Kingsbarn Tactical Bond ETF
Top 10 Holdings
What is KDRN?
The Fund seeks to achieve its investment objective by investing in a combination of exchange traded funds ETFs focusing on fixed income investments Underlying Bond Funds and futures contracts on 10 year U S Treasury notes 10 Year Treasury Futures The Adviser will attempt to construct a diversified portfolio of Underlying Bond Funds that offer the most attractive risk adjusted return characteristics based on the Advisers analysis of the Underlying Bond Funds total return volatility liquidity and fee structure The Funds portfolio is selected by identifying Underlying Bond Funds focused on a range of fixed income instruments that provide exposure to various credit qualities and issuers to enable the Fund to navigate a variety of market conditions The Fund normally holds between eight and twelve Underlying Bond Funds but at times may hold more or less and may shift its investments among fixed income instruments depending on the Advisers assessment of market conditions and the suitability of investment opportunities Under normal circumstances the Fund invests at least 80 of its net assets in bonds and other fixed income securities through its investments in the Underlying Bond Funds.
ETFs related toKDRN
ETFs correlated to KDRN include IUSB, DFCF, AVIG
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.
Equity Index Rotation
Total Bond Market
Create your own algorithmic trading strategy with KDRN 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.