Snapshot*
Top 10 Holdings
What is QRFT?
The QRAFT AI-Enhanced U.S. Large Cap ETF (the Fund ) seeks capital appreciation.The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing at least 80% of its net assets, plus the amounts of any borrowings for investment purposes, in securities of U.S.-listed large capitalization companies.The Fund s adviser, Exchange Traded Concepts, LLC (the Adviser ) uses an investment process based on a proprietary artificial intelligence security selection process that extracts patterns from analyzing data, as discussed below, developed by QRAFT Technologies, Inc. ( Qraft ). In pursuing the Fund s investment objective, the Adviser consults a database generated by Qraft s AI Quantitative Investment System ( AQUA ), which automatically selects and weights portfolios of companies to provide a balanced exposure to five main factors affecting the U.S. market (the Five Factors ): quality (generally, a company s profitability), size (market capitalization), value (comparison of a company s market value versus its book value), momentum (a security s recent price returns compared to the overall market over time), and volatility (a security s systematic risk as compared to the market as a whole) (the U.S. Large Cap Database ).
ETFs related toQRFT
ETFs correlated to QRFT include JHML, DFAU, GSLC
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 toQRFT
Controlling for Volatility
Follow the Global Trend
Create your own algorithmic trading strategy with QRFT using Composer
News Related to QRFT
Elon Musk-Backed Brain Chip Implant Neuralink Under Scrutiny Lens Following FDA's Oversight Regulatory Compliance
Mar 26, 2024 • by Vandana Singh
Apple Displaced As Top Holding By AI-Play Big Tech In Robot-Run Large-Cap ETF
Jun 8, 2023 • by Benzinga Newsbot
Apple, Microsoft Top Holdings, Robot-Run Large Cap ETF Also Adds These Non-Tech Stocks To Portfolio
Nov 17, 2022 • by Bhavik Nair
AI Indicator Of Firm Famous For Tesla Bet Flashes 'Cautious' Sign For US Stock Market This Week
Nov 8, 2022 • by Bhavik Nair
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.