Snapshot*
Top 10 Holdings
What is EMGC?
The investment objective of Emerge EMPWR Sustainable Select Growth Equity ETF (the Fund) is to seek long-term growth of capital. We seek to achieve the objective by investing primarily in equity securities of U.S. Mid-capitalization issuers that meet the Emerge ETF Sustainability investment criteria. Grace Capital applies a "bottom-up" research process that seeks to identify companies that it believes have long-term positive fundamentals trading at a discount to fair value based on Grace Capital's proprietary discounted cash flow, valuation models. Grace Capital identifies securities for investment that it believes have the potential for earnings or revenue growth, including companies it believes have the ability to pay high dividends. Grace Capital's strategy primarily focuses on identifying issuers that it believes have histories of steady revenue growth, consistent cash flow profitability, and earnings quality. Grace Capital identifies securities to be sold for several reasons, including when it believes the security is overvalued.
ETFs related toEMGC
ETFs correlated to EMGC include CVLC, IMCG, IWP
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 toEMGC
Diversify with Sin Stocks
Follow the Global Trend
Create your own algorithmic trading strategy with EMGC using Composer
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.