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Advocate Rising Rate Hedge ETF

RRH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 28 2021
Expense Ratio
0.85%
Type
Global Diversified
Fund Owner
Advocate Capital Management
Volume (1m avg. daily)
$132,872
AUM
$6,380,942
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

B 0 10/03/23
B 10/03/23
31.31%
n/a
Cash
30.41%
n/a
B 09/26/23
23.50%
XLE
SSgA Active Trust - The Energy Select Sector SPDR Fund
12.51%
n/a
JAPANESE YEN
2.26%
n/a
BRITISH STERLING POUND
0.00%
Invest with RRH

What is RRH?

The Fund is actively managed and seeks to achieve its investment objective primarily by investing in a combination of: U.S. Treasury securities; forwards, futures or options on various currencies; long and short positions on the short and long-end of the Treasury or swap yield curve via futures, swaps, forwards and other over-the-counter ("OTC") derivatives; long and short positions on equity indexes and/or investment companies, including ETFs; and commodity futures and options.

ETFs related toRRH

ETFs correlated to RRH include PST, TBX, DBMF

RRH
Advisors Inner Circle Fund III - Advocate Rising Rate Hedge ETF
PST
Invesco Capital Management LLC - PowerShares UltraShort Lehman 7-10 + Year Treasury ProShares -2X Sh
TBX
ProShares Trust - ProShares Short 7-10 Year Treasury -1x Shares
DBMF
Manager Directed Portfolios - iMGP DBi Managed Futures Strategy ETF
TMV
Direxion Shares ETF Trust - Direxion Daily 20+ Year Treasury Bear -3X Shares
TBF
ProShares Trust - ProShares Short 20+ Year Treasury -1x Shares
TTT
ProShares Trust - ProShares UltraPro Short 20+ Year Treasury -3x Shares
TBT
Invesco Capital Management LLC - PowerShares UltraShort Lehman 20+ Year Treasury ProShares 2x Shares
CTA
Simplify Exchange Traded Funds - Simplify Managed Futures Strategy ETF
KMLM
KraneShares Trust - KFA Mount Lucas Managed Futures Index Strategy ETF
GLL
ProShares Trust - ProShares UltraShort Gold -2x Shares

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 toRRH

#SPIRAL

Stoic Finance Presents: Inflation Spiral Hedge

Category

Community

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RRH using Composer

FAQ

RRH is a Global Diversified ETF. The Fund is actively managed and seeks to achieve its investment objective primarily by investing in a combination of: U.S. Treasury securities; forwards, futures or options on various currencies; long and short positions on the short and long-end of the Treasury or swap yield curve via futures, swaps, forwards and other over-the-counter ("OTC") derivatives; long and short positions on equity indexes and/or investment companies, including ETFs; and commodity futures and options.

Yes, RRH 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, RRH 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 RRH is 0.0294%. This is the percent change in the value of RRH over the most recent 1-month period. The 3-month return on RRH is 0.1161%. This is the percent change in the value of RRH over the most recent 3-month period.

The standard deviation of RRH for the past year is 0.4802%. 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 RRH include AOR, DRSK, and FPEI.

ETFs correlated to RRH include PST, TBX, and DBMF.

ETFs that are inversely correlated to RRH include IBTJ, IBTF, and SCHR.

Disclaimers

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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.