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ETFs

Strategy Shares Strategy Shares Nasdaq 5HANDL Index ETF

FIVR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 28 2021
Expense Ratio
0.88%
Type
US Diversified
Fund Owner
Strategy Shares
Volume (1m avg. daily)
$7,068
AUM
$2,115,000
Associated Index
Nasdaq 5HANDL Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No

Top 10 Holdings

n/a
CASH AND CASH EQUIVALENTS
100.00%
Invest with FIVR

What is FIVR?

The Strategy Shares Nasdaq 5HANDL Index ETF (FIVR) is a target distribution ETF designed to seek investment results that correlate generally, before fees and expenses, to the price and yield performance of the Nasdaq 5HANDL Index. The index consists of ETFs that are split into two equally weighted categories, a Core Portfolio and a Dorsey Wright Explore Portfolio. The Core Portfolio consists of a 70% allocation to U.S. aggregate fixed-income ETFs and a 30% allocation to U.S. large cap equity ETFs. The Dorsey Wright Explore Portfolio consists of an allocation to ETFs in various U.S. asset categories that have historically provided high levels of income, using a tactical asset allocation methodology developed in consultation with Nasdaq Dorsey Wright Investment Research & Analysis that seeks to incorporate momentum, yield and risk. The Nasdaq 5HANDL ETF has adopted a policy to pay monthly distributions on Fund shares at a target rate that represents an annualized payout of approximately 5.0% on the Fund s per-share net asset value on the date of a distribution s declaration. All or a portion of a distribution may consist of a return of capital from the original investment and the distribution rate may be modified at any time.

ETFs related toFIVR

ETFs correlated to FIVR include HNDL, AOM, CGMS

FIVR
Strategy Shares - Strategy Shares Nasdaq 5HANDL Index ETF
HNDL
Strategy Shares - Nasdaq 7HANDL Index ETF 1.23x Shares
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
NTSX
WisdomTree Trust - WisdomTree U.S. Efficient Core Fund
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
STRV
EA Series Trust - Strive 500 ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
PABU
iShares Trust - iShares Paris-Aligned Climate MSCI USA 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 toFIVR

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#LSPC

Lever up S&P with a Commodity Hedge

Category

Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

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Create your own algorithmic trading strategy with FIVR using Composer

FAQ

FIVR is a US Diversified ETF. The Strategy Shares Nasdaq 5HANDL Index ETF (FIVR) is a target distribution ETF designed to seek investment results that correlate generally, before fees and expenses, to the price and yield performance of the Nasdaq 5HANDL Index. The index consists of ETFs that are split into two equally weighted categories, a Core Portfolio and a Dorsey Wright Explore Portfolio. The Core Portfolio consists of a 70% allocation to U.S. aggregate fixed-income ETFs and a 30% allocation to U.S. large cap equity ETFs. The Dorsey Wright Explore Portfolio consists of an allocation to ETFs in various U.S. asset categories that have historically provided high levels of income, using a tactical asset allocation methodology developed in consultation with Nasdaq Dorsey Wright Investment Research & Analysis that seeks to incorporate momentum, yield and risk. The Nasdaq 5HANDL ETF has adopted a policy to pay monthly distributions on Fund shares at a target rate that represents an annualized payout of approximately 5.0% on the Fund s per-share net asset value on the date of a distribution s declaration. All or a portion of a distribution may consist of a return of capital from the original investment and the distribution rate may be modified at any time.

FIVR tracks the Nasdaq 5HANDL Index.

No, FIVR 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, FIVR 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 FIVR is -0.0082%. This is the percent change in the value of FIVR over the most recent 1-month period. The 3-month return on FIVR is 0.0262%. This is the percent change in the value of FIVR over the most recent 3-month period.

The standard deviation of FIVR for the past year is 0.1102%. 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 FIVR include AMAX, GAL, and FPEI.

ETFs correlated to FIVR include HNDL, AOM, and CGMS.

ETFs that are inversely correlated to FIVR include SPXU, SPXS, and SPDN.

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.