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ETFs

Amplify Online Retail ETF

IBUY
$--
Today’s Change
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Snapshot
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Inception Date
Apr 20 2016
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
Amplify Investments
Volume (1m avg. daily)
$607,229
AUM
$185,993,640
Associated Index
EQM Online Retail Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CVNA
Carvana Co. - Ordinary Shares - Class A
4.39%
AFRM
Affirm Holdings Inc - Ordinary Shares - Class A
3.72%
FIGS
Figs Inc - Ordinary Shares - Class A
2.88%
NFLX
Netflix Inc.
2.82%
AMZN
Amazon.com Inc.
2.70%
CPRT
Copart, Inc.
2.61%
W
Wayfair Inc - Ordinary Shares - Class A
2.59%
FLWS
1-800 Flowers.com Inc. - Ordinary Shares - Class A
2.55%
LQDT
Liquidity Services Inc
2.54%
EXPE
Expedia Group Inc
2.51%
Invest with IBUY

What is IBUY?

IBUY seeks to provide a cost efficient way for investors to own a basket of companies with significant revenue from online and virtual retail sales. The fund s portfolio offers convenient diversification across market capitalizations, geography and business focus. The EQM Online Retail Index (IBUYXT) utilizes a rules based methodology to select a globally diverse group of companies with 70% or more of revenue from online and virtual sales.

ETFs related toIBUY

ETFs correlated to IBUY include IPO, ARKF, PNQI

IBUY
Amplify ETF Trust - Amplify Online Retail ETF
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
WEBL
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary 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

IBUY is a Global Equities ETF. IBUY seeks to provide a cost efficient way for investors to own a basket of companies with significant revenue from online and virtual retail sales. The fund s portfolio offers convenient diversification across market capitalizations, geography and business focus. The EQM Online Retail Index (IBUYXT) utilizes a rules based methodology to select a globally diverse group of companies with 70% or more of revenue from online and virtual sales.

IBUY tracks the EQM Online Retail Index.

No, IBUY is not actively managed. It is passively 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.

Yes, IBUY is passively 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 IBUY is -0.0282%. This is the percent change in the value of IBUY over the most recent 1-month period. The 3-month return on IBUY is -0.0748%. This is the percent change in the value of IBUY over the most recent 3-month period.

The standard deviation of IBUY for the past year is 0.4136%. 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 IBUY include KWEB, IXN, and IXC.

ETFs correlated to IBUY include IPO, ARKF, and PNQI.

ETFs that are inversely correlated to IBUY include SARK, WEBS, and HIBS.

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.