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ETFs

Congress SMid Growth ETF

CSMD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 21 2023
Expense Ratio
0.69%
Type
US Equities
Fund Owner
Congress AMC
Volume (1m avg. daily)
$4,630
AUM
$1,207,450
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
5.14%
FIX
Comfort Systems USA, Inc.
4.23%
ELF
e.l.f. Beauty Inc
3.88%
SPSC
SPS Commerce Inc.
3.73%
MEDP
Medpace Holdings Inc
3.62%
BJ
BJ`s Wholesale Club Holdings Inc
2.87%
CDW
CDW Corp
2.81%
VMI
Valmont Industries, Inc.
2.77%
PTC
PTC Inc
2.74%
TSCO
Tractor Supply Co.
2.72%
Invest with CSMD

What is CSMD?

The Fund is an actively-managed ETF. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small and mid-capitalization companies ("SMid-capitalization companies"). The Fund defines SMid-capitalization companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 2500 Growth Index. The Fund invests in companies that we believe are experiencing or will experience earnings growth. It employs a "bottom-up" approach to research and stock selection, emphasizing a company's fundamentals and prospects instead of timing significant economic or market cycles. The growth-style approach focuses on companies with established profitability, a history of earnings growth, positive free cash flow, and prudent use of debt and leverage.

ETFs related toCSMD

ETFs correlated to CSMD include IMCG, IWP, VOT

CSMD
Professionally Managed Portfolios - Congress SMid Growth ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
IWP
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth ETF
VOT
Vanguard Group, Inc. - Vanguard Mid-Cap Growth ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
TPLC
Timothy Plan - Timothy Plan US Large/Mid Cap Core ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
PDP
Invesco Capital Management LLC - Invesco Dorsey Wright Momentum ETF
VFMO
Vanguard Group, Inc. - Vanguard U.S. Momentum Factor ETF
FIW
First Trust Exchange-Traded Fund III - First Trust Water 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 toCSMD

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with CSMD using Composer

FAQ

CSMD is a US Equities ETF. The Fund is an actively-managed ETF. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small and mid-capitalization companies ("SMid-capitalization companies"). The Fund defines SMid-capitalization companies as those whose market capitalization, at the time of purchase, are consistent with the market capitalizations of companies in the Russell 2500 Growth Index. The Fund invests in companies that we believe are experiencing or will experience earnings growth. It employs a "bottom-up" approach to research and stock selection, emphasizing a company's fundamentals and prospects instead of timing significant economic or market cycles. The growth-style approach focuses on companies with established profitability, a history of earnings growth, positive free cash flow, and prudent use of debt and leverage.

Yes, CSMD 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, CSMD 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 CSMD is -0.0293%. This is the percent change in the value of CSMD over the most recent 1-month period. The 3-month return on CSMD is %. This is the percent change in the value of CSMD over the most recent 3-month period.

ETFs similar to CSMD include VIG, VYM, and DFAS.

ETFs correlated to CSMD include IMCG, IWP, and VOT.

ETFs that are inversely correlated to CSMD include SH, SPXS, and HIBS.

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.