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ETFs

JPMorgan Active Value ETF

JAVA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 04 2021
Expense Ratio
0.44%
Type
US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$5,129,339
AUM
$585,105,149
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Exxon Mobil Corp.
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WFC
Wells Fargo & Co.
2.63%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
2.54%
BMY
Bristol-Myers Squibb Co.
2.51%
CVX
Chevron Corp.
2.46%
ABBV
Abbvie Inc
2.10%
NEE
NextEra Energy Inc
1.87%
CMCSA
Comcast Corp - Ordinary Shares - Class A
1.63%
COP
Conoco Phillips
1.52%
Invest with JAVA

What is JAVA?

The adviser seeks to meet its objective by investing primarily in equities, including common stock, preferred stock and bonds which are convertible to common stock, that the adviser identifies to be attractively valued given their growth potential over along-term time horizon. The securities held by the Fund will predominantly be of companies with market capitalizations similar to those within the universe of the Russell 1000 Value Index (which includes both large cap and mid cap companies).

ETFs related toJAVA

ETFs correlated to JAVA include IWD, PRF, SCHV

JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index 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 toJAVA

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with JAVA using Composer

FAQ

JAVA is a US Equities ETF. The adviser seeks to meet its objective by investing primarily in equities, including common stock, preferred stock and bonds which are convertible to common stock, that the adviser identifies to be attractively valued given their growth potential over along-term time horizon. The securities held by the Fund will predominantly be of companies with market capitalizations similar to those within the universe of the Russell 1000 Value Index (which includes both large cap and mid cap companies).

Yes, JAVA 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, JAVA 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 JAVA is -0.0028%. This is the percent change in the value of JAVA over the most recent 1-month period. The 3-month return on JAVA is 0.0052%. This is the percent change in the value of JAVA over the most recent 3-month period.

The standard deviation of JAVA for the past year is 0.1526%. 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 JAVA include SPHQ, SPHB, and DSI.

ETFs correlated to JAVA include IWD, PRF, and SCHV.

ETFs that are inversely correlated to JAVA include DOG, DXD, and SDOW.

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.