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ETFs

Vesper US Large Cap Short-Term Reversal Strategy ETF

UTRN
$--
Today’s Change
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Snapshot
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Inception Date
Sep 21 2018
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Vesper Capital Management
Volume (1m avg. daily)
$136,370
AUM
$62,347,617
Associated Index
Solactive GBS United States 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

L
Loews Corp.
4.10%
AFL
Aflac Inc.
4.07%
PXD
Pioneer Natural Resources Co.
4.07%
MKL
Markel Corp
4.05%
OMC
Omnicom Group, Inc.
4.04%
MCK
Mckesson Corporation
4.03%
ABC
Amerisource Bergen Corp.
4.03%
MMM
3M Co.
4.03%
FSLR
First Solar Inc
4.02%
IBM
International Business Machines Corp.
4.02%
Invest with UTRN

What is UTRN?

The Fund primarily invests in securities comprising the Index. The Index is designed to measure the performance of a portfolio of twenty-five (25) securities selected from the Solactive GBS United States 500 Index (the "Solactive 500") that Vesper Capital Management, LLC (the "Index Provider") believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm"). Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in (i) securities and instruments issued by or economically tied to U.S. issuers and (ii) large capitalization equity securities.

ETFs related toUTRN

ETFs correlated to UTRN include JPUS, EQL, SCHV

UTRN
Exchange Traded Concepts Trust - Vesper U.S. Large Cap Short-Term Reversal Strategy ETF
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
EQL
ALPS Fund Services - ALPS Equal Sector Weight ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
CFA
Victory Portfolios II - VictoryShares US 500 Volatility Wtd ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend 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

UTRN is a US Equities ETF. The Fund primarily invests in securities comprising the Index. The Index is designed to measure the performance of a portfolio of twenty-five (25) securities selected from the Solactive GBS United States 500 Index (the "Solactive 500") that Vesper Capital Management, LLC (the "Index Provider") believes will most likely benefit from the "short-term reversal" effect, as determined by applying a proprietary algorithm ("Chow's Ratio" or "Algorithm"). Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in (i) securities and instruments issued by or economically tied to U.S. issuers and (ii) large capitalization equity securities.

UTRN tracks the Solactive GBS United States 500 Index.

No, UTRN 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, UTRN 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 UTRN is -0.0728%. This is the percent change in the value of UTRN over the most recent 1-month period. The 3-month return on UTRN is -0.0683%. This is the percent change in the value of UTRN over the most recent 3-month period.

The standard deviation of UTRN for the past year is 0.2014%. 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 UTRN include STRV, MOAT, and HDGE.

ETFs correlated to UTRN include JPUS, EQL, and SCHV.

ETFs that are inversely correlated to UTRN include DXD, SDOW, and DOG.

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.