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ETFs

Formidable ETF

FORH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 30 2021
Expense Ratio
1.19%
Type
Global Equities
Fund Owner
Formidable Funds
Volume (1m avg. daily)
$39,696
AUM
$29,703,055
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

B 0 12/21/23
UNITED STATES TREASURY BILL ZCP
6.97%
ATVI
Activision Blizzard Inc
6.82%
ACTG
Acacia Research Corp
6.11%
n/a
CASH AND CASH EQUIVALENTS
5.96%
FLUX
Flux Power Holdings inc
5.22%
MO
Altria Group Inc.
4.58%
WPM
Wheaton Precious Metals Corp
3.91%
BTI
British American Tobacco Plc - ADR
3.70%
ET
Energy Transfer LP - Unit
3.61%
LAC
Lithium Americas Corp
3.55%
Invest with FORH

What is FORH?

Under normal market conditions, the Fund seeks to meet its investment objective by investing primarily in equity securities, including common stocks, preferred stocks, related depository receipts (i.e., American Depository Receipts or ADRs, European Depository Receipts or EDRs, and Global Depository Receipts or GDRs ), real estate investment trusts ( REITs ), and other equity investments or ownership interests in business enterprises . The Fund invests predominantly in common stocks . The Fund s investments are the responsibility of the Adviser and the Fund s sub-adviser, Toroso Asset Management (the Sub-Adviser ) . The Adviser, working together with the Sub-Adviser, makes buy, hold and sell decisions with respect to Fund portfolio securities using an investment process that combines top-down and bottom-up research and analysis . The top-down portion of the investment process seeks to identify attractive investment themes and market inefficiencies . The bottom-up portion of the process is used to make buy and sell decisions for equity securities . Both quantitative and fundamental analysis are used by the Adviser, along with valuation and technical considerations .

ETFs related toFORH

ETFs correlated to FORH include EWC, EQAL, AOA

FORH
ETF Opportunities Trust - Formidable ETF
EWC
BlackRock Institutional Trust Company N.A. - iShares MSCI Canada ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
BBCA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Canada ETF
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund 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

FORH is a Global Equities ETF. Under normal market conditions, the Fund seeks to meet its investment objective by investing primarily in equity securities, including common stocks, preferred stocks, related depository receipts (i.e., American Depository Receipts or ADRs, European Depository Receipts or EDRs, and Global Depository Receipts or GDRs ), real estate investment trusts ( REITs ), and other equity investments or ownership interests in business enterprises . The Fund invests predominantly in common stocks . The Fund s investments are the responsibility of the Adviser and the Fund s sub-adviser, Toroso Asset Management (the Sub-Adviser ) . The Adviser, working together with the Sub-Adviser, makes buy, hold and sell decisions with respect to Fund portfolio securities using an investment process that combines top-down and bottom-up research and analysis . The top-down portion of the investment process seeks to identify attractive investment themes and market inefficiencies . The bottom-up portion of the process is used to make buy and sell decisions for equity securities . Both quantitative and fundamental analysis are used by the Adviser, along with valuation and technical considerations .

Yes, FORH 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, FORH 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 FORH is -0.0218%. This is the percent change in the value of FORH over the most recent 1-month period. The 3-month return on FORH is -0.0386%. This is the percent change in the value of FORH over the most recent 3-month period.

The standard deviation of FORH for the past year is 0.1526%. 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 FORH include QQH, RODM, and MOTI.

ETFs correlated to FORH include EWC, EQAL, and AOA.

ETFs that are inversely correlated to FORH include TZA, TWM, and SRTY.

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.