Natixis Vaughan Nelson Mid Cap ETF
Top 10 Holdings
What is VNMC?
The Fund ordinarily invests at least 80% of its assetsin companies that, at the time of purchase, have market capitalizations eitherwithin the capitalization range of the Russell Midcap Value Index or of $15 billion or less. Vaughan Nelson Investment Management, L.P. ( Vaughan Nelson ) invests in medium-capitalization companies with a focus on those companies meetingVaughan Nelson s return expectations. Vaughan Nelson uses a bottom-up value oriented investment process in constructing the Fund s portfolio. VaughanNelson seeks companies with the following characteristics, although not all of the companies selected will have these attributes, 1. Companies earning a positive return on capital with stable-to-improving returns, 2. Companies valued at a discount to their asset value. and 3. Companies with an attractive and sustainable dividend level.
ETFs related toVNMC
ETFs correlated to VNMC include TPLC, JPUS, JPME
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.