Snapshot*
Top 10 Holdings
What is GII?
The SPDR FTSE/Macquarie Global Infrastructure 100 ETF before expenses seeks to closely match the returns and characteristics of the total return performance of the Macquarie Global Infrastructure 100 Index (ticker: MCGIGIDT) an equity index based upon the global infrastructure industry market. Our approach is designed to provide portfolios with low portfolio turnover accurate tracking and lower costs.
ETFs related toGII
ETFs correlated to GII include IGF, NFRA, PID
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 toGII
Follow the Global Trend
Create your own algorithmic trading strategy with GII using Composer
News Related to GII
Biden Trails Trump In Polls: Democrat Experts Pick 2 Big Issues For President To Win 2024 Election
Nov 22, 2023 • by Chris Katje
G-III Apparel Group Sees Q1 GAAP EPS $0.05-$0.15, Sales $460M vs $477.41M Est.
Mar 18, 2021 • by Bill HaddadNeedham Maintains Buy on SPDR S&P Global Infrastructure ETF, Lowers Price Target to $21
Mar 20, 2020 • by Benzinga NewsdeskG-III Apparel Group Shares Up 13.7% After Co. Announced Q1 Earnings Beat And Raised Its FY19 Sales And Net Income Outlook
Jun 5, 2018 • by BenzingaFAQ
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.