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ETFs

Janus Henderson Net Zero Transition Resources ETF

JZRO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 08 2021
Expense Ratio
0.60%
Type
Global Equities
Fund Owner
Janus
Volume (1m avg. daily)
$25,814
AUM
$47,192,970
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

WPM
Wheaton Precious Metals Corp
4.98%
VWS
VESTAS WIND SYSTEMS A/S
4.86%
NTR
NUTRIEN LTD
4.66%
NEX
NEXANS SA
4.12%
CIA
Champion Iron Limited
4.00%
DE
Deere & Co.
3.97%
APD
Air Products & Chemicals Inc.
3.77%
NXE
NEXGEN ENERGY LTD
3.51%
CCO
CAMECO CORP
3.31%
ADM
Archer Daniels Midland Co.
3.10%
Invest with JZRO

What is JZRO?

The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus anyborrowings for investment purposes) in equity securities of companies whose products, services and activities are considered by Janus Capital as contributing to or benefiting from the goal of achieving net zero carbon emissions through the decarbonization of the global economy, such as carbon reduction, energy transition, sustainable mobility, sustainable industry, and sustainable agriculture. The Fund generally will invest in global companies, primarily in the materials, energy, utility, agricultural, industrial and consumer staple sectors. The Fund seeks to invest in companies that are involved in the production and utilization of resources, equipment and/or commodity-related products that Janus Capital believes are necessary to enable a transition to a low-carbon global economy and that Janus Capital believes are well-positioned to benefit from ongoing and future demand for natural resources.

ETFs related toJZRO

ETFs correlated to JZRO include MXI, IYM, PYZ

JZRO
Janus Capital Management LLC - Janus Henderson Net Zero Transition Resources ETF
MXI
BlackRock Institutional Trust Company N.A. - iShares Global Materials ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
PYZ
Invesco Capital Management LLC - Invesco DWA Basic Materials Momentum ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
ISCF
BlackRock Institutional Trust Company N.A. - iShares International Small-Cap Equity Factor 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.

FAQ

JZRO is a Global Equities ETF. The Fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus anyborrowings for investment purposes) in equity securities of companies whose products, services and activities are considered by Janus Capital as contributing to or benefiting from the goal of achieving net zero carbon emissions through the decarbonization of the global economy, such as carbon reduction, energy transition, sustainable mobility, sustainable industry, and sustainable agriculture. The Fund generally will invest in global companies, primarily in the materials, energy, utility, agricultural, industrial and consumer staple sectors. The Fund seeks to invest in companies that are involved in the production and utilization of resources, equipment and/or commodity-related products that Janus Capital believes are necessary to enable a transition to a low-carbon global economy and that Janus Capital believes are well-positioned to benefit from ongoing and future demand for natural resources.

Yes, JZRO 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, JZRO 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 JZRO is -0.0769%. This is the percent change in the value of JZRO over the most recent 1-month period. The 3-month return on JZRO is -0.0272%. This is the percent change in the value of JZRO over the most recent 3-month period.

The standard deviation of JZRO for the past year is 0.2953%. 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 JZRO include TAN, EFG, and PBW.

ETFs correlated to JZRO include MXI, IYM, and PYZ.

ETFs that are inversely correlated to JZRO include EFZ, EPV, and SRTY.

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.