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ETFs

Acruence Active Hedge U.S. Equity ETF

XVOL
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 14, 2021
Expense Ratio
0.83%
Type
US Equities
Fund Owner
Acruence Capital
Volume (1m avg. daily)
$8,484
AUM
$22,564,695
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
Cash & Other
19.43%
OKE
Oneok Inc.
0.96%
WRK
WestRock Co
0.96%
FDX
Fedex Corp
0.96%
CF
CF Industries Holdings Inc
0.96%
ACGL
Arch Capital Group Ltd
0.96%
TXT
Textron Inc.
0.96%
ATVI
Activision Blizzard Inc
0.95%
AMGN
AMGEN Inc.
0.95%
MET
Metlife Inc
0.95%
Invest with XVOL
Trade XVOL Options

What is XVOL?

Acruence aims to achieve XVOL s objectives by investing nearly all of the ETF s assets in a portfolio replicating the constituents and weights of the S&P 500 Index, while working to reduce volatility by purchasing options contracts on the CBOE Volatility Index, also known as the VIX. Historically, the VIX Index has shown a strong inverse relationship with the S&P 500 Index. The firm uses a proprietary, volatility-based algorithm to determine the number of VIX options contracts to purchase, as well as the strike price(s) and expiration date(s) of the options.

1M
3M
6M
YTD
1Y
3Y
Max
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XVOL
Performance Measures**

for the time period Apr 22, 2021 to Jan 16, 2026

Returns

1M Trailing Return: 2.0%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 3.0%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -25.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.40

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.22

The annualized return divided by the max drawdown for the selected time period.

ETFs related toXVOL

ETFs correlated to XVOL include GJUN, XAUG, CVRD

XVOL
Tidal ETF Trust - Acruence Active Hedge U.S. Equity ETF
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
CVRD
Madison ETFs Trust - Madison Covered Call ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
ESGU
iShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap 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.

Trading Strategies
Related toXVOL

FOMO NOMO - Leveraged

Category

Leveraged momentum, tactical rotation, trend following, AI/semis/crypto/biotech, macro hedges, daily rebalance, high risk

OOS Cumulative Return

3.71%

simplified FOMO NOMO - Leverarged

Category

Daily momentum rotation, multi-asset ETFs, leveraged/inverse ETFs, defensive overlays, risk-on/off, tactical sector/theme

OOS Cumulative Return

2.1%

Create your own algorithmic trading strategy with XVOL using Composer

FAQ

XVOL is a US Equities ETF. Acruence aims to achieve XVOL s objectives by investing nearly all of the ETF s assets in a portfolio replicating the constituents and weights of the S&P 500 Index, while working to reduce volatility by purchasing options contracts on the CBOE Volatility Index, also known as the VIX. Historically, the VIX Index has shown a strong inverse relationship with the S&P 500 Index. The firm uses a proprietary, volatility-based algorithm to determine the number of VIX options contracts to purchase, as well as the strike price(s) and expiration date(s) of the options.

Yes, XVOL is actively 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.

No, XVOL is not passively managed. It is actively 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 XVOL is -0.0225%. This is the percent change in the value of XVOL over the most recent 1-month period. The 3-month return on XVOL is -0.0231%. This is the percent change in the value of XVOL over the most recent 3-month period.

The standard deviation of XVOL for the past year is 0.1767%. 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 XVOL include PKW, VIXY, and XYLD.

ETFs correlated to XVOL include GJUN, XAUG, and CVRD.

ETFs that are inversely correlated to XVOL include SPXU, SDS, and SPDN.

Disclaimers

*

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.