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ETFs

UVA Unconstrained Medium-Term Fixed Income ETF

FFIU
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 21 2017
Expense Ratio
0.53%
Type
Global Bonds
Fund Owner
Spinnaker ETF Trust
Volume (1m avg. daily)
$35,733
AUM
$67,214,375
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SGOL
abrdn ETF - abrdn Physical Gold Shares ETF
2.77%
SCHW4981659
Charles Schwab Corp Depositary Shs Repr 1/100th Non-Cum Red Perp Pfd Registered ShsSeries G
2.28%
n/a
US TREASURY N/B
1.76%
GS4911724
Goldman Sachs Group Inc Depositary Shs Repr 1/25th Non-Cum Red Perp Pfd Sh Series R
1.58%
n/a
SEAGATE HDD CA 5.75 12/34
1.42%
n/a
eBay 4 % Notes 2012-15.7.42 Sr
1.36%
n/a
Charles Schwab Corp. - FXDFR PRF PERPETUAL USD 1000 - Ser H
1.31%
DAL24
Delta Air Lines, Inc. - 2.90% NT REDEEM 28/10/2024 USD 2000
1.29%
THIFB
United States 3.125 % Treasury Bonds 2013-15.2.43
1.28%
n/a
Netflix 4.875 % Notes 2018-15.04.28 Gtd
1.18%
Invest with FFIU

What is FFIU?

The Fund seeks current income with limited risk to principal. The Fund seeks to achieve its investment objective of current income by investing principally in debt securities of any kind. The portfolio will be composed of U.S. and multinational paper rated BB or better and investment grade mortgages, but with a mandate to invest up to 20% of the assets without constraints.

ETFs related toFFIU

ETFs correlated to FFIU include UITB, SPAB, JCPB

FFIU
Spinnaker ETF Trust - UVA Unconstrained Medium-Term Fixed Income ETF
UITB
Victory Portfolios II - VictoryShares USAA Core Intermediate-Term Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
JCPB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Core Plus Bond ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
BGRN
iShares Trust - iShares USD Green Bond ETF
AGGY
WisdomTree Trust - WisdomTree Yield Enhanced U.S. Aggregate Bond Fund
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
BNDW
Vanguard Group, Inc. - Vanguard Total World Bond ETF
BSCV
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2031 Corporate Bond 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 toFFIU

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SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with FFIU using Composer

FAQ

FFIU is a Global Bonds ETF. The Fund seeks current income with limited risk to principal. The Fund seeks to achieve its investment objective of current income by investing principally in debt securities of any kind. The portfolio will be composed of U.S. and multinational paper rated BB or better and investment grade mortgages, but with a mandate to invest up to 20% of the assets without constraints.

Yes, FFIU 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, FFIU 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 FFIU is 0.0158%. This is the percent change in the value of FFIU over the most recent 1-month period. The 3-month return on FFIU is 0.0187%. This is the percent change in the value of FFIU over the most recent 3-month period.

The standard deviation of FFIU for the past year is 0.0863%. 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 FFIU include BIV, MINT, and BLV.

ETFs correlated to FFIU include UITB, SPAB, and JCPB.

ETFs that are inversely correlated to FFIU include TYO, PST, and TBX.

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.