Snapshot*
Top 10 Holdings
What is PUTD?
The Fund tracks the CBOE Validus S&P500 Dynamic PutWrite Index, which is a cutting-edge, rule-based index that aims to generate a better risk-adjusted return (as measured by Sharpe ratio) than that of the S&P500 benchmark. The PUTD Fund aims to deliver superior performance in various market conditions, including neutral, bullish and bearish environments. The fund aims to reduce maximum drawdowns and shorter durations of underperformance during challenging market periods.
ETFs related toPUTD
ETFs correlated to PUTD include GAUG, XAUG, LGRO
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.
News Related to PUTD
Morgan Stanley Downgrades Cboe Global Markets to Underweight, Lowers Price Target to $215
May 14, 2025 • by Benzinga NewsdeskReported Earlier, Cboe Strengthens Asia Pacific Presence With Key Hires Amid Surging Demand For U.S. And European Market Access
May 14, 2025 • by Benzinga Newsdesk$100 Invested In Cboe Global Markets 15 Years Ago Would Be Worth This Much Today
May 9, 2025 • by Benzinga Insights
A Sign Of 'Skyrocketing' Risk Appetite? One-Day Option Trades Explode In Popularity
May 9, 2025 • by Vishaal Sanjay
FAQ
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.