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ETFs

Inverse Cramer Tracker ETF

SJIM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 01 2023
Expense Ratio
1.20%
Type
US Equities
Fund Owner
Tuttle Tactical Management
Volume (1m avg. daily)
$20,842
AUM
$3,411,800
Associated Index
None
Inverse/Leveraged
Inverse (-1)
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
US DOLLARS
103.92%
n/a
BBH SWEEP VEHICLE
54.14%
CVNA
Carvana Co. - Ordinary Shares - Class A
4.78%
AA
Alcoa Corp
4.14%
ALB
Albemarle Corp.
3.95%
PYPL
PayPal Holdings Inc
3.91%
NIO
NIO Inc - ADR
3.47%
CLF
Cleveland-Cliffs Inc
2.24%
AI
C3.ai Inc - Ordinary Shares - Class A
1.99%
RIVN
Rivian Automotive Inc - Ordinary Shares - Class A
1.92%
Invest with SJIM

What is SJIM?

The Inverse Cramer Tracker ETF seeks to provide investments results that are approximately the opposite of, before fees and expenses, the results of the investments recommended by television personality Jim Cramer. The Fund is an actively managed exchange traded fund that seeks to achieve its investment objective by engaging in transactions designed to perform the opposite of the return of the investments recommended by television personality Jim Cramer. Under normal circumstances, at least 80% of the Fund investments is invested in the inverse of securities mentioned by Cramer.

ETFs related toSJIM

ETFs correlated to SJIM include SDS, SPDN, SPXU

SJIM
Northern Lights Fund Trust IV - Inverse Cramer Tracker ETF
SDS
ProShares Trust - ProShares UltraShort S&P500 -2x Shares
SPDN
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear 1X Shares
SPXU
ProShares Trust - ProShares UltraPro Short S&P 500
SPXS
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bear -3X Shares
SH
ProShares Trust - ProShares Short S&P500 -1x Shares
WEBS
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bear -3X Shares
PSQ
ProShares Trust - ProShares Short QQQ -1x Shares
SQQQ
ProShares Trust - ProShares UltraPro Short QQQ -3x Shares
QID
ProShares Trust - ProShares UltraShort QQQ -2x Shares
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X 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
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Create your own algorithmic trading strategy with SJIM using Composer

FAQ

SJIM is a US Equities ETF. The Inverse Cramer Tracker ETF seeks to provide investments results that are approximately the opposite of, before fees and expenses, the results of the investments recommended by television personality Jim Cramer. The Fund is an actively managed exchange traded fund that seeks to achieve its investment objective by engaging in transactions designed to perform the opposite of the return of the investments recommended by television personality Jim Cramer. Under normal circumstances, at least 80% of the Fund investments is invested in the inverse of securities mentioned by Cramer.

Yes, SJIM 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, SJIM 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 SJIM is 0.0069%. This is the percent change in the value of SJIM over the most recent 1-month period. The 3-month return on SJIM is 0.0436%. This is the percent change in the value of SJIM over the most recent 3-month period.

ETFs similar to SJIM include TQQQ, SSO, and TNA.

ETFs correlated to SJIM include SDS, SPDN, and SPXU.

ETFs that are inversely correlated to SJIM include GJUN, FAUG, and DAUG.

Yes, SJIM is a Inverse (-1) ETF.

Yes, SJIM is a Inverse (-1) leveraged ETF.

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.