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ETFs

V-Shares US Leadership Diversity ETF

VDNI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 20 2021
Expense Ratio
0.29%
Type
US Equities
Fund Owner
V-Square
Volume (1m avg. daily)
$3
AUM
$1,163,175
Associated Index
ISS ESG U.S. Diversity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No

Top 10 Holdings

AAPL
Apple Inc
10.07%
MSFT
Microsoft Corporation
9.06%
NVDA
NVIDIA Corp
3.38%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.78%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.44%
META
Meta Platforms Inc - Ordinary Shares - Class A
2.24%
UNH
Unitedhealth Group Inc
1.70%
JNJ
Johnson & Johnson
1.58%
LLY
Lilly(Eli) & Co
1.43%
V
Visa Inc - Ordinary Shares - Class A
1.39%
Invest with VDNI

What is VDNI?

The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ISS ESG U.S. Diversity Index Total Return (Ticker ISSDIVUT). It invests in domestic companies (US) exhibiting broad ethnic and gender representation for Directors and Named Executive Officers (NEO).

ETFs related toVDNI

ETFs correlated to VDNI include BKLC, EFIV, IWL

VDNI
Managed Portfolio Series - V-Shares US Leadership Diversity ETF
BKLC
BNY Mellon ETF Trust - BNY Mellon US Large Cap Core Equity ETF
EFIV
SPDR Series Trust - SPDR S&P 500 ESG ETF
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
PBUS
Invesco Capital Management LLC - Invesco PureBeta SM MSCI USA ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap 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.

Automated Strategies
Related toVDNI

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with VDNI using Composer

FAQ

VDNI is a US Equities ETF. The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ISS ESG U.S. Diversity Index Total Return (Ticker ISSDIVUT). It invests in domestic companies (US) exhibiting broad ethnic and gender representation for Directors and Named Executive Officers (NEO).

VDNI tracks the ISS ESG U.S. Diversity Index.

No, VDNI 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, VDNI 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 VDNI is 0.0415%. This is the percent change in the value of VDNI over the most recent 1-month period. The 3-month return on VDNI is 0.1018%. This is the percent change in the value of VDNI over the most recent 3-month period.

The standard deviation of VDNI for the past year is 0.208%. 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 VDNI include SUSA, IGE, and SPHQ.

ETFs correlated to VDNI include BKLC, EFIV, and IWL.

ETFs that are inversely correlated to VDNI include SH, SPDN, and SPXS.

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.