Top 10 Holdings
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
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.
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.