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ETFs

Kelly Strategic ETF Trust Kelly CRISPR & Gene Editing Technology ETF

XDNA
$--
Today’s Change
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Snapshot
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Inception Date
Jan 12 2022
Expense Ratio
0.78%
Type
Global Ex. US Equities
Fund Owner
Kelly ETFs
Volume (1m avg. daily)
$18,846
AUM
$2,157,850
Associated Index
Strategic CRISPR & Gene Editing Technology Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

TMO
Thermo Fisher Scientific Inc.
12.09%
NTLA
Intellia Therapeutics Inc
10.96%
CRSP
CRISPR Therapeutics AG
10.36%
BEAM
Beam Therapeutics Inc
8.93%
ABBV
Abbvie Inc
5.47%
EDIT
Editas Medicine Inc
4.37%
ALLO
Allogene Therapeutics Inc
4.24%
VERV
Verve Therapeutics Inc
4.02%
PRME
Prime Medicine Inc
3.76%
CRBU
Caribou Biosciences Inc
3.76%
Invest with XDNA

What is XDNA?

Kelly CRISPR & Gene Editing Technology ETF seeks to provide total return by investing in a passively managed, concentrated portfolio of companies that engage in CRISPR & gene editing technology activities. XDNA measures the performance of companies that specialize in CRISPR & DNA modification systems, and technologies, for variety of applications including basic biological research, development of biotechnological products, and treatment of diseases as well as next-generation sequencing that may be used at various stages of a genome editing workflow.

ETFs related toXDNA

ETFs correlated to XDNA include ARKG, XBI, LABU

XDNA
Kelly Strategic ETF Trust - Kelly CRISPR & Gene Editing Technology ETF
ARKG
ARK Investment Management LLC - ARK Genomic Revolution ETF
XBI
SPDR Series Trust - SPDR Biotech ETF
LABU
Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X Shares
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
IBB
BlackRock Institutional Trust Company N.A. - iShares Biotechnology ETF
BIB
ProShares Trust - ProShares Ultra Nasdaq Biotechnology 2X Shares
FBT
First Trust Exchange-Traded Fund III - First Trust NYSE Arca Biotechnology Index Fund
PSCH
Invesco Capital Management LLC - Invesco S&P SmallCap Health Care ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth 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 toXDNA

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with XDNA using Composer

FAQ

XDNA is a Global Ex. US Equities ETF. Kelly CRISPR & Gene Editing Technology ETF seeks to provide total return by investing in a passively managed, concentrated portfolio of companies that engage in CRISPR & gene editing technology activities. XDNA measures the performance of companies that specialize in CRISPR & DNA modification systems, and technologies, for variety of applications including basic biological research, development of biotechnological products, and treatment of diseases as well as next-generation sequencing that may be used at various stages of a genome editing workflow.

XDNA tracks the Strategic CRISPR & Gene Editing Technology Index.

No, XDNA 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, XDNA 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 XDNA is -0.1649%. This is the percent change in the value of XDNA over the most recent 1-month period. The 3-month return on XDNA is -0.1409%. This is the percent change in the value of XDNA over the most recent 3-month period.

The standard deviation of XDNA for the past year is 0.4933%. 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 XDNA include IXN, IXC, and GDXJ.

ETFs correlated to XDNA include ARKG, XBI, and LABU.

ETFs that are inversely correlated to XDNA include LABD, SARK, and HDGE.

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.