Skip to Content
ETFs

Trajan Wealth Income Opportunities ETF

TWIO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 1, 2021
Expense Ratio
0.86%
Type
Global Diversified
Fund Owner
Trajan Wealth
Volume (1m avg. daily)
$117,080
AUM
$39,422,245
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
3132DWHU0
2.98%
n/a
Motiva Enterprises 6.85 % Notes 2010-15.1.40 Sr -144A-
2.68%
n/a
91282CGU9
2.54%
n/a
91282CGN5
2.53%
n/a
HP 6 % Notes 2011-15.9.41 Sr Global
2.44%
n/a
3133BYCW7
2.41%
n/a
3136BPM73
2.40%
SBBA
Scorpio Tankers Inc - 7% NT REDEEM 30/06/2025 USD 25
2.33%
OLN30
Olin Corp. - 5% NT REDEEM 01/02/2030 USD 2000
2.27%
FCX43
Freeport-McMoRan Inc - 5.45% NT REDEEM 15/03/2043 USD 2000
2.24%
Invest with TWIO

What is TWIO?

The Fund will be allocated across several asset classes including preferred stock, common stock, bonds and other structured notes (MBS/ABS etc.). Bond ratings will include both investment and non-investment grade. The total number of positions in the Fund will range between 30 and 50 holdings. The Fund is an actively managed exchange-traded fund ( ETF ).

ETFs related toTWIO

ETFs correlated to TWIO include PFF, PFFA, PFXF

TWIO
Spinnaker ETF Series - Trajan Wealth Income Opportunities ETF
PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
PFFA
ETFis Series Trust I - Virtus InfraCap U.S. Preferred Stock ETF
PFXF
VanEck ETF Trust - VanEck Preferred Securities ex Financials ETF
DFSU
Dimensional ETF Trust - Dimensional US Sustainability Core 1 ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
PFFD
Global X Funds - Global X U.S. Preferred ETF
FNX
First Trust Exchange-Traded Fund III - First Trust Mid Cap Core AlphaDEX Fund
KCE
SPDR Series Trust - SPDR S&P Capital Markets ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value 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.

FAQ

TWIO is a Global Diversified ETF. The Fund will be allocated across several asset classes including preferred stock, common stock, bonds and other structured notes (MBS/ABS etc.). Bond ratings will include both investment and non-investment grade. The total number of positions in the Fund will range between 30 and 50 holdings. The Fund is an actively managed exchange-traded fund ( ETF ).

Yes, TWIO 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, TWIO 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 TWIO is -0.0046%. This is the percent change in the value of TWIO over the most recent 1-month period. The 3-month return on TWIO is 0.0041%. This is the percent change in the value of TWIO over the most recent 3-month period.

The standard deviation of TWIO for the past year is 0.1027%. 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 TWIO include AOR, DRSK, and FPEI.

ETFs correlated to TWIO include PFF, PFFA, and PFXF.

ETFs that are inversely correlated to TWIO include RWM, SRTY, and TZA.

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.