Skip to Content
ETFs

EquityCompass Risk Manager ETF

ERM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 10 2017
Expense Ratio
0.65%
Type
US Diversified
Fund Owner
First Trust
Volume (1m avg. daily)
$18,878
AUM
$16,174,024
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
US Dollar
50.95%
NVDA
NVIDIA Corp
0.71%
META
Meta Platforms Inc - Ordinary Shares - Class A
0.63%
AMD
Advanced Micro Devices Inc.
0.57%
CRM
Salesforce Inc
0.48%
TSLA
Tesla Inc
0.47%
AVGO
Broadcom Inc
0.47%
MSFT
Microsoft Corporation
0.47%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
0.44%
AAPL
Apple Inc
0.43%
Invest with ERM

What is ERM?

The EquityCompass Risk Manager ETF is an actively managed exchange-traded fund. The Funds investment objective is to provide long term capital appreciation with capital preservation as a secondary objective. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing in equity securities of U.S. companies. During periods when the U.S. equity market is determined to be unfavorable by the Funds sub-advisor, Choice Financial Partners, Inc. d/b/a EquityCompass Strategies, the Fund may invest all or a portion of its assets in cash, cash equivalents and short term fixed income.

ETFs related toERM

ETFs correlated to ERM include AVGE, VLU, JVAL

ERM
First Trust Exchange-Traded Fund III - EquityCompass Risk Manager ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
VLU
SPDR Series Trust - SPDR S&P 1500 Value Tilt ETF
JVAL
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Value Factor ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
GSEW
Goldman Sachs ETF Trust - Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index 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 toERM

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with ERM using Composer

FAQ

ERM is a US Diversified ETF. The EquityCompass Risk Manager ETF is an actively managed exchange-traded fund. The Funds investment objective is to provide long term capital appreciation with capital preservation as a secondary objective. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing in equity securities of U.S. companies. During periods when the U.S. equity market is determined to be unfavorable by the Funds sub-advisor, Choice Financial Partners, Inc. d/b/a EquityCompass Strategies, the Fund may invest all or a portion of its assets in cash, cash equivalents and short term fixed income.

Yes, ERM 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, ERM 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 ERM is -0.0114%. This is the percent change in the value of ERM over the most recent 1-month period. The 3-month return on ERM is -0.0036%. This is the percent change in the value of ERM over the most recent 3-month period.

The standard deviation of ERM for the past year is 0.1227%. 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 ERM include FPEI, RLY, and AOA.

ETFs correlated to ERM include AVGE, VLU, and JVAL.

ETFs that are inversely correlated to ERM include SH, SPDN, and SPXS.

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.