Snapshot*
Top 10 Holdings
What is FXG?
The First Trust Consumer Staples AlphaDEX Fund is an exchange-traded Fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before fees and expenses of an equity index called the StrataQuant Consumer Staples Index.
ETFs related toFXG
ETFs correlated to FXG include PBJ, RSPS, FTXG
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 toFXG
Stoic Finance Presents: Inflation Spiral Hedge
Pick the Trending Sector
Create your own algorithmic trading strategy with FXG using Composer
News Related to FXG
Flowers Foods Cuts Annual Outlook As Tariffs Bite Into Profit
May 16, 2025 • by Nabaparna Bhattacharya
Bunge, Repsol Launch Next-Gen Biofuel Initiative In Europe, Target 90% Emissions Cut
Apr 24, 2025 • by Lekha Gupta
Flowers Foods Expands Snacking Segment With $795 Million Simple Mills Acquisition
Jan 8, 2025 • by Lekha Gupta
Listeria Scare Prompts Albertsons To Recall Certain Ready-To-Eat Meals In Multiple States
Oct 14, 2024 • by Lekha Gupta
FAQ
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.