Skip to Content

Big news:Composer has joined SoFi!Read the blog post

ETFs

The Meet Kevin Pricing Power ETF

PP
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Nov 28, 2022
Expense Ratio
0.77%
Type
US Equities
Fund Owner
Meet Kevin
Volume (1m avg. daily)
$531,106
AUM
$36,766,170
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

TSLA
Tesla Inc
26.69%
ENPH
Enphase Energy Inc
14.98%
NVDA
NVIDIA Corp
9.2%
INTC
Intel Corp.
5.28%
ASML
ASML Holding NV - New York Shares
5.15%
TTD
Trade Desk Inc - Ordinary Shares - Class A
5.13%
AAPL
Apple Inc
5.07%
TSM
Taiwan Semiconductor Manufacturing - ADR
5.05%
AMD
Advanced Micro Devices Inc.
4.91%
UI
Ubiquiti Inc
4.88%
Invest with PP

What is PP?

The MeetKevin Purchase Power ETF is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing primarily in the U.S.-listed equity securities of Innovative Companies. The MeetKevin Purchase Power ETF categorizes an Innovative Company as a company to be involved in the development of new products or services, technological advancements, consumer engagement, and/or disruptive approaches with respect to business growth that the Sub-Adviser expects to have a significant impact on the market or industry in which the company operates.

Loading backtest data...

ETFs related toPP

ETFs correlated to PP include ARKQ, TSLR, QCLN

PP
Tidal Trust II - The Meet Kevin Pricing Power ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
BULZ
Bank of Montreal - MicroSectorsTM Solactive FANG Innovation 3X Leveraged ETNs
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
ONEQ
Fidelity Covington Trust - Fidelity Nasdaq Composite Index ETF
FNGU
Bank of Montreal - BMO REX MicroSectors FANG+ Index 3X Leveraged ETN
FNGS
Bank of Montreal - MicroSectors FANG ETNs
FBCG
Fidelity Covington Trust - Fidelity Blue Chip 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.

FAQ

PP is a US Equities ETF. The MeetKevin Purchase Power ETF is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing primarily in the U.S.-listed equity securities of Innovative Companies. The MeetKevin Purchase Power ETF categorizes an Innovative Company as a company to be involved in the development of new products or services, technological advancements, consumer engagement, and/or disruptive approaches with respect to business growth that the Sub-Adviser expects to have a significant impact on the market or industry in which the company operates.

Yes, PP 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, PP 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 PP is -0.0109%. This is the percent change in the value of PP over the most recent 1-month period. The 3-month return on PP is -0.084%. This is the percent change in the value of PP over the most recent 3-month period.

ETFs similar to PP include SPHQ, DSI, and QUAL.

ETFs correlated to PP include ARKQ, TSLR, and QCLN.

ETFs that are inversely correlated to PP include BERZ, FNGD, and SQQQ.

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.

[email protected]

Securities products and brokerage services are offered by Composer Securities LLC, a broker-dealer registered with the SEC and member of FINRA / SIPC. Composer Securities LLC and Composer Technologies Inc. are separate but affiliated companies. Accounts are carried and securities execution, clearance and settlement services are provided by Alpaca Securities LLC, and Apex Clearing Corporation, SEC-registered broker-dealers and members of FINRA / SIPC. Alpaca Securities is a wholly-owned subsidiary of AlpacaDB, Inc. Apex Clearing Corporation, is a wholly-owned subsidiary of Apex Fintech Solutions Inc. Check the background of Composer Securities LLC, Alpaca Securities LLC, and Apex Clearing Corporation on FINRA BrokerCheck . This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Composer Securities is not registered. Securities products offered by Composer Securities are not FDIC insured

With any investment, your capital is at risk. The value of your portfolio with Composer can go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Please see Composer Securities' Customer Relationship Summary.

Keep in mind, investing involves risk. Examples are for illustrative purposes and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Past performance is no guarantee of future results.

Online trading has inherent risk due to system response, execution price, speed, liquidity, market data and access times that may vary due to market conditions, system performance, market volatility, size and type of order and other factors. An investor should understand these and additional risks before trading.

Options trading involves significant risk and is not appropriate for all investors. Prior to buying or selling an option with Composer Securities LLC, please read the "Characteristics and Risks of Standardized Options," also known as the Options Disclosure Document (ODD). You can access the ODD by clicking here. Options transactions are often complex and can expose investors to potentially rapid and substantial losses. In some cases, you may lose your entire investment in a relatively short period. Furthermore, certain complex options strategies carry additional risk, including the potential for losses that may exceed your original investment amount.

Please read important legal disclosures.

Composer Securities does not provide tax advice. This material is for informational purposes only and is not intended to be a substitute for consultation with a qualified tax professional before making any investment decisions.

The cash sweep program is made available in coordination with Apex Clearing Corporation through Composer Securities. Please read the Important Disclosures for more information.

Composer Securities is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. SIPC does not protect against market losses.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, Composer Technologies Inc., Composer Securities LLC, and its affiliates are not partners, affiliates, or licensees of these companies.

Market data refreshed at least every 15 minutes unless otherwise indicated. Market data provided by Xignite.

© 2026 All rights reserved.