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ETFs

KPOP and Korean Entertainment ETF

KPOP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 31 2022
Expense Ratio
0.75%
Type
Global Ex. US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$19,112
AUM
$3,034,200
Associated Index
KPOP Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

035900
JYP ENTERTAINMENT CORP
14.79%
352820
HYBE
12.71%
041510
SME ORD
9.72%
035420
Naver Co Ltd
9.00%
035720
Kakao Corp
8.09%
122870
YG ENTERTAINMENT INC
6.92%
079160
Cj Cgv
4.56%
253450
STUDIO DRAGON CORP
4.02%
067160
AFREECATV CO LTD
3.89%
035760
CJ ENM CO LTD
3.87%
Invest with KPOP

What is KPOP?

The KPOP and Korean Entertainment ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the KPOP Index. KPOP Index comprises of approximately 30 companies listed on the Korean exchange. The KPOP Index is rebalanced quarterly and utilizes a proprietary AI algorithm to identify companies that are a part of the K-pop ecosystem.

ETFs related toKPOP

ETFs correlated to KPOP include FLKR, EWY, KORU

KPOP
Exchange Traded Concepts Trust - KPOP and Korean Entertainment ETF
FLKR
Franklin Templeton ETF Trust - Franklin FTSE South Korea ETF
EWY
BlackRock Institutional Trust Company N.A. - iShares MSCI South Korea ETF
KORU
Direxion Shares ETF Trust - Direxion Daily South Korea Bull 3X Shares
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
XCEM
Columbia ETF Trust II - Columbia EM Core ex-China ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
DGS
WisdomTree Trust - WisdomTree Emerging Markets SmallCap Dividend Fund

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

KPOP is a Global Ex. US Equities ETF. The KPOP and Korean Entertainment ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the KPOP Index. KPOP Index comprises of approximately 30 companies listed on the Korean exchange. The KPOP Index is rebalanced quarterly and utilizes a proprietary AI algorithm to identify companies that are a part of the K-pop ecosystem.

KPOP tracks the KPOP Index.

No, KPOP is not actively managed. It is passively 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.

Yes, KPOP is passively 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 KPOP is 0.0669%. This is the percent change in the value of KPOP over the most recent 1-month period. The 3-month return on KPOP is 0.0454%. This is the percent change in the value of KPOP over the most recent 3-month period.

ETFs similar to KPOP include GDXJ, SMH, and KWEB.

ETFs correlated to KPOP include FLKR, EWY, and KORU.

ETFs that are inversely correlated to KPOP include EDZ, USDU, and EFZ.

Disclaimers

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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.