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ETFs

SOGU
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 18 2021
Expense Ratio
0.95%
Type
US Equities
Fund Owner
AXS Investments
Volume (1m avg. daily)
$79,595
AUM
$8,592,465
Associated Index
None
Inverse/Leveraged
Inverse (-1)
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
CASH
100.00%
Invest with SOGU

What is SOGU?

The Fund seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100% of the return of the De-SPAC Index (the Index ). This means that the return of the Fund for a period longer than a trading day will be the result of each single day s compounded return over the period, which will very likely differ from -100% of the return of the Index for that period. Longer holding periods and higher volatility of the Index increase the impact of compounding on an investor s returns. During periods of higher Index volatility, the volatility of the Index may affect the Fund s return as much as, or more than, the return of the Index. Further, the return for investors that invest for periods longer or shorter than a trading day should not be expected to be -100% of the performance of the Index for the period. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily inverse (-1X) investment results, understand the risks associated with the use of shorting and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the Index s performance is flat, and it is possible that the Fund will lose money even if the Index s performance decreases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day. The Fund is an actively managed exchange traded fund.

ETFs related toSOGU

ETFs correlated to SOGU include BTAL, HDGE, SARK

SOGU
Investment Managers Series Trust II - AXS Short De-SPAC Daily ETF
BTAL
AGF Investments Trust - AGF U.S. Market Neutral Anti-Beta Fund
HDGE
Advisorshares Trust - Ranger Equity Bear -1x Shares
SARK
Investment Managers Series Trust II - AXS Short Innovation Daily ETF
HIBS
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bear 3X Shares
WEBS
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bear -3X Shares
TZA
Direxion Shares ETF Trust - Direxion Daily Small Cap Bear 3X Shares
TWM
ProShares Trust - ProShares UltraShort Russell2000 -2x Shares
RWM
ProShares Trust - ProShares Short Russell2000 -1x Shares
SRTY
ProShares Trust - ProShares UltraPro Short Russell2000 -3x Shares
BERZ
Bank of Montreal - MicroSectorsTM Solactive FANG & Innovation -3X Inverse Leveraged ETNs

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 toSOGU

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SOGU using Composer

FAQ

SOGU is a US Equities ETF. The Fund seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -100% of the return of the De-SPAC Index (the Index ). This means that the return of the Fund for a period longer than a trading day will be the result of each single day s compounded return over the period, which will very likely differ from -100% of the return of the Index for that period. Longer holding periods and higher volatility of the Index increase the impact of compounding on an investor s returns. During periods of higher Index volatility, the volatility of the Index may affect the Fund s return as much as, or more than, the return of the Index. Further, the return for investors that invest for periods longer or shorter than a trading day should not be expected to be -100% of the performance of the Index for the period. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily inverse (-1X) investment results, understand the risks associated with the use of shorting and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the Index s performance is flat, and it is possible that the Fund will lose money even if the Index s performance decreases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day. The Fund is an actively managed exchange traded fund.

Yes, SOGU 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, SOGU 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 SOGU is -0.1345%. This is the percent change in the value of SOGU over the most recent 1-month period. The 3-month return on SOGU is -0.244%. This is the percent change in the value of SOGU over the most recent 3-month period.

The standard deviation of SOGU for the past year is 0.578%. 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 SOGU include SSO, SDS, and QID.

ETFs correlated to SOGU include BTAL, HDGE, and SARK.

ETFs that are inversely correlated to SOGU include PBW, KOMP, and ARKF.

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

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

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.