Snapshot*
Top 10 Holdings
What is AFTY?
The Fund seeks to provide investment results that, before fees and expenses, track the performance of the FTSE China A50 (CNHUSD) Net Total Return Index (the Index ). The Benchmark Index is the FTSE China A50 (CNHUSD) Net Total Return Index, a free float-adjusted market capitalization-weighted index compiled and published by FTSE International Limited. The adviser and the Fund are independent of the Index. The Index is a real-time, tradable index comprising the largest 50 China AShare companies by full market capitalization of the FTSE China A All-Share Index. The Index is a subset of the FTSE China A 200 Index. It is denominated and quoted in Renminbi ( RMB ) and comprised of stocks listed on the Shanghai Stock Exchange or the Shenzhen Stock Exchange.
ETFs related toAFTY
ETFs correlated to AFTY include KBA, ASHR, CHAU
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 toAFTY
Follow the Global Trend
Copy the Dragon Portfolio
Create your own algorithmic trading strategy with AFTY using Composer
FAQ
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.