Snapshot*
Top 10 Holdings
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.
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ETFs related toZECP
ETFs correlated to ZECP include QUS, VIG, FDLO
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
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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.