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Relative Sentiment Tactical Allocation ETF

MOOD
$--
Today’s Change
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Snapshot
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Inception Date
May 19 2022
Expense Ratio
0.71%
Type
Global Diversified
Fund Owner
Relative Sentiment
Volume (1m avg. daily)
$16,258
AUM
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
45.01%
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
44.36%
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
5.08%
SCHP
Schwab Strategic Trust - Schwab U.S. Tips ETF
2.60%
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
2.58%
n/a
Cash & Other
0.38%
Invest with MOOD

What is MOOD?

The Fund seeks to grow capital by tactically investing in equities, bonds, and gold based on "relative sentiment" factors. In the view of the Fund's sub-adviser (Relative Sentiment Technologies, LLC), relative sentiment measures the difference in sentiment between institutional and retail investors. The Fund's portfolio will be tactically allocated among passively-managed U.S. and foreign, developed market equity ETFs, bond ETFs, and, in some instances, gold exchange-traded products (ETPs)

ETFs related toMOOD

ETFs correlated to MOOD include AVGE, DFSI, SMOT

MOOD
EA Series Trust - Relative Sentiment Tactical Allocation ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
DFSI
Dimensional ETF Trust - Dimensional International Sustainability Core 1 ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
CVLC
Morgan Stanley ETF Trust - Calvert US Large-Cap Core Responsible Index ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
JIRE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan International Research Enhanced Equity ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target 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

MOOD is a Global Diversified ETF. The Fund seeks to grow capital by tactically investing in equities, bonds, and gold based on "relative sentiment" factors. In the view of the Fund's sub-adviser (Relative Sentiment Technologies, LLC), relative sentiment measures the difference in sentiment between institutional and retail investors. The Fund's portfolio will be tactically allocated among passively-managed U.S. and foreign, developed market equity ETFs, bond ETFs, and, in some instances, gold exchange-traded products (ETPs)

Yes, MOOD 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, MOOD 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 MOOD is -0.0172%. This is the percent change in the value of MOOD over the most recent 1-month period. The 3-month return on MOOD is 0.0244%. This is the percent change in the value of MOOD over the most recent 3-month period.

ETFs similar to MOOD include PGX, AMJ, and FPE.

ETFs correlated to MOOD include AVGE, DFSI, and SMOT.

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

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.