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ETFs

Cambria Global Momentum ETF

GMOM
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Nov 04 2014
Expense Ratio
0.96%
Type
Global Diversified
Fund Owner
Cambria Funds
Volume (1m avg. daily)
$519,262
AUM
$176,800,027
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

GVAL
Cambria Investment Management LP - Cambria Global Value ETF
12.48%
EYLD
Cambria Investment Management LP - Cambria Emerging Shareholder Yield ETF
12.38%
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
12.21%
BAR
GraniteShares Gold Trust - GraniteShares Gold Shares
6.90%
DBP
Invesco DB Multi-Sector Commodity Trust - Invesco DB Precious Metals Fund
6.73%
KXI
BlackRock Institutional Trust Company N.A. - iShares Global Consumer Staples ETF
6.48%
EXI
BlackRock Institutional Trust Company N.A. - iShares Global Industrials ETF
6.27%
HYEM
VanEck ETF Trust - VanEck Emerging Markets High Yield Bond ETF
6.22%
ELD
WisdomTree Trust - WisdomTree Emerging Market Local Debt Fund
5.97%
IXN
BlackRock Institutional Trust Company N.A. - iShares Global Tech ETF
5.95%
Invest with GMOM

What is GMOM?

The Cambria Global Momentum ETF (the "Fund") seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The Fund intends to target investing in the top 33% of a target universe of approximately 50 ETFs based on measures of trailing momentum and trend. The portfolio begins with a universe of assets consisting of domestic and foreign stocks, bonds, real estate, commodities and currencies.

ETFs related toGMOM

ETFs correlated to GMOM include RLY, IGE, PXI

GMOM
Cambria Investment Management LP - Cambria Global Momentum ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
IGE
BlackRock Institutional Trust Company N.A. - iShares North American Natural Resources ETF
PXI
Invesco Capital Management LLC - Invesco DWA Energy Momentum ETF
IXC
BlackRock Institutional Trust Company N.A. - iShares Global Energy ETF
FCG
First Trust Exchange-Traded Fund III - First Trust Natural Gas ETF
GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
FTXN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Oil & Gas ETF
NANR
SSgA Active Trust - SPDR S&P North American Natural Resources ETF
RYE
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy 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

GMOM is a Global Diversified ETF. The Cambria Global Momentum ETF (the "Fund") seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The Fund intends to target investing in the top 33% of a target universe of approximately 50 ETFs based on measures of trailing momentum and trend. The portfolio begins with a universe of assets consisting of domestic and foreign stocks, bonds, real estate, commodities and currencies.

Yes, GMOM 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, GMOM 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 GMOM is -0.0329%. This is the percent change in the value of GMOM over the most recent 1-month period. The 3-month return on GMOM is -0.0316%. This is the percent change in the value of GMOM over the most recent 3-month period.

The standard deviation of GMOM for the past year is 0.1379%. 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 GMOM include PGF, AMLP, and PGX.

ETFs correlated to GMOM include RLY, IGE, and PXI.

ETFs that are inversely correlated to GMOM include DRIP, DUG, and OILD.

Disclaimers

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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.