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ETFs

LHA Market State Tactical Q ETF

MSTQ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 15, 2022
Expense Ratio
1.48%
Type
US Equities
Fund Owner
Little Harbor Advisors
Volume (1m avg. daily)
$4,448
AUM
$5,674,365
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
41.32%
n/a
UNITED STATES TREAS BILLS 12/28/2023
25.40%
n/a
Cash & Other
20.72%
n/a
UNITED STATES TREAS BILLS 02/22/2024
12.55%
n/a
INVESCO CLL OPT 09/23 364
-0.03%
n/a
Derivatives offset
-51.97%
Invest with MSTQ

What is MSTQ?

The LHA Market State Tactical Q ETF (Ticker Symbol: MSTQ) seeks long-term out-performance relative to the U.S. large capitalization growth equity market. MSTQ aims to provide upside participation in U.S. large-capitalization growth equities, generally through investment in Nasdaq 100 ETF (Ticker Symbol: QQQ) or the Nasdaq 100 futures contracts. As volatility increases, the MSTQ aims to provide uncorrelated returns and decrease the impact of falling growth equity markets.

ETFs related toMSTQ

ETFs correlated to MSTQ include TQQQ, QQQ, QQQM

MSTQ
ETF Series Solutions Trust - LHA Market State Tactical Q ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
IYW
BlackRock Institutional Trust Company N.A. - iShares U.S. Technology ETF
IGM
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
ROM
ProShares Trust - ProShares Ultra Technology 2x Shares
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth 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 toMSTQ

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with MSTQ using Composer

FAQ

MSTQ is a US Equities ETF. The LHA Market State Tactical Q ETF (Ticker Symbol: MSTQ) seeks long-term out-performance relative to the U.S. large capitalization growth equity market. MSTQ aims to provide upside participation in U.S. large-capitalization growth equities, generally through investment in Nasdaq 100 ETF (Ticker Symbol: QQQ) or the Nasdaq 100 futures contracts. As volatility increases, the MSTQ aims to provide uncorrelated returns and decrease the impact of falling growth equity markets.

Yes, MSTQ 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, MSTQ 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 MSTQ is -0.0188%. This is the percent change in the value of MSTQ over the most recent 1-month period. The 3-month return on MSTQ is -0.0054%. This is the percent change in the value of MSTQ over the most recent 3-month period.

The standard deviation of MSTQ for the past year is 0.1929%. 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 MSTQ include PKW, VIXY, and XYLD.

ETFs correlated to MSTQ include TQQQ, QQQ, and QQQM.

ETFs that are inversely correlated to MSTQ include SQQQ, QID, and PSQ.

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.