Skip to Content
ETFs

LHA Market State Alpha Seeker ETF

MSVX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 13 2020
Expense Ratio
1.42%
Type
Global Hedge Fund
Fund Owner
Little Harbor Advisors
Volume (1m avg. daily)
$101,061
AUM
$40,735,832
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
57.05%
n/a
UNITED STATES TREAS BILLS 04/20/2023
30.58%
n/a
Derivatives offset
20.53%
n/a
UNITED STATES TREAS BILLS 02/22/2024
12.37%
Invest with MSVX

What is MSVX?

The LHA Market State Alpha Seeker ETF (Ticker Symbol: MSVX) seeks to provide positive returns, across multiple market cycles, that are generally not correlated to the US equity or fixed income markets. The fund employs a rules-based risk management approach to make tactical long/short allocations to equity futures & options, VIX futures & options, and ETFs utilizing a rules-based risk management approach. (VIX is the Cboe Volatility Index.)

ETFs related toMSVX

ETFs correlated to MSVX include UNIY, BOXX, TUA

MSVX
ETF Series Solutions Trust - LHA Market State Alpha Seeker ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
BOXX
EA Series Trust - Alpha Architect 1-3 Month Box ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
OBIL
Rbb Fund Inc - US Treasury 12 Month Bill ETF
VXZ
Barclays Bank PLC - iPath® Series B S&P 500® VIX Mid-Term FuturesTM ETN
CGSD
Capital Group Fixed Income ETF Trust - Capital Group Short Duration Income ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
OILD
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged
DRIP
Direxion Shares ETF Trust - Direxion Daily S&P Oil & Gas Exp. & Prod. Bear -3X Shares
DUG
ProShares Trust - ProShares UltraShort Energy

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

MSVX is a Global Hedge Fund ETF. The LHA Market State Alpha Seeker ETF (Ticker Symbol: MSVX) seeks to provide positive returns, across multiple market cycles, that are generally not correlated to the US equity or fixed income markets. The fund employs a rules-based risk management approach to make tactical long/short allocations to equity futures & options, VIX futures & options, and ETFs utilizing a rules-based risk management approach. (VIX is the Cboe Volatility Index.)

Yes, MSVX 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, MSVX 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 MSVX is -0.0106%. This is the percent change in the value of MSVX over the most recent 1-month period. The 3-month return on MSVX is -0.0212%. This is the percent change in the value of MSVX over the most recent 3-month period.

The standard deviation of MSVX for the past year is 0.0675%. 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 MSVX include FPE, PGX, and AMJ.

ETFs correlated to MSVX include UNIY, BOXX, and TUA.

ETFs that are inversely correlated to MSVX include MEM, IBHD, and PXJ.

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.