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ETFs

Zacks Earnings Consistent Portfolio ETF

ZECP
$--
Today’s Change
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Snapshot
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Inception Date
Aug 24 2021
Expense Ratio
0.55%
Type
US Equities
Fund Owner
Zacks
Volume (1m avg. daily)
$192,840
AUM
$64,810,680
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.76%
MSFT
Microsoft Corporation
6.07%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.81%
UNH
Unitedhealth Group Inc
3.42%
PG
Procter & Gamble Co.
3.34%
SNPS
Synopsys, Inc.
2.70%
HD
Home Depot, Inc.
2.61%
CAT
Caterpillar Inc.
2.52%
PEP
PepsiCo Inc
2.41%
MMC
Marsh & McLennan Cos., Inc.
2.41%
Invest with ZECP

What is ZECP?

The Fund pursues its investment objective by constructing a portfolio of companies that exhibit a track record of moving through recessionary periods with little to minimal impact on aggregate earnings growth relative to the overall equity market. The Fund s portfolio is composed of 50-120 U.S. exchange-listed companies with the highest stability in their historic and forecasted earnings per share ( EPS ). Historic EPS stability is determined by evaluating the variability of the company s EPS over the past 20 years. Forecasted EPS stability is determined by evaluating the forecasted variability of the company s earnings over the next 3 years. Those companies with the least variability are selected for the Fund s portfolio. These quantitative screens are combined with the qualitative judgment of the portfolio manager based on an analysis of financial statement filing consistency, profitability, and earnings stability in recessionary periods. The Advisor selects the Fund s portfolio securities from a universe of the top 250 equity securities listed in the U.S. equity market that are not in the Financial, Energy, Utility, Precious Metal, and Commodity sectors, plus the top 150 equity securities in the Industrials sector, which may be a combination of large, mid, and small capitalization companies. The Advisor then selects 200 companies based on the qualitative judgment of the portfolio manager described above. The 50-120 companies with the highest historic and forecasted EPS stability are then selected for the Fund s portfolio.

ETFs related toZECP

ETFs correlated to ZECP include QUS, VIG, FDLO

ZECP
Zacks Trust - Zacks Earnings Consistent Portfolio ETF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
FDLO
Fidelity Covington Trust - Fidelity Low Volatility Factor ETF
TDVG
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Dividend Growth ETF
OUSA
OSI ETF Trust - ALPS O'Shares U.S. Quality Dividend ETF
DGRW
WisdomTree Trust - WisdomTree U.S. Quality Dividend Growth Fund
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 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 toZECP

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#BUFF

Copy Warren Buffett

Category

Classic, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ZECP using Composer

FAQ

ZECP is a US Equities ETF. The Fund pursues its investment objective by constructing a portfolio of companies that exhibit a track record of moving through recessionary periods with little to minimal impact on aggregate earnings growth relative to the overall equity market. The Fund s portfolio is composed of 50-120 U.S. exchange-listed companies with the highest stability in their historic and forecasted earnings per share ( EPS ). Historic EPS stability is determined by evaluating the variability of the company s EPS over the past 20 years. Forecasted EPS stability is determined by evaluating the forecasted variability of the company s earnings over the next 3 years. Those companies with the least variability are selected for the Fund s portfolio. These quantitative screens are combined with the qualitative judgment of the portfolio manager based on an analysis of financial statement filing consistency, profitability, and earnings stability in recessionary periods. The Advisor selects the Fund s portfolio securities from a universe of the top 250 equity securities listed in the U.S. equity market that are not in the Financial, Energy, Utility, Precious Metal, and Commodity sectors, plus the top 150 equity securities in the Industrials sector, which may be a combination of large, mid, and small capitalization companies. The Advisor then selects 200 companies based on the qualitative judgment of the portfolio manager described above. The 50-120 companies with the highest historic and forecasted EPS stability are then selected for the Fund s portfolio.

Yes, ZECP 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, ZECP 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 ZECP is -0.005%. This is the percent change in the value of ZECP over the most recent 1-month period. The 3-month return on ZECP is 0.0011%. This is the percent change in the value of ZECP over the most recent 3-month period.

The standard deviation of ZECP for the past year is 0.1512%. 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 ZECP include VYM, DFAS, and DFAT.

ETFs correlated to ZECP include QUS, VIG, and FDLO.

ETFs that are inversely correlated to ZECP include SH, SPXS, and SDS.

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.