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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)
$19,532
AUM
$3,928,258
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TSLA
Tesla Inc
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Microsoft Corporation
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n/a
Cash
7.34%
ASML
ASML Holding NV - New York Shares
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SQ
Block Inc - Ordinary Shares - Class A
4.49%
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Apple Inc
4.26%
GOOG
Alphabet Inc - Ordinary Shares - Class C
4.07%
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 CHAT, FNGU, FNGS

VCAR
Simplify Exchange Traded Funds - Simplify Volt RoboCar Disruption and Tech ETF
CHAT
Tidal Trust II - Roundhill Generative AI & Technology ETF
FNGU
Bank of Montreal - BMO REX MicroSectors FANG+ Index 3X Leveraged ETN
FNGS
Bank of Montreal - MicroSectors FANG ETNs
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
FNGO
Bank of Montreal - MicroSectors FANG+Index 2X Leveraged ETNs
BULZ
Bank of Montreal - MicroSectorsTM Solactive FANG Innovation 3X Leveraged ETNs
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
FBCG
Fidelity Covington Trust - Fidelity Blue Chip Growth ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1

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 toVCAR

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with VCAR using Composer

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 -0.0327%. This is the percent change in the value of VCAR over the most recent 1-month period. The 3-month return on VCAR is -0.0487%. 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 0.3481%. 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 PBW, IGF, and ARKK.

ETFs correlated to VCAR include CHAT, FNGU, and FNGS.

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

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.