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iPath Series B Bloomberg Sugar Subindex Total ReturnSM ETN

SGG
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Today’s Change
-- (--)

Snapshot
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Inception Date
Jan 17 2018
Expense Ratio
0.45%
Type
Global Commodities & Metals
Fund Owner
Barclays iPath
Volume (1m avg. daily)
$474,028
AUM
$12,835,616
Associated Index
Bloomberg Sugar Sub-Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Invest with SGG

What is SGG?

The iPath Series B Bloomberg Sugar Subindex Total Return ETNs (the "ETNs") were designed to provide exposure to the Bloomberg Sugar Subindex Total Return (the "Index"). The Index reflects the returns that are potentially available through an unleveraged investment in the futures contracts on sugar. The Index currently consists of one futures contract on the commodity of sugar which is included in the Bloomberg Commodity Index Total Return.

ETFs related toSGG

ETFs correlated to SGG include CANE, DBA, TILL

SGG
Barclays Bank PLC - iPath Series B Bloomberg Sugar Subindex Total Return ETN
CANE
Teucrium Trading, LLC - Teucrium Sugar Fund
DBA
Invesco DB Multi-Sector Commodity Trust - Invesco DB Agriculture Fund
TILL
Listed Funds Trust - Teucrium Agricultural Strategy No K-1 ETF
COM
Direxion Shares ETF Trust - Direxion Auspice Broad Commodity Strategy ETF
MDLV
EA Series Trust - Morgan Dempsey Large Cap Value ETF
MAYW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 May ETF
FTGC
First Trust Exchange-Traded Fund III - First Trust Global Tactical Commodity Strategy Fund
PDBC
Invesco Capital Management LLC - Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
DBC
DB Commodity Services LLC - Invesco DB Commodity Index Tracking Fund
DJP
Barclays Bank PLC - iPath Bloomberg Commodity Total Return ETN

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 toSGG

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SGG using Composer

FAQ

SGG is a Global Commodities & Metals ETF. The iPath Series B Bloomberg Sugar Subindex Total Return ETNs (the "ETNs") were designed to provide exposure to the Bloomberg Sugar Subindex Total Return (the "Index"). The Index reflects the returns that are potentially available through an unleveraged investment in the futures contracts on sugar. The Index currently consists of one futures contract on the commodity of sugar which is included in the Bloomberg Commodity Index Total Return.

SGG tracks the Bloomberg Sugar Sub-Index.

No, SGG 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, SGG 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 SGG is -0.05%. This is the percent change in the value of SGG over the most recent 1-month period. The 3-month return on SGG is 0.2213%. This is the percent change in the value of SGG over the most recent 3-month period.

The standard deviation of SGG for the past year is 0.2518%. 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 SGG include TAGS, JO, and BAL.

ETFs correlated to SGG include CANE, DBA, and TILL.

ETFs that are inversely correlated to SGG include SCO, BOXX, and USDU.

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.