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ETFs

iMGP RBA Responsible Global Allocation ETF

IRBA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 31 2022
Expense Ratio
0.69%
Type
Global Diversified
Fund Owner
iMGP Global Partner
Volume (1m avg. daily)
$5,660
AUM
$8,062,218
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
37.88%
SDG
iShares Trust - iShares MSCI Global Sustainable Development Goals ETF
16.28%
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
14.88%
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
8.93%
RESP
WisdomTree Trust - WisdomTree U.S. ESG Fund
7.02%
DMXF
iShares Trust - iShares ESG Advanced MSCI EAFE ETF
4.98%
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
3.76%
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
2.86%
JMBS
Janus Capital Management LLC - Janus Henderson Mortgage-Backed Securities ETF
2.01%
n/a
US DOLLAR
1.39%
Invest with IRBA

What is IRBA?

The Fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing its assets in a portfolio of exchange-traded vehicles that provide exposure to asset classes in various regions, countries and sectors around the globe. Under normal market conditions, the Fund invests at least 80% of its total assets in affiliated and unaffiliated ETFs and other exchange-traded products that satisfy the ESG characteristics described below and that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, currencies, cash and cash equivalents. The Underlying Vehicles are identified by the Fund's investment sub-advisor, Richard Bernstein Advisors, LLC, using fundamental research to demonstrate favorable return potential and/or portfolio risk-management characteristics, and as being ETFs that consider Environmental, Social and Governance factors as part of their investment process.

ETFs related toIRBA

ETFs correlated to IRBA include AOA, AOR, CRBN

IRBA
Litman Gregory Funds Trust - iMGP RBA Responsible Global Allocation ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US 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 toIRBA

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#LSPC

Lever up S&P with a Commodity Hedge

Category

Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Moderate

Create your own algorithmic trading strategy with IRBA using Composer

FAQ

IRBA is a Global Diversified ETF. The Fund is an actively-managed exchange-traded fund that seeks to achieve its objective by investing its assets in a portfolio of exchange-traded vehicles that provide exposure to asset classes in various regions, countries and sectors around the globe. Under normal market conditions, the Fund invests at least 80% of its total assets in affiliated and unaffiliated ETFs and other exchange-traded products that satisfy the ESG characteristics described below and that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, currencies, cash and cash equivalents. The Underlying Vehicles are identified by the Fund's investment sub-advisor, Richard Bernstein Advisors, LLC, using fundamental research to demonstrate favorable return potential and/or portfolio risk-management characteristics, and as being ETFs that consider Environmental, Social and Governance factors as part of their investment process.

Yes, IRBA 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, IRBA 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 IRBA is -0.0151%. This is the percent change in the value of IRBA over the most recent 1-month period. The 3-month return on IRBA is -0.0248%. This is the percent change in the value of IRBA over the most recent 3-month period.

The standard deviation of IRBA for the past year is 0.1113%. 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 IRBA include DRSK, HNDL, and FPEI.

ETFs correlated to IRBA include AOA, AOR, and CRBN.

ETFs that are inversely correlated to IRBA include EFZ, EPV, and SPDN.

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.