Skip to Content

Kovitz Core Equity ETF

EQTY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 28 2011
Expense Ratio
0.99%
Type
Global Equities
Fund Owner
Kovitz
Volume (1m avg. daily)
$696,922
AUM
$756,670,324
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

GOOG
Alphabet Inc - Ordinary Shares - Class C
4.31%
AAPL
Apple Inc
4.27%
BDX
Becton, Dickinson And Co.
4.26%
PM
Philip Morris International Inc
4.01%
MSI
Motorola Solutions Inc
3.95%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
3.90%
V
Visa Inc - Ordinary Shares - Class A
3.72%
ADI
Analog Devices Inc.
3.70%
J
Jacobs Solutions Inc
3.53%
JPM
JPMorgan Chase & Co.
3.43%
Invest with EQTY

What is EQTY?

The Kovitz Core Equity ETF invests primarily in equity securities of U.S. and foreign companies. Kovitz Investment Group Partners, LLC (the "Adviser") generally selects equity securities of high quality companies believed by the Adviser to be undervalued. Equity securities in which the Fund may invest include common stocks and common stock equivalents (such as rights or warrants, which give the Fund the ability to purchase the common stock, and convertible securities, which are securities that are convertible into the common stock). The Fund also may invest in foreign companies, either directly or through depositary receipts, which are receipts issued by U.S. banks for shares of a foreign corporation that entitle the holder to dividends and capital gains on the underlying security. The Fund may invest in companies of any market capitalization, including small and mid capitalization companies. The Adviser's starting universe is the constituents of the S&P 500 Index and the non-U.S. based companies in the S&P Global 100 Index.

ETFs related toEQTY

ETFs correlated to EQTY include TILT, DFSU, AVSU

EQTY
Valued Advisers Trust - Kovitz Core Equity ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
AVSU
American Century ETF Trust - Avantis Responsible U.S. Equity ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
ESGV
Vanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 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 toEQTY

#SIN

Safety in Sin Stocks

Category

Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EQTY using Composer

FAQ

EQTY is a Global Equities ETF. The Kovitz Core Equity ETF invests primarily in equity securities of U.S. and foreign companies. Kovitz Investment Group Partners, LLC (the "Adviser") generally selects equity securities of high quality companies believed by the Adviser to be undervalued. Equity securities in which the Fund may invest include common stocks and common stock equivalents (such as rights or warrants, which give the Fund the ability to purchase the common stock, and convertible securities, which are securities that are convertible into the common stock). The Fund also may invest in foreign companies, either directly or through depositary receipts, which are receipts issued by U.S. banks for shares of a foreign corporation that entitle the holder to dividends and capital gains on the underlying security. The Fund may invest in companies of any market capitalization, including small and mid capitalization companies. The Adviser's starting universe is the constituents of the S&P 500 Index and the non-U.S. based companies in the S&P Global 100 Index.

Yes, EQTY 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, EQTY 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 EQTY is -0.0294%. This is the percent change in the value of EQTY over the most recent 1-month period. The 3-month return on EQTY is 0.0498%. This is the percent change in the value of EQTY over the most recent 3-month period.

ETFs similar to EQTY include DGS, IDV, and DXJ.

ETFs correlated to EQTY include TILT, DFSU, and AVSU.

ETFs that are inversely correlated to EQTY include SH, 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.