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ETFs

AdvisorShares Insider Advantage ETF

SURE
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Oct 4, 2011
Expense Ratio
0.91%
Type
US Equities
Fund Owner
Advisor Shares
Volume (1m avg. daily)
$20,847
AUM
$41,420,497
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AMR
Alpha Metallurgical Resources Inc
1.39%
VST
Vistra Corp
1.25%
MPC
Marathon Petroleum Corp
1.19%
PBF
PBF Energy Inc - Ordinary Shares - Class A
1.18%
CEIX
Consol Energy Inc
1.13%
TRTN
Triton International Ltd
1.13%
VLO
Valero Energy Corp.
1.13%
ALSN
Allison Transmission Holdings Inc
1.12%
IDCC
Interdigital Inc
1.10%
MUSA
Murphy USA Inc
1.09%
Invest with SURE

What is SURE?

AdvisorShares Insider Advantage ETF seeks to invest in the equities of companies actively trying to reduce their public equity float through well executed stock buyback programs and corporate insider buying. Not only do buybacks and insider buying demonstrate that executives may see relative value in the firm stock they also could create favorable shareholder market conditions through the reduction of publicly available shares. SURE selects holdings using an active quantitative multi factor model to identify companies shrinking float lowering leverage growing free cash flow and providing dividends.

ETFs related toSURE

ETFs correlated to SURE include LSAF, SYLD, RWK

SURE
Advisorshares Trust - AdvisorShares Insider Advantage ETF
LSAF
Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF
SYLD
Cambria Investment Management LP - Cambria Shareholder Yield ETF
RWK
Invesco Exchange-Traded Fund Trust II - Invesco S&P MidCap 400 Revenue ETF
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
VFQY
Vanguard Group, Inc. - Vanguard U.S. Quality Factor ETF
CALF
Pacer Funds Trust - Pacer US Small Cap Cash Cows 100 ETF
AVUV
American Century ETF Trust - Avantis U.S. Small Cap Value ETF
XMHQ
Invesco Capital Management LLC - Invesco S&P MidCap Quality ETF
EZM
WisdomTree Trust - WisdomTree U.S. MidCap Fund
FNX
First Trust Exchange-Traded Fund III - First Trust Mid Cap Core AlphaDEX Fund

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.

FAQ

SURE is a US Equities ETF. AdvisorShares Insider Advantage ETF seeks to invest in the equities of companies actively trying to reduce their public equity float through well executed stock buyback programs and corporate insider buying. Not only do buybacks and insider buying demonstrate that executives may see relative value in the firm stock they also could create favorable shareholder market conditions through the reduction of publicly available shares. SURE selects holdings using an active quantitative multi factor model to identify companies shrinking float lowering leverage growing free cash flow and providing dividends.

Yes, SURE 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, SURE 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 SURE is -0.0063%. This is the percent change in the value of SURE over the most recent 1-month period. The 3-month return on SURE is 0.0376%. This is the percent change in the value of SURE over the most recent 3-month period.

The standard deviation of SURE for the past year is 0.2004%. 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 SURE include PKW, VIXY, and XYLD.

ETFs correlated to SURE include LSAF, SYLD, and RWK.

ETFs that are inversely correlated to SURE include RWM, TZA, and TWM.

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.