WealthTrust DBS Long Term Growth ETF
Top 10 Holdings
What is WLTG?
The Fund intends to operate as a diversified fund and its portfolio will be allocated between two WealthTrust DBS sleeves the DBS Core sleeve (approximately 75% of the Fund s portfolio) is invested in primarily individual equities and ADRs using quantitative methodology. The DBS Tactical Edge sleeve (approximately 25% of the Fund s portfolio) is invested in passive ETF s using an Intellectual Allocation machine driven Trend Analysis Program. These allocations may vary based on the Adviser s overall perception of the market. The term sleeve is simply used to reference the portion of the Fund s portfolio that will be allocated to the types of investments described herein for the applicable sleeve.
ETFs related toWLTG
ETFs correlated to WLTG include SPGM, TILT, AVUS
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.