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ETFs

LeaderShares Activist Leaders ETF

ACTV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 26 2020
Expense Ratio
0.75%
Type
US Equities
Fund Owner
LeaderShares
Volume (1m avg. daily)
$496,211
AUM
$97,313,750
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Conduent Inc
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JHG
Janus Henderson Group plc
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THS
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3.21%
Invest with ACTV

What is ACTV?

The LeaderShares Activist Leaders ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund ( ETF ) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as "13D" filings that are submitted with the Securities and Exchange Commission ( SEC ). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires, with an activist intent, more than 5% of a companys shares to file a form with the SEC known as a Schedule 13D that discloses the investors identity and the investors purpose in acquiring those shares.

ETFs related toACTV

ETFs correlated to ACTV include SMMD, VB, ESML

ACTV
Two Roads Shared Trust - LeaderShares Activist Leaders ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
SMOT
VanEck ETF Trust - VanEck Morningstar SMID Moat ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index 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 toACTV

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with ACTV using Composer

FAQ

ACTV is a US Equities ETF. The LeaderShares Activist Leaders ETF seeks to generate long-term capital growth. The Fund is an actively managed exchange-traded fund ( ETF ) that employs an investment approach that focuses on equity securities that are the target of shareholder activism. These equity securities are identified using a proprietary quantitative methodology built on the foundation of tracking legally mandated filings known as "13D" filings that are submitted with the Securities and Exchange Commission ( SEC ). Rules adopted under the Securities Exchange Act of 1934 require a shareholder that acquires, with an activist intent, more than 5% of a companys shares to file a form with the SEC known as a Schedule 13D that discloses the investors identity and the investors purpose in acquiring those shares.

Yes, ACTV 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, ACTV 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 ACTV is -0.0227%. This is the percent change in the value of ACTV over the most recent 1-month period. The 3-month return on ACTV is 0.0019%. This is the percent change in the value of ACTV over the most recent 3-month period.

The standard deviation of ACTV for the past year is 0.2133%. 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 ACTV include SPHQ, DSI, and QUAL.

ETFs correlated to ACTV include SMMD, VB, and ESML.

ETFs that are inversely correlated to ACTV include TZA, TWM, and SRTY.

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.