The Acquirers Fund
Top 10 Holdings
What is ZIG?
The Fund is an actively managed exchange-traded fund ( ETF ) and seeks to achieve its investment objective by investing in equity securities of U.S.-listed companies that Acquirers Funds, LLC, the Funds investment adviser ( Acquirers or the Adviser ), believes to be undervalued, but fundamentally strong. The Adviser typically selects approximately 30 stocks from the largest 25% of all stocks (equivalent to a market capitalization greater than approximately $2 billion). The Adviser identifies potentially undervalued stocks by using The Acquirer s Multiple, which is a valuation metric developed and published in 2014 by Tobias Carlisle, Managing Member of Acquirers. The initial universe of stocks is then valued holistically assets, earnings, and cash flows are examined to understand the economic reality of each stock. Each stock is then ranked on the basis of such valuation.
ETFs related toZIG
ETFs correlated to ZIG include GRPM, VFQY, MIDU
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.
Pick the Trending Asset Class
Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum
Emerging Markets with a Bond Hedge
Momentum, Be Risk Aware, Diversification
Create your own algorithmic trading strategy with ZIG using Composer
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.