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ETFs

Xtrackers Russell 1000 US Quality at a Reasonable Price ETF

QARP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 4, 2018
Expense Ratio
0.19%
Type
US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$212,333
AUM
$28,057,740
Associated Index
Russell 1000 2Qual/Val 5% Capped Factor Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
4.78%
MSFT
Microsoft Corporation
4.76%
XOM
Exxon Mobil Corp.
4.28%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.75%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.70%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.47%
CVX
Chevron Corp.
2.42%
WMT
Walmart Inc
2.34%
COST
Costco Wholesale Corp
2.15%
PFE
Pfizer Inc.
1.90%
Invest with QARP

What is QARP?

Xtrackers Russell 1000 US QARP ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Index.

ETFs related toQARP

ETFs correlated to QARP include GSLC, IUS, DFAU

QARP
DBX ETF Trust - Xtrackers Russell 1000 US Quality at a Reasonable Price ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
IUS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco RAFI Strategic US ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. 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 toQARP

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with QARP using Composer

FAQ

QARP is a US Equities ETF. Xtrackers Russell 1000 US QARP ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Index.

QARP tracks the Russell 1000 2Qual/Val 5% Capped Factor Index.

No, QARP is not actively managed. It is passively 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.

Yes, QARP is passively 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 QARP is 0.0044%. This is the percent change in the value of QARP over the most recent 1-month period. The 3-month return on QARP is 0.0252%. This is the percent change in the value of QARP over the most recent 3-month period.

The standard deviation of QARP for the past year is 0.1712%. 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 QARP include SPHQ, DSI, and QUAL.

ETFs correlated to QARP include GSLC, IUS, and DFAU.

ETFs that are inversely correlated to QARP include SPDN, SDS, and SH.

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.