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ETFs

Global X Funds Global X Conscious Companies ETF

KRMA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 11 2016
Expense Ratio
0.43%
Type
US Equities
Fund Owner
Global X
Volume (1m avg. daily)
$218,100
AUM
$536,669,691
Associated Index
Concinnity Conscious Companies Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

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Invest with KRMA

What is KRMA?

The Global X Conscious Companies ETF (KRMA) is designed to provide investors an opportunity to invest in well-managed companies that achieve financial performance in a sustainable and responsible manner and exhibit positive Environmental, Social and Corporate Governance (ESG) characteristics. The Global X Conscious Companies ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Concinnity Conscious Companies Index. The Concinnity Conscious Companies Index (the Index ) is designed to provide exposure to U.S.-listed companies that Concinnity Advisors LP, (the "Index Provider") believes appear to achieve financial performance in a sustainable and responsible manner, as measured by their ability to achieve positive outcomes that are consistent with a multi-stakeholder operating system ( MsOS ), as defined by the Index Provider. The Index Provider conducts its analysis based on the following five key stakeholder groups: (1) Customers, (2) Employees, (3) Suppliers, (4) Stock and Debt Holders, and (5) Communities in which the companies operate. The universe of companies eligible for inclusion in the Index is comprised of US-listed firms with a market capitalization greater than $2 billion at the time of the initial screen. The Index typically consists of between 100 and 125 stocks, and is equal weighted. CONCINNITY CONSCIOUS COMPANIES INDEX is the service mark of Concinnity Advisors,LP.

ETFs related toKRMA

ETFs correlated to KRMA include GSLC, SPTM, IWB

KRMA
Global X Funds - Global X Conscious Companies ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select 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
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Risk Rating

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Risk Rating

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Create your own algorithmic trading strategy with KRMA using Composer

FAQ

KRMA is a US Equities ETF. The Global X Conscious Companies ETF (KRMA) is designed to provide investors an opportunity to invest in well-managed companies that achieve financial performance in a sustainable and responsible manner and exhibit positive Environmental, Social and Corporate Governance (ESG) characteristics. The Global X Conscious Companies ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Concinnity Conscious Companies Index. The Concinnity Conscious Companies Index (the Index ) is designed to provide exposure to U.S.-listed companies that Concinnity Advisors LP, (the "Index Provider") believes appear to achieve financial performance in a sustainable and responsible manner, as measured by their ability to achieve positive outcomes that are consistent with a multi-stakeholder operating system ( MsOS ), as defined by the Index Provider. The Index Provider conducts its analysis based on the following five key stakeholder groups: (1) Customers, (2) Employees, (3) Suppliers, (4) Stock and Debt Holders, and (5) Communities in which the companies operate. The universe of companies eligible for inclusion in the Index is comprised of US-listed firms with a market capitalization greater than $2 billion at the time of the initial screen. The Index typically consists of between 100 and 125 stocks, and is equal weighted. CONCINNITY CONSCIOUS COMPANIES INDEX is the service mark of Concinnity Advisors,LP.

KRMA tracks the Concinnity Conscious Companies Index.

No, KRMA 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, KRMA 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 KRMA is -0.0147%. This is the percent change in the value of KRMA over the most recent 1-month period. The 3-month return on KRMA is -0.0092%. This is the percent change in the value of KRMA over the most recent 3-month period.

The standard deviation of KRMA for the past year is 0.1736%. 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 KRMA include SPHQ, SPHB, and DSI.

ETFs correlated to KRMA include GSLC, SPTM, and IWB.

ETFs that are inversely correlated to KRMA include SPXU, SDS, and SPXS.

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.