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Franklin Disruptive Commerce ETF

BUYZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 25 2020
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$10,303
AUM
$9,704,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

AMZN
Amazon.com Inc.
9.60%
SHOP
Shopify Inc - Ordinary Shares - Class A
5.91%
UBER
Uber Technologies Inc
5.77%
COST
Costco Wholesale Corp
5.24%
GWW
W.W. Grainger Inc.
4.68%
MELI
MercadoLibre Inc
4.44%
FAST
Fastenal Co.
4.30%
DASH
DoorDash Inc - Ordinary Shares - Class A
4.30%
BKNG
Booking Holdings Inc
3.91%
MA
Mastercard Incorporated - Ordinary Shares - Class A
3.87%
Invest with BUYZ

What is BUYZ?

The Fund invests at least 80% of its net assets in equity securities of companies that are relevant to the Fund s investment theme of disruptive commerce. The Fund invests predominantly in common stock. The Fund s investment theme of disruptive commerce are those that the investment manager believes are substantially focused on and/or are expected to substantially benefit from electronic commerce (or e-commerce ), auctions, the sharing economy, electronic payment capabilities ( e-payments ), drop shipping, direct marketing or significant decreases in transport and delivery costs, all of which provide the customer with a more customized, secure and time efficient buying process. These companies may include retailers, payment companies, logistics and delivery companies, software companies that focus on multi-channel capabilities, as well as companies utilizing innovative marketing methods. Developments relevant to the disruptive commerce theme can extend from benefits to the consumer to benefits for businesses and business commerce.

ETFs related toBUYZ

ETFs correlated to BUYZ include PNQI, LGRO, FDN

BUYZ
Franklin Templeton ETF Trust - Franklin Disruptive Commerce ETF
PNQI
Invesco Capital Management LLC - Invesco NASDAQ Internet ETF
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
WEBL
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares
IYC
BlackRock Institutional Trust Company N.A. - iShares U.S. Consumer Discretionary ETF
QQQE
Direxion Shares ETF Trust - Direxion NASDAQ-100 Equal Weighted Index Shares
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
QQEW
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Equal Weighted Index Fund
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August

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 toBUYZ

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with BUYZ using Composer

FAQ

BUYZ is a Global Equities ETF. The Fund invests at least 80% of its net assets in equity securities of companies that are relevant to the Fund s investment theme of disruptive commerce. The Fund invests predominantly in common stock. The Fund s investment theme of disruptive commerce are those that the investment manager believes are substantially focused on and/or are expected to substantially benefit from electronic commerce (or e-commerce ), auctions, the sharing economy, electronic payment capabilities ( e-payments ), drop shipping, direct marketing or significant decreases in transport and delivery costs, all of which provide the customer with a more customized, secure and time efficient buying process. These companies may include retailers, payment companies, logistics and delivery companies, software companies that focus on multi-channel capabilities, as well as companies utilizing innovative marketing methods. Developments relevant to the disruptive commerce theme can extend from benefits to the consumer to benefits for businesses and business commerce.

Yes, BUYZ 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, BUYZ 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 BUYZ is -0.009%. This is the percent change in the value of BUYZ over the most recent 1-month period. The 3-month return on BUYZ is -0.0398%. This is the percent change in the value of BUYZ over the most recent 3-month period.

The standard deviation of BUYZ for the past year is 0.2572%. 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 BUYZ include IXJ, SMH, and URA.

ETFs correlated to BUYZ include PNQI, LGRO, and FDN.

ETFs that are inversely correlated to BUYZ include WEBS, HIBS, and QID.

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.