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ETFs

RiverNorth Patriot ETF

FLDZ
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Dec 31, 2021
Expense Ratio
0.75%
Type
US Equities
Fund Owner
TrueShares
Volume (1m avg. daily)
$155
AUM
$3,090,388
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
Cash & Other
2.7%
MPC
Marathon Petroleum Corp
0.61%
RIVN
Rivian Automotive Inc - Ordinary Shares - Class A
0.6%
DINO
HF Sinclair Corp.
0.56%
EOG
EOG Resources, Inc.
0.56%
CHTR
Charter Communications Inc. - Ordinary Shares - Class A
0.55%
NBIX
Neurocrine Biosciences, Inc.
0.54%
CI
Cigna Group (The)
0.52%
EPD
Enterprise Products Partners L P - Unit
0.51%
LBRDK
Liberty Broadband Corp - Ordinary Shares - Series C
0.51%
Invest with FLDZ
Trade FLDZ Options

What is FLDZ?

The Fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities, including common stock of mid cap and large cap companies, tied to the economy of the U.S. RiverNorth Capital Management, LLC, the Funds sub-adviser, will consider a company to be tied to the U.S. economy if: 1) the company is organized under the laws of the U.S.; 2) the shares of the company are traded principally in the U.S., and 3) the company generates at least 90% of its revenue from its activities in the U.S. In addition, to be eligible for inclusion in the Funds portfolio, a company also must have, at the time of purchase, a market capitalization over $5 billion.

1M
3M
6M
YTD
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3Y
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FLDZ
Performance Measures**

for the time period Jan 3, 2022 to Dec 4, 2025

Returns

1M Trailing Return: 3.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -0.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -19.5%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.5%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.40

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.28

The annualized return divided by the max drawdown for the selected time period.

ETFs related toFLDZ

ETFs correlated to FLDZ include EQAL, IWS, SCHM

FLDZ
Listed Funds Trust - RiverNorth Patriot ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight 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

FLDZ is a US Equities ETF. The Fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities, including common stock of mid cap and large cap companies, tied to the economy of the U.S. RiverNorth Capital Management, LLC, the Funds sub-adviser, will consider a company to be tied to the U.S. economy if: 1) the company is organized under the laws of the U.S.; 2) the shares of the company are traded principally in the U.S., and 3) the company generates at least 90% of its revenue from its activities in the U.S. In addition, to be eligible for inclusion in the Funds portfolio, a company also must have, at the time of purchase, a market capitalization over $5 billion.

Yes, FLDZ 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, FLDZ 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 FLDZ is -0.0147%. This is the percent change in the value of FLDZ over the most recent 1-month period. The 3-month return on FLDZ is 0.0082%. This is the percent change in the value of FLDZ over the most recent 3-month period.

The standard deviation of FLDZ for the past year is 0.1786%. 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 FLDZ include SPHQ, DSI, and QUAL.

ETFs correlated to FLDZ include EQAL, IWS, and SCHM.

ETFs that are inversely correlated to FLDZ include RWM, TZA, and TWM.

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.