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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)
$2,837
AUM
$20,344,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

6323
Rorze Corporation
1.98%
CAR
Carsales.com Limited
1.44%
SEK
Seek Limited
1.42%
FSV
FIRSTSERVICE CORP
1.37%
FFH
FAIRFAX FINANCIAL HLDGS LTD
1.35%
ENT
ENTAIN PLC
1.34%
NVEI
Nuvei Corporation - Ordinary Shares (Sub Voting)
1.33%
HUB
HUB24 Limited
1.32%
CCC
COMPUTACENTER PLC
1.29%
BGNE
BeiGene Ltd - ADR
1.29%
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 IRBO, ROBO, XT

ERSX
Entrepreneurshares Series Trust - ERShares NextGen Entrepreneurs ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
ROBO
Exchange Traded Concepts Trust - ETCT ROBO Global Robotics and Automation Index ETF
XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
RXI
BlackRock Institutional Trust Company N.A. - iShares Global Consumer Discretionary ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
CGXU
Capital Group Companies Inc - Capital Group International Focus Equity 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 -0.0381%. This is the percent change in the value of ERSX over the most recent 1-month period. The 3-month return on ERSX is 0.025%. 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 0.254%. 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 TAN, EFG, and PBW.

ETFs correlated to ERSX include IRBO, ROBO, and XT.

ETFs that are inversely correlated to ERSX include HIBS, SRTY, and TZA.

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.