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ETFs

Knowledge Leaders Developed World ETF

KLDW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 08 2015
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Gavekal Capital
Volume (1m avg. daily)
$171,713
AUM
$124,943,203
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
CASH
3.61%
EAI
Groupe Bruxelles Lambert SA
1.90%
9735
Secom Co. Ltd.
1.56%
4452
Kao Corporation
1.53%
4204
Sekisui Chemical Co. Ltd.
1.46%
HVN
Harvey Norman Holdings Ltd
1.43%
ACN
Accenture plc - Ordinary Shares - Class A
1.42%
BEI
Beiersdorf AG
1.39%
GSK
GSK Plc
1.39%
ATCO A
Atlas Copco AB - Ordinary Shares - Class A
1.38%
Invest with KLDW

What is KLDW?

The Knowledge Leaders Developed World ETF seeks long-term capital appreciation by investing in equities of highly innovative companies in the developed world. It is an actively managed exchange traded fund. The fund invests Knowledge Leaders, those companies that possess deep reservoirs of intangible capital as a result of their history of investing in knowledge intensive activities like R&D, brand development and employee education. Academic research has proven highly innovative companies have a tendency to generate excess returns in the stock market, and it is these excess returns the investment team aims to capture in the portfolio. The team selects a diversified mix of the most liquid large and mid cap Knowledge Leaders from the developed world, including North America, Europe and Asia. Recommended for core exposure to developed world equities.

ETFs related toKLDW

ETFs correlated to KLDW include EFG, SPDW, DIHP

KLDW
Exchange Listed Funds Trust - Knowledge Leaders Developed World ETF
EFG
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Growth ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
DIHP
Dimensional ETF Trust - Dimensional International High Profitability ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
DMXF
iShares Trust - iShares ESG Advanced MSCI EAFE ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 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 toKLDW

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with KLDW using Composer

FAQ

KLDW is a Global Equities ETF. The Knowledge Leaders Developed World ETF seeks long-term capital appreciation by investing in equities of highly innovative companies in the developed world. It is an actively managed exchange traded fund. The fund invests Knowledge Leaders, those companies that possess deep reservoirs of intangible capital as a result of their history of investing in knowledge intensive activities like R&D, brand development and employee education. Academic research has proven highly innovative companies have a tendency to generate excess returns in the stock market, and it is these excess returns the investment team aims to capture in the portfolio. The team selects a diversified mix of the most liquid large and mid cap Knowledge Leaders from the developed world, including North America, Europe and Asia. Recommended for core exposure to developed world equities.

Yes, KLDW 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, KLDW 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 KLDW is -0.0142%. This is the percent change in the value of KLDW over the most recent 1-month period. The 3-month return on KLDW is -0.0248%. This is the percent change in the value of KLDW over the most recent 3-month period.

The standard deviation of KLDW for the past year is 0.1707%. 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 KLDW include PBW, IGF, and ARKK.

ETFs correlated to KLDW include EFG, SPDW, and DIHP.

ETFs that are inversely correlated to KLDW include EFZ, EPV, and SH.

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.