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ETFs

ERShares NextGen Entrepreneurs ETF

ERSX
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 27, 2018
Expense Ratio
0.75%
Type
Global Ex. US Equities
Fund Owner
EntrepreneurShares
Volume (1m avg. daily)
$6,074
AUM
$19,453,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

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Invest with ERSX

What is ERSX?

The ERShares ERSX ETF selects the most entrepreneurial, primarily Non US Small Cap companies, that meet the thresholds embedded in their proprietary Entrepreneur Factor. The Entrepreneur Factor incorporates a bottom up investment orientation, powered by artificial intelligence, that stands above other investment factors such as momentum, sector, growth, value, leverage, market cap (size), and geographic orientation. Moreover, with the aid of AI and Thematic Research, ERShares incorporates a macro economic, top down approach that integrates changing investment flows, innovation entry points, sector growth, and other characteristics into a dynamic, global perspective model.

ETFs related toERSX

ETFs correlated to ERSX include VT, XT, ACWI

ERSX
Entrepreneurshares Series Trust - ERShares NextGen Entrepreneurs ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World 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

ERSX is a Global Ex. US Equities ETF. The ERShares ERSX ETF selects the most entrepreneurial, primarily Non US Small Cap companies, that meet the thresholds embedded in their proprietary Entrepreneur Factor. The Entrepreneur Factor incorporates a bottom up investment orientation, powered by artificial intelligence, that stands above other investment factors such as momentum, sector, growth, value, leverage, market cap (size), and geographic orientation. Moreover, with the aid of AI and Thematic Research, ERShares incorporates a macro economic, top down approach that integrates changing investment flows, innovation entry points, sector growth, and other characteristics into a dynamic, global perspective model.

Yes, ERSX 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, ERSX 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 ERSX is -0.0414%. This is the percent change in the value of ERSX over the most recent 1-month period. The 3-month return on ERSX is -0.058%. This is the percent change in the value of ERSX over the most recent 3-month period.

The standard deviation of ERSX for the past year is 0.1988%. 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 ERSX include PBW, IGF, and ARKK.

ETFs correlated to ERSX include VT, XT, and ACWI.

ETFs that are inversely correlated to ERSX include HIBS, EFZ, and SPXS.

Disclaimers

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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.