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ETFs

iShares Exponential Technologies ETF

XT
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Mar 19 2015
Expense Ratio
0.46%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$5,839,566
AUM
—
Associated Index
Morningstar Exponential Technologies Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

META
Meta Platforms Inc - Ordinary Shares - Class A
0.87%
NVDA
NVIDIA Corp
0.81%
COIN
Coinbase Global Inc - Ordinary Shares - Class A
0.74%
HUBS
HubSpot Inc
0.72%
CRM
Salesforce Inc
0.72%
ASM
ASM INTERNATIONAL NV
0.69%
EXAS
Exact Sciences Corp.
0.69%
STMPA
STMICROELECTRONICS NV
0.67%
MKTX
MarketAxess Holdings Inc.
0.67%
TWLO
Twilio Inc - Ordinary Shares Class A
0.66%
Invest with XT

What is XT?

The iShares Exponential Technologies ETF seeks to track the investment results of an index composed of developed and emerging market companies that create or use exponential technologies.

ETFs related toXT

ETFs correlated to XT include QQEW, QQQE, HIBL

XT
BlackRock Institutional Trust Company N.A. - iShares Exponential Technologies ETF
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
FXL
First Trust Exchange-Traded Fund III - First Trust Technology AlphaDEX Fund
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
CGGR
Capital Group Companies Inc - Capital Group Growth ETF
CACG
Legg Mason ETF Investment Trust - ClearBridge All Cap Growth ESG 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

XT is a Global Equities ETF. The iShares Exponential Technologies ETF seeks to track the investment results of an index composed of developed and emerging market companies that create or use exponential technologies.

XT tracks the Morningstar Exponential Technologies Index.

No, XT 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, XT 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 XT is 0.0295%. This is the percent change in the value of XT over the most recent 1-month period. The 3-month return on XT is 0.1057%. This is the percent change in the value of XT over the most recent 3-month period.

The standard deviation of XT for the past year is 0.2749%. 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 XT include IGF, PBW, and EFG.

ETFs correlated to XT include QQEW, QQQE, and HIBL.

ETFs that are inversely correlated to XT include HIBS, SQQQ, and QID.

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.