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ETFs

Optimize AI Smart Sentiment Event-Driven ETF

OAIE
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jun 16 2022
Expense Ratio
1.00%
Type
US Equities
Fund Owner
Optimize Advisors
Volume (1m avg. daily)
$612
AUM
$566,446
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
26.60%
FDX
Fedex Corp
7.74%
COST
Costco Wholesale Corp
7.69%
ACN
Accenture plc - Ordinary Shares - Class A
7.64%
XLC
SSgA Active Trust - Communication Services Select Sector SPDR Fund
7.36%
XLV
SSgA Active Trust - Health Care Select Sector SPDR
7.35%
STZ
Constellation Brands Inc - Ordinary Shares - Class A
7.32%
MU
Micron Technology Inc.
7.30%
XLB
SSgA Active Trust - Materials Select Sector SPDR
7.22%
NKE
Nike, Inc. - Ordinary Shares - Class B
7.17%
Invest with OAIE

What is OAIE?

Optimize Advisors proprietary Options AI "Smart Sentiment" technology aims to achieve high precision and to reduce prediction errors. This is because it is based on 10 years of options analytics research and has been developed using a technology platform that is at the forefront of Options Artificial Intelligence. OAIE primarily invests in common stocks with attractive upcoming event opportunities, normally 10 to 30 Large Cap constituents with Weekly Options.

ETFs related toOAIE

ETFs correlated to OAIE include GAUG, LGRO, XAUG

OAIE
Series Portfolios Trust - Optimize AI Smart Sentiment EventDriven ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
SPHQ
Invesco Capital Management LLC - Invesco S&P 500 Quality ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
EQWL
Invesco Capital Management LLC - Invesco Russell Top 200 Equal Weight ETF
TJUL
Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 2 Yr to July 2025
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World 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

OAIE is a US Equities ETF. Optimize Advisors proprietary Options AI "Smart Sentiment" technology aims to achieve high precision and to reduce prediction errors. This is because it is based on 10 years of options analytics research and has been developed using a technology platform that is at the forefront of Options Artificial Intelligence. OAIE primarily invests in common stocks with attractive upcoming event opportunities, normally 10 to 30 Large Cap constituents with Weekly Options.

Yes, OAIE 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, OAIE 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 OAIE is -0.0057%. This is the percent change in the value of OAIE over the most recent 1-month period. The 3-month return on OAIE is 0.0407%. This is the percent change in the value of OAIE over the most recent 3-month period.

The standard deviation of OAIE for the past year is 0.1805%. 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 OAIE include PKW, VIXY, and XYLD.

ETFs correlated to OAIE include GAUG, LGRO, and XAUG.

ETFs that are inversely correlated to OAIE include SH, SDS, and SPXS.

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.