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ETFs

Strive Emerging Markets Ex-China ETF

STXE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 31 2023
Expense Ratio
0.32%
Type
Global Ex. US Equities
Fund Owner
Strive Asset Management
Volume (1m avg. daily)
$377,271
AUM
$104,048,819
Associated Index
Bloomberg Emerging Markets ex China Large & Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
8.67%
005930
Samsung Electronics
4.87%
ARAMCO
SAUDI ARABIAN OIL CO
2.32%
IHC
INTL HOLD COMPANYF
1.91%
500180
HDFC Bank Ltd.
1.69%
500325
Reliance Industries Ltd.
1.69%
RJHI
AL RAJHI BANK
1.62%
532174
ICICI Bank Ltd.
1.37%
VALE3
VALE SA
1.18%
500209
Infosys Ltd
1.13%
Invest with STXE

What is STXE?

Strive Emerging Markets Ex-China ETF is a passively managed ETF designed to track the performance of the Bloomberg Emerging Market ex-China Large & Mid Cap Index, which seeks exposure to large- and mid-capitalization equity securities across 24 emerging market economies, excluding China. The Index Components are aggregated together and ranked by total market capitalization. Each Index Component is subsequently assigned a weight based on its free float market capitalization. The weight represents the percentage amount of the Index Component as a percentage of the total Index. Starting with the largest free-float market capitalization, the Index is fully comprised once approximately 85% of the accumulated free float market-capitalization of the Index Universe is selected.

ETFs related toSTXE

ETFs correlated to STXE include EMXC, NUEM, XSOE

STXE
EA Series Trust - Strive Emerging Markets Ex-China ETF
EMXC
BlackRock Institutional Trust Company N.A. - IShares MSCI Emerging Markets ex China ETF
NUEM
Nuveen Fund Advisors LLC - Nuveen ESG Emerging Markets Equity ETF
XSOE
WisdomTree Trust - WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
EELV
Invesco Capital Management LLC - Invesco S&P Emerging Markets Low Volatility ETF
AVEM
American Century ETF Trust - Avantis Emerging Markets Equity ETF
ESGE
iShares Trust - iShare Inc iShares ESG Aware MSCI EM ETF
IEMG
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Emerging Markets ETF
EDC
Direxion Shares ETF Trust - Direxion Daily Emerging Markets Bull 3X Shares
EEM
BlackRock Institutional Trust Company N.A. - iShares MSCI Emerging Markets ETF
FRDM
EA Series Trust - Alpha Architect Freedom 100 Emerging Markets 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 toSTXE

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with STXE using Composer

FAQ

STXE is a Global Ex. US Equities ETF. Strive Emerging Markets Ex-China ETF is a passively managed ETF designed to track the performance of the Bloomberg Emerging Market ex-China Large & Mid Cap Index, which seeks exposure to large- and mid-capitalization equity securities across 24 emerging market economies, excluding China. The Index Components are aggregated together and ranked by total market capitalization. Each Index Component is subsequently assigned a weight based on its free float market capitalization. The weight represents the percentage amount of the Index Component as a percentage of the total Index. Starting with the largest free-float market capitalization, the Index is fully comprised once approximately 85% of the accumulated free float market-capitalization of the Index Universe is selected.

STXE tracks the Bloomberg Emerging Markets ex China Large & Mid Cap Index.

No, STXE 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, STXE 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 STXE is -0.0051%. This is the percent change in the value of STXE over the most recent 1-month period. The 3-month return on STXE is %. This is the percent change in the value of STXE over the most recent 3-month period.

ETFs similar to STXE include ARKK, TAN, and EFG.

ETFs correlated to STXE include EMXC, NUEM, and XSOE.

ETFs that are inversely correlated to STXE include EDZ, EUM, and EFZ.

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.