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ETFs

Kingsbarn Tactical Bond ETF

KDRN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 20 2021
Expense Ratio
1.17%
Type
Global Bonds
Fund Owner
Kingsbarn Capital
Volume (1m avg. daily)
$5
AUM
$1,144,991
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
19.69%
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
19.64%
SGOV
iShares Trust - iShares 0-3 Month Treasury Bond ETF
19.61%
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
19.27%
TIP
BlackRock Institutional Trust Company N.A. - iShares TIPS Bond ETF
14.56%
n/a
CASH AND CASH EQUIVALENTS
6.04%
Invest with KDRN

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 IBDX, BSCV, IUSB

KDRN
ETF Opportunities Trust - Kingsbarn Tactical Bond ETF
IBDX
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF
BSCV
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2031 Corporate Bond ETF
IUSB
BlackRock Institutional Trust Company N.A. - iShares Core Total USD Bond Market ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
IBDS
iShares Trust - iShares iBonds Dec 2027 Term Corporate ETF
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
DFCF
Dimensional ETF Trust - Dimensional Core Fixed Income ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
BYLD
BlackRock Institutional Trust Company N.A. - iShares Yield Optimized Bond ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 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 toKDRN

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#LSBH

Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge

Category

Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with KDRN using Composer

FAQ

KDRN is a Global Bonds ETF. 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.

Yes, KDRN 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, KDRN 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 KDRN is 0.0068%. This is the percent change in the value of KDRN over the most recent 1-month period. The 3-month return on KDRN is 0.0411%. This is the percent change in the value of KDRN over the most recent 3-month period.

The standard deviation of KDRN for the past year is 0.1005%. 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 KDRN include BND, MINT, and BIV.

ETFs correlated to KDRN include IBDX, BSCV, and IUSB.

ETFs that are inversely correlated to KDRN include PST, TBF, and TTT.

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.