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ETFs

Defiance Next Gen Connectivity ETF

FIVG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 04 2019
Expense Ratio
0.30%
Type
Global Equities
Fund Owner
Defiance ETFs
Volume (1m avg. daily)
$2,898,643
AUM
$646,796,370
Associated Index
BlueStar 5G Communications Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AMD
Advanced Micro Devices Inc.
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MRVL
Marvell Technology Inc
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NXPI
NXP Semiconductors NV
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ADI
Analog Devices Inc.
5.08%
NOK
Nokia Corp - ADR
3.49%
ERIC
Telefonaktiebolaget L M Ericsson - ADR
2.77%
SWKS
Skyworks Solutions, Inc.
2.76%
VZ
Verizon Communications Inc
2.68%
KEYS
Keysight Technologies Inc
2.60%
TMUS
T-Mobile US Inc
2.59%
Invest with FIVG

What is FIVG?

FIVG offers investors liquid, transparent and low-cost access to companies engaged in the research & development or commercialization of systems and materials used in 5G communications. The underlying BlueStarGlobal 5G Communications Index tracks approximately 60 globally-listed stocks across all market capitalizations. The BlueStar 5G Communications Index is a rules based index that tracks the performance of a group of US-listed stocks, of global companies that are involved in the development of, or are otherwise instrumental in the rollout of 5G networks. These securities are part of the following categories: core carrier grade networking equipment including cellular antennas and routers, mobile network operators, satellite-based communications, enhanced mobile broadband chips, new radio technology, wireless network test and optimization equipment, cloud computing equipment, software defined networking or network functions virtualization, fiber optic cables, or cell tower and/or data center real estate investment trusts.

ETFs related toFIVG

ETFs correlated to FIVG include RYT, FXL, QTUM

FIVG
ETF Series Solutions Trust - Defiance Next Gen Connectivity ETF
RYT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
TDV
ProShares Trust - ProShares S&P Technology Dividend Aristocrats ETF
TDIV
First Trust Exchange-Traded Fund III - First Trust ETF VI First Trust NASDAQ Technology Dividend Index Fund
SNSR
Global X Funds - Global X Funds Global X Internet of Things ETF
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares

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

FIVG is a Global Equities ETF. FIVG offers investors liquid, transparent and low-cost access to companies engaged in the research & development or commercialization of systems and materials used in 5G communications. The underlying BlueStarGlobal 5G Communications Index tracks approximately 60 globally-listed stocks across all market capitalizations. The BlueStar 5G Communications Index is a rules based index that tracks the performance of a group of US-listed stocks, of global companies that are involved in the development of, or are otherwise instrumental in the rollout of 5G networks. These securities are part of the following categories: core carrier grade networking equipment including cellular antennas and routers, mobile network operators, satellite-based communications, enhanced mobile broadband chips, new radio technology, wireless network test and optimization equipment, cloud computing equipment, software defined networking or network functions virtualization, fiber optic cables, or cell tower and/or data center real estate investment trusts.

FIVG tracks the BlueStar 5G Communications Index.

No, FIVG is not actively managed. It is passively 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.

Yes, FIVG is passively 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 FIVG is 0.0453%. This is the percent change in the value of FIVG over the most recent 1-month period. The 3-month return on FIVG is 0.017%. This is the percent change in the value of FIVG over the most recent 3-month period.

The standard deviation of FIVG for the past year is 0.257%. 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 FIVG include KWEB, IXN, and IXC.

ETFs correlated to FIVG include RYT, FXL, and QTUM.

ETFs that are inversely correlated to FIVG include HIBS, SOXS, and TECS.

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.