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ATAC Credit Rotation ETF

JOJO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 15 2021
Expense Ratio
1.22%
Type
US Bonds
Fund Owner
ATAC Funds
Volume (1m avg. daily)
$34,164
AUM
$5,126,660
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
69.77%
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
29.90%
n/a
Cash & Other
0.32%
Invest with JOJO

What is JOJO?

The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by utilizing a systematic risk management and rules-based strategy to direct its exposure to credit-related securities including either (i) high yield bonds or (ii) long-duration (e.g., 20 years) U.S. Treasury securities depending on the performance of the Utilities sector relative to the U.S. large-capitalization equity market.

ETFs related toJOJO

ETFs correlated to JOJO include IGEB, FBND, SUSC

JOJO
Tidal ETF Trust - ATAC Credit Rotation ETF
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
FBND
Fidelity Covington Trust - Fidelity Total Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
SPLB
SSgA Active Trust - SPDR Portfolio Long Term Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
ILTB
BlackRock Institutional Trust Company N.A. - iShares Core 10+ Year USD Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond 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 toJOJO

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with JOJO using Composer

FAQ

JOJO is a US Bonds ETF. The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by utilizing a systematic risk management and rules-based strategy to direct its exposure to credit-related securities including either (i) high yield bonds or (ii) long-duration (e.g., 20 years) U.S. Treasury securities depending on the performance of the Utilities sector relative to the U.S. large-capitalization equity market.

Yes, JOJO 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, JOJO 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 JOJO is 0.0003%. This is the percent change in the value of JOJO over the most recent 1-month period. The 3-month return on JOJO is -0.0172%. This is the percent change in the value of JOJO over the most recent 3-month period.

The standard deviation of JOJO for the past year is 0.1525%. 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 JOJO include MINT, BIV, and BND.

ETFs correlated to JOJO include IGEB, FBND, and SUSC.

ETFs that are inversely correlated to JOJO include TBF, TTT, and TMV.

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.