IQ Candriam International Equity ETF
Top 10 Holdings
What is IQSI?
The IQ Candriam ESG International Equity ETF (IQSI) tracks an index that is designed to deliver exposure to foreign developed equity securities of companies meeting certain ESG criteria. IQ Candriam ESG International Equity Index is a broad-based, market-cap weighted index that consists of the top-rated International ESG companies based on Candriam s ESG criteria. Candriam s ESG criteria seeks to identify companies that operate in a sustainable and responsible manner. The Underlying Index is designed to deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market-capitalization weighting methodology.
ETFs related toIQSI
ETFs correlated to IQSI include IEFA, EFA, ESGD
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.
Diversification at its Best
Tactical Asset Allocation, Be Risk Aware, Diversification
Pick the Trending Index
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Create your own algorithmic trading strategy with IQSI 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.