V-Shares MSCI World ESG Materiality and Carbon Transition ETF
Top 10 Holdings
What is VMAT?
The V-Shares MSCI World ESG Materiality and Carbon Transition ETF (VMAT) invests in companies in developed markets countries, including the United States and Canada, that are assessed to be sector leaders in the global transition to low carbon emissions based on a set of environmental, social, and governance ("ESG") key issues that are aligned with the "Materiality Map" of the Sustainability Accounting Standard Board ("SASB"). The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI World ESG Materiality and Carbon Transition Select Index (Ticker MXESGMTN).
ETFs related toVMAT
ETFs correlated to VMAT include CVLC, CRBN, GFEB
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.
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.