%
Type
US Equities
Fund Owner
TrueShares
Volume (1m avg. daily)
$52,199
AUM
$2,509,884
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
100.00%
Invest with ECOZ

What is ECOZ?

ECOZ seeks to provide total return by actively managing a diversi ed portfolio of large U.S. companies with attractive investment pro les that have also been screened to ensure they meet certain proprietary Environmental, Social, and Governance (ESG) standards, including a particular emphasis on carbon footprint.

ETFs related toECOZ

ETFs correlated to ECOZ include PABU, IYY, ESGV

ECOZ
Listed Funds Trust - TrueShares ESG Active Opportunities ETF
PABU
iShares Trust - iShares Paris-Aligned Climate MSCI USA ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
ESGV
Vanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity 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 toECOZ

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with ECOZ using Composer

FAQ

ECOZ is a US Equities ETF. ECOZ seeks to provide total return by actively managing a diversi ed portfolio of large U.S. companies with attractive investment pro les that have also been screened to ensure they meet certain proprietary Environmental, Social, and Governance (ESG) standards, including a particular emphasis on carbon footprint.

Yes, ECOZ 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, ECOZ 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 ECOZ is 0.0469%. This is the percent change in the value of ECOZ over the most recent 1-month period. The 3-month return on ECOZ is 0.1188%. This is the percent change in the value of ECOZ over the most recent 3-month period.

The standard deviation of ECOZ for the past year is 0.2011%. 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 ECOZ include SUSA, QUAL, and DSI.

ETFs correlated to ECOZ include PABU, IYY, and ESGV.

ETFs that are inversely correlated to ECOZ include SDS, SPXS, and SPXU.

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.