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ETFs

Touchstone Strategic Income Opportunities ETF

SIO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 21 2022
Expense Ratio
0.65%
Type
Global Bonds
Fund Owner
Touchstone Investments
Volume (1m avg. daily)
$958
AUM
$98,625,205
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
US TREASURY N/B 3.875 5/15/2043
4.62%
n/a
US TREASURY N/B 4 2/29/2028
4.58%
n/a
TSY INFL IX N/B 1.25 4/15/2028
4.56%
n/a
WI TSY N/B 1.375 7/15/2033
4.37%
n/a
US TREASURY N/B 4 11/15/2052
2.41%
n/a
DREYFUS GOV CASH
2.10%
n/a
US TREASURY N/B 2.375 2/15/2042
1.77%
n/a
CAS 2017-C06 1B1 FRN 2/25/2030
0.91%
n/a
TESLA 2021-A E 2.64 3/20/2025
0.90%
n/a
BX 2020-VIV2 C FRN 3/9/2044
0.87%
Invest with SIO

What is SIO?

Primarily invests in income producing securities including corporate debt securities, mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and preferred stocks. Expanded opportunity set provides the flexibility to react to market dislocations Broadly diversified by sector, resulting in multiple sources of return potential and seeks low correlation to traditional asset classes.

ETFs related toSIO

ETFs correlated to SIO include DIAL, IGIB, SUSC

SIO
Touchstone ETF Trust - Touchstone Strategic Income Opportunities ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
FBND
Fidelity Covington Trust - Fidelity Total Bond ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond ETF
DYLD
Two Roads Shared Trust - LeaderShares Dynamic Yield 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 toSIO

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SIO using Composer

FAQ

SIO is a Global Bonds ETF. Primarily invests in income producing securities including corporate debt securities, mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and preferred stocks. Expanded opportunity set provides the flexibility to react to market dislocations Broadly diversified by sector, resulting in multiple sources of return potential and seeks low correlation to traditional asset classes.

Yes, SIO 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, SIO 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 SIO is -0.009%. This is the percent change in the value of SIO over the most recent 1-month period. The 3-month return on SIO is -0.0108%. This is the percent change in the value of SIO over the most recent 3-month period.

The standard deviation of SIO for the past year is 0.0567%. 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 SIO include GVI, BLV, and BSV.

ETFs correlated to SIO include DIAL, IGIB, and SUSC.

ETFs that are inversely correlated to SIO include TBX, PST, and TBF.

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.