Snapshot*
Top 10 Holdings
What is IDVO?
IDVO is an ETF of high quality international large and mid-cap companies through American Depositary Receipts (ADRs) with a history of dividend and earnings growth, along with a tactical covered call strategy on individual securities. The fund identifies ADRs of high-quality large-cap companies from the MSCI ACWI ex USA Index that we believe will, over time, sustain their earnings and cash flow growth, and increase their annual dividends consistently. The portfolio managers consider which industry sectors or countries appear to be outperforming relative to the overall market and over-weight those sectors or countries by selecting securities that are outperforming relative to their peers. Assembling a portfolio of 30-50 securities that have been screened according to attributes such as earnings, cash flow, return on equity, market capitalization, and management track. Tactical covered-call writing on individual securities to lower risk and enhance total return. Fund seeks to provide a gross income of approximately 3-4% from dividend income and 2-4% from sold call options.
IDVOPerformance Measures**
for the time period Sep 8, 2022 to Jul 23, 2026
1M Trailing Return: 1.9%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 1.9%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -15.5%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 16.4%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 1.27
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 1.39
The annualized return divided by the max drawdown for the selected time period.
ETFs related toIDVO
ETFs correlated to IDVO include VYMI, DFAX, AVIV
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.
Trading Strategies
Related toIDVO
Wealth Conservation Fund, C.S.H. Copper Strike Holdings & Stolen Valor 5/17/26
Category
Multi-strategy, risk-on/off, tech momentum, volatility hedging, leveraged ETFs, trend + mean reversion, commodities, bonds, managed futures
OOS Cumulative Return
-2.65%
Create your own algorithmic trading strategy with IDVO using Composer
FAQ
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.