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ETFs

VanEck Long/Flat Trend ETF

LFEQ
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Today’s Change
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Snapshot
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Inception Date
Oct 04 2017
Expense Ratio
0.58%
Type
US Diversified
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$119,962
AUM
$24,374,250
Associated Index
Ned Davis Research CMG US Large Cap Long/Flat Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
United States Treasury Bill
100.24%
n/a
Other/Cash
-0.24%
Invest with LFEQ

What is LFEQ?

VanEck Long/Flat Trend ETF (LFEQ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). The NDRCMGLF Index follows a proprietary model that determines when, and by how much, it allocates to U.S. equities and/or U.S. Treasury bills to seek to help avoid losses in declining markets or capitalize from rising markets. The model produces daily trade signals to determine the Indexs equity allocation percentage (100%, 50%, or 0%).

ETFs related toLFEQ

ETFs correlated to LFEQ include DFSU, SMOT, AVGE

LFEQ
VanEck ETF Trust - VanEck Long/Flat Trend ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
STRV
EA Series Trust - Strive 500 ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
GJAN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
RDVI
First Trust Exchange-Traded Fund IV - FT Cboe Vest Rising Dividend Achievers Target Income ETF
UAUG
Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - August
SSUS
Strategy Shares - Day Hagan/Ned Davis Research Smart Sector 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.

FAQ

LFEQ is a US Diversified ETF. VanEck Long/Flat Trend ETF (LFEQ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ned Davis Research CMG US Large Cap Long/Flat Index (NDRCMGLF). The NDRCMGLF Index follows a proprietary model that determines when, and by how much, it allocates to U.S. equities and/or U.S. Treasury bills to seek to help avoid losses in declining markets or capitalize from rising markets. The model produces daily trade signals to determine the Indexs equity allocation percentage (100%, 50%, or 0%).

LFEQ tracks the Ned Davis Research CMG US Large Cap Long/Flat Index.

No, LFEQ 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, LFEQ 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 LFEQ is 0.0177%. This is the percent change in the value of LFEQ over the most recent 1-month period. The 3-month return on LFEQ is 0.0587%. This is the percent change in the value of LFEQ over the most recent 3-month period.

The standard deviation of LFEQ for the past year is 0.1412%. 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 LFEQ include AMLP, PGX, and FPE.

ETFs correlated to LFEQ include DFSU, SMOT, and AVGE.

ETFs that are inversely correlated to LFEQ include MSFD, TECS, and SPXU.

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.