Skip to Content
ETFs

Rareview Dynamic Fixed Income ETF

RDFI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 21 2020
Expense Ratio
3.04%
Type
Global Closed End Funds
Fund Owner
Rareview Funds
Volume (1m avg. daily)
$161,669
AUM
$41,108,480
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
CASH AND CASH EQUIVALENTS
8.21%
n/a
TREASURY BILL 0.0 05/11/2023
8.02%
BTZ
BLACKROCK CREDIT ALLOCATION
7.68%
FAX
ABRDN ASIA-PACIFIC INCOME FU
6.68%
PTA
COHEN & STEERS TAX-ADVANTAGE
6.02%
FPF
FIRST TRUST INTERMEDIATE DUR
5.72%
JPS
NUVEEN PREFERRED & INCOME SE
5.58%
BKT
BLACKROCK INCOME TRUST
5.35%
NZF
NUVEEN MUNI CREDIT INC FD
5.24%
EMD
WESTERN ASSET EMRG MRKT DBT
4.41%
Invest with RDFI

What is RDFI?

The Fund is an actively managed exchange-traded fund. The Fund seeks to achieve its investment objective principally through investments in closed-end funds. Under normal market conditions, the Fund will invest in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. In selecting securities for the Fund s portfolio, the Adviser uses a top-down macro asset allocation approach to select closed-end funds that the Adviser believes will contribute to the achievement of the Fund s investment objective. Investments in closed-end funds will generally fall within a custom asset class designed by the Adviser to replicate a broader investment class.

ETFs related toRDFI

ETFs correlated to RDFI include YYY, PCEF, XMPT

RDFI
Collaborative Investment Series Trust - Rareview Dynamic Fixed Income ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
XMPT
VanEck ETF Trust - VanEck CEF Muni Income ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
PCY
Invesco Capital Management LLC - Invesco Emerging Markets Sovereign Debt ETF
DFGR
Dimensional ETF Trust - Dimensional Global Real Estate ETF
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation 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 toRDFI

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

Create your own algorithmic trading strategy with RDFI using Composer

FAQ

RDFI is a Global Closed End Funds ETF. The Fund is an actively managed exchange-traded fund. The Fund seeks to achieve its investment objective principally through investments in closed-end funds. Under normal market conditions, the Fund will invest in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. In selecting securities for the Fund s portfolio, the Adviser uses a top-down macro asset allocation approach to select closed-end funds that the Adviser believes will contribute to the achievement of the Fund s investment objective. Investments in closed-end funds will generally fall within a custom asset class designed by the Adviser to replicate a broader investment class.

Yes, RDFI 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, RDFI 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 RDFI is -0.023%. This is the percent change in the value of RDFI over the most recent 1-month period. The 3-month return on RDFI is %. This is the percent change in the value of RDFI over the most recent 3-month period.

The standard deviation of RDFI for the past year is 0.0973%. 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 RDFI include AGG, BND, and MINT.

ETFs correlated to RDFI include YYY, PCEF, and XMPT.

ETFs that are inversely correlated to RDFI include SJB, TZA, and SRTY.

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.