Hartford Short Duration ETF
Top 10 Holdings
What is HSRT?
The Fund seeks to achieve its investment objective by investing in securities that Wellington Management Company LLP ( Wellington Management ) considers to be attractive giving consideration to both yield and total return. The Fund normally invests in investment grade securities. The Fund may invest up to 35%of its net assets in non-investment grade fixed income securities (also referred to as junk bonds ). The Fund may also invest up to 35% of its net assets in bank loans or loan participation interests in secured or unsecured variable, fixed or floating rate loans to U.S. and foreign corporations, partnerships and other entities ( Bank Loans ). The Fund s investments in non-investment grade Bank Loans and other non-investment grade fixed income securities in the aggregate may not exceed 35% of its net assets. Under normal circumstances, the Fund will invest at least 80% of its net assets in fixed income securities, including Bank Loans. The Fund normally will maintain a dollar weighted average duration of less than 3 years.
ETFs related toHSRT
ETFs correlated to HSRT include BSCQ, VCSH, BSCS
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.
SPY minimum drawdown
Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge
Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward
Create your own algorithmic trading strategy with HSRT using Composer
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.