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International Drawdown Managed Equity ETF

IDME
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 22 2021
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
Aptus Capital Advisors
Volume (1m avg. daily)
$1,300,882
AUM
$62,023,560
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
72.52%
SPEM
SSgA Active Trust - SPDR Portfolio Emerging Markets ETF
26.50%
n/a
Cash & Other
0.85%
n/a
ISHARES PUT OPT 05/23 66
0.13%
Invest with IDME

What is IDME?

The Fund is an actively managed ETF that seeks to achieve its objective principally by investing in a portfolio of other ETFs that invest in equity securities of non-U.S. companies in developed and emerging markets throughout the world, while purchasing and/or writing exchange-listed call or put options on one or more broad-based indexes or ETFs that track the performance of equity markets outside of the United States to limit downside ( drawdown ) risk, create additional equity exposure, and/or generate premiums from writing call options on the Fund s equity investments.

ETFs related toIDME

ETFs correlated to IDME include VXUS, ACWX, VEU

IDME
ETF Series Solutions Trust - International Drawdown Managed Equity ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
DNL
WisdomTree Trust - WisdomTree Global ex-U.S. Quality Dividend Growth Fund
DIHP
Dimensional ETF Trust - Dimensional International High Profitability 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.

Automated Strategies
Related toIDME

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DAVID

Copy David Swensen

Category

Classic, Copy the Greats

Risk Rating

Moderate

Create your own algorithmic trading strategy with IDME using Composer

FAQ

IDME is a Global Equities ETF. The Fund is an actively managed ETF that seeks to achieve its objective principally by investing in a portfolio of other ETFs that invest in equity securities of non-U.S. companies in developed and emerging markets throughout the world, while purchasing and/or writing exchange-listed call or put options on one or more broad-based indexes or ETFs that track the performance of equity markets outside of the United States to limit downside ( drawdown ) risk, create additional equity exposure, and/or generate premiums from writing call options on the Fund s equity investments.

Yes, IDME 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, IDME 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 IDME is 0.0243%. This is the percent change in the value of IDME over the most recent 1-month period. The 3-month return on IDME is -0.0182%. This is the percent change in the value of IDME over the most recent 3-month period.

The standard deviation of IDME for the past year is 0.1744%. 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 IDME include ICOW, IAPR, and DEF.

ETFs correlated to IDME include VXUS, ACWX, and VEU.

ETFs that are inversely correlated to IDME include EFZ, EPV, and EDZ.

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.