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ETFs

Cambria Global Asset Allocation ETF

GAA
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 09 2014
Expense Ratio
0.41%
Type
Global Diversified
Fund Owner
Cambria Funds
Volume (1m avg. daily)
$94,333
AUM
$49,005,971
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

EYLD
Cambria Investment Management LP - Cambria Emerging Shareholder Yield ETF
9.54%
CMDA
CAMBRIA ETF TR SHSHLD YIELD ETF
8.14%
1PP1
INVESCO ACTVELY MNGD ETC FD TR OPTIMUM YIELD
7.06%
BND.NAS.GBP
Vanguard Total Bond Market ETF
6.65%
BLDG
Cambria Investment Management LP - Cambria Global Real Estate ETF
6.57%
EMLC
VANECK ETF TRUST JP MRGAN EM LOC
6.22%
0YDK
CAMBRIA ETF TR GLOBAL VALUE ETF
5.69%
025L
VANGUARD CHARLOTTE FDS TOTAL INT BD ETF
5.11%
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
4.59%
VAMO
Cambria Investment Management LP - Cambria ETF Trust Cambria Value and Momentum ETF
4.33%
Invest with GAA

What is GAA?

The Cambria Global Asset Allocation ETF (NYSE: GAA) utilizes a quantitative approach to manage a diversified portfolio of global asset classes. The Cambria Global Asset Allocation ETF uses a buy and hold strategy that aims to reflect the market portfolio of investable assets. The Cambria Global Asset Allocation ETF targets investing in approximately 29 ETFs that reflect the global universe of assets consisting of domestic and foreign stocks, bonds, real estate, commodities and currencies.

ETFs related toGAA

ETFs correlated to GAA include IMTM, FYLD, VSS

GAA
Cambria Investment Management LP - Cambria Global Asset Allocation ETF
IMTM
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Momentum Factor ET
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
DISV
Dimensional ETF Trust - Dimensional International Small Cap Value ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
MFDX
Pimco Equity Series - PIMCO RAFI Dynamic Multi-Factor International Equity ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company 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.

FAQ

GAA is a Global Diversified ETF. The Cambria Global Asset Allocation ETF (NYSE: GAA) utilizes a quantitative approach to manage a diversified portfolio of global asset classes. The Cambria Global Asset Allocation ETF uses a buy and hold strategy that aims to reflect the market portfolio of investable assets. The Cambria Global Asset Allocation ETF targets investing in approximately 29 ETFs that reflect the global universe of assets consisting of domestic and foreign stocks, bonds, real estate, commodities and currencies.

Yes, GAA 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, GAA 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 GAA is -0.008%. This is the percent change in the value of GAA over the most recent 1-month period. The 3-month return on GAA is -0.002%. This is the percent change in the value of GAA over the most recent 3-month period.

The standard deviation of GAA for the past year is 0.1345%. 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 GAA include AOR, DRSK, and FPEI.

ETFs correlated to GAA include IMTM, FYLD, and VSS.

ETFs that are inversely correlated to GAA include EFZ, EPV, and EDZ.

Disclaimers

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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.