Snapshot*
Top 10 Holdings
What is BFTR?
BlackRock Future Innovators ETF will invest at least 80% of its net assets plus any borrowings for investment purposes in equity securities issued by mid-and small-capitalization companies that BFA believes have above-average earnings growth potential. In selecting investments for the Fund, BFA focuses on equity securities of small- and mid-capitalization growth companies that are innovative. These are companies that have introduced, or are seeking to introduce, a new productor service that potentially changes the market place. In evaluating innovative companies, BFA seeks to identify, using its own internal research and analysis,companies capitalizing on innovation or that are enabling the further development of the theme of innovation in the markets in which they operate.
ETFs related toBFTR
ETFs correlated to BFTR include IWP, VOT, NUMG
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 toBFTR
Follow the Global Trend
Create your own algorithmic trading strategy with BFTR 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.