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ETFs

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)
$1,151,501
AUM
$857,608,703
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

GOOG
Alphabet Inc - Ordinary Shares - Class C
5.00%
PM
Philip Morris International Inc
4.67%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
4.41%
BDX
Becton Dickinson & Co.
4.23%
META
Meta Platforms Inc - Ordinary Shares - Class A
4.06%
J
Jacobs Solutions Inc
3.92%
AMZN
Amazon.com Inc.
3.77%
V
Visa Inc - Ordinary Shares - Class A
3.69%
SCHW
Charles Schwab Corp.
3.65%
ADI
Analog Devices Inc.
3.21%
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 DFSU, AVSU, TILT

EQTY
Valued Advisers Trust - Kovitz Core Equity ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
AVSU
American Century ETF Trust - Avantis Responsible U.S. Equity ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap 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.

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 -0.0033%. This is the percent change in the value of EQTY over the most recent 1-month period. The 3-month return on EQTY is 0.0161%. This is the percent change in the value of EQTY over the most recent 3-month period.

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

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

ETFs that are inversely correlated to EQTY include SH, SPXS, and SDS.

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.