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ETFs

Affinity World Leaders Equity ETF

WLDR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 12 2018
Expense Ratio
0.67%
Type
Global Equities
Fund Owner
Regents Park Funds
Volume (1m avg. daily)
$73,015
AUM
$35,715,000
Associated Index
Thomson Reuters StarMine Affinity World Leaders Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ULTA
Ulta Beauty Inc
2.59%
AZO
Autozone Inc.
2.29%
JBL
Jabil Inc
2.19%
ON
ON Semiconductor Corp.
2.02%
OMC
Omnicom Group, Inc.
1.87%
HPE
Hewlett Packard Enterprise Co
1.83%
IPG
Interpublic Group Of Cos., Inc.
1.81%
HPQ
HP Inc
1.78%
DELL
Dell Technologies Inc - Ordinary Shares - Class C
1.73%
BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
1.68%
Invest with WLDR

What is WLDR?

The Thomson Reuters StarMine Affinity World Leaders Equity ETF ("the Fund") seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the TRSAWL Index or the Index ). The Fund seeks to passively replicate the TRSAWL Index. The TRSAWL Index consists of equity securities issued and traded in the US as well as international countries. The TRSAWL Index is expected to consist of approximately 150 to 250 stocks in at least 3 countries, but may span more than 20 countries. The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the Fund s benchmark index. The Fund may also invest in American Depositary Receipts ( ADRs ) and Global Depositary Receipts ( GDRs ) (collectively Depositary Receipts ) based on the securities in the TRSAWL Index. The index is comprised of U.S. and international companies which are characterized by strong global footprint, rank high on measures of earnings quality, demonstrate improving fundamentals, show stock price momentum, and trade at relatively attractive valuations.

ETFs related toWLDR

ETFs correlated to WLDR include VLU, FEX, FNDB

WLDR
Two Roads Shared Trust - Affinity World Leaders Equity ETF
VLU
SPDR Series Trust - SPDR S&P 1500 Value Tilt ETF
FEX
First Trust Exchange-Traded Fund III - First Trust Large Cap Core AlphaDEX Fund
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
DGT
SPDR Series Trust - SPDR Global Dow ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
JVAL
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Value Factor ETF
USMF
WisdomTree Trust - WisdomTree U.S. Multifactor Fund
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
VFVA
Vanguard Group, Inc. - Vanguard U.S. Value Factor 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

WLDR is a Global Equities ETF. The Thomson Reuters StarMine Affinity World Leaders Equity ETF ("the Fund") seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the TRSAWL Index or the Index ). The Fund seeks to passively replicate the TRSAWL Index. The TRSAWL Index consists of equity securities issued and traded in the US as well as international countries. The TRSAWL Index is expected to consist of approximately 150 to 250 stocks in at least 3 countries, but may span more than 20 countries. The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the Fund s benchmark index. The Fund may also invest in American Depositary Receipts ( ADRs ) and Global Depositary Receipts ( GDRs ) (collectively Depositary Receipts ) based on the securities in the TRSAWL Index. The index is comprised of U.S. and international companies which are characterized by strong global footprint, rank high on measures of earnings quality, demonstrate improving fundamentals, show stock price momentum, and trade at relatively attractive valuations.

WLDR tracks the Thomson Reuters StarMine Affinity World Leaders Index.

No, WLDR 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, WLDR 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 WLDR is -0.0519%. This is the percent change in the value of WLDR over the most recent 1-month period. The 3-month return on WLDR is 0.0036%. This is the percent change in the value of WLDR over the most recent 3-month period.

The standard deviation of WLDR for the past year is 0.2124%. 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 WLDR include DGS, IDV, and DXJ.

ETFs correlated to WLDR include VLU, FEX, and FNDB.

ETFs that are inversely correlated to WLDR include SKF, SPDN, and SH.

Disclaimers

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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.