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ETFs

Simplify Volt RoboCar Disruption and Tech ETF

VCAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 28 2020
Expense Ratio
0.95%
Type
Global Equities
Fund Owner
Simplify ETF
Volume (1m avg. daily)
$23,506
AUM
$3,621,008
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

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Invest with VCAR

What is VCAR?

The adviser and sub-adviser seek to achieve the Fund s investment objective by investing in U.S. and foreign equity securities and equity securities of companies engaging in activities that are consistent with Fund s investment theme of robocar disruption and technology. The adviser applies an option overlay strategy to the Fund s equity investments. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic and foreign securities of companies and exchange traded funds ( ETFs ) that are engaged in the Fund s investment theme. A company is deemed to be engaged in the Fund s theme if (i) it derives a significant portion of its revenue or market value from the theme of robocar disruption and technology or (ii) it has stated its primary business tobe in products and services focused on the theme of robocar disruption and technology.

ETFs related toVCAR

ETFs correlated to VCAR include FWD, QGRW, USCA

VCAR
Simplify Exchange Traded Funds - Simplify Volt RoboCar Disruption and Tech ETF
FWD
AB Active ETFs Inc - AB Disruptors ETF
QGRW
WisdomTree Trust - WisdomTree U.S. Quality Growth Fund
USCA
DBX ETF Trust - Xtrackers MSCI USA Climate Action Equity ETF
FNGU
Bank of Montreal - BMO REX MicroSectors FANG+ Index 3X Leveraged ETN
FNGS
Bank of Montreal - MicroSectors FANG ETNs
MAYT
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer10 May ETF
BULZ
Bank of Montreal - MicroSectorsTM Solactive FANG Innovation 3X Leveraged ETNs
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
GAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April
XNTK
SPDR Series Trust - SPDR NYSE Technology 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

VCAR is a Global Equities ETF. The adviser and sub-adviser seek to achieve the Fund s investment objective by investing in U.S. and foreign equity securities and equity securities of companies engaging in activities that are consistent with Fund s investment theme of robocar disruption and technology. The adviser applies an option overlay strategy to the Fund s equity investments. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in domestic and foreign securities of companies and exchange traded funds ( ETFs ) that are engaged in the Fund s investment theme. A company is deemed to be engaged in the Fund s theme if (i) it derives a significant portion of its revenue or market value from the theme of robocar disruption and technology or (ii) it has stated its primary business tobe in products and services focused on the theme of robocar disruption and technology.

Yes, VCAR 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, VCAR 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 VCAR is 0.1696%. This is the percent change in the value of VCAR over the most recent 1-month period. The 3-month return on VCAR is 0.1086%. This is the percent change in the value of VCAR over the most recent 3-month period.

The standard deviation of VCAR for the past year is 0.4064%. 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 VCAR include IGF, EFG, and PBW.

ETFs correlated to VCAR include FWD, QGRW, and USCA.

ETFs that are inversely correlated to VCAR include FNGD, BERZ, and TSLQ.

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.