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ETFs

Arrow Dow Jones Global Yield ETF

GYLD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 08 2012
Expense Ratio
0.75%
Type
Global Diversified
Fund Owner
ArrowShares
Volume (1m avg. daily)
$41,751
AUM
$21,717,750
Associated Index
Dow Jones Global Composite Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

GNL
Global Net Lease Inc
1.20%
SLG
SL Green Realty Corp.
1.09%
VNO
Vornado Realty Trust
1.00%
n/a
MEX 7 1/2 04/08/33
0.96%
PAGP
Plains GP Holdings LP - Ordinary Shares - Class A
0.90%
PAA
Plains All American Pipeline LP - Unit
0.89%
MMP
Magellan Midstream Partners L.P.
0.89%
CSH.UN
Chartwell Retirement Residences - Unit
0.88%
CQP
Cheniere Energy Partners LP - Unit
0.87%
n/a
REPHUN 7 5/8 03/29/41
0.87%
Invest with GYLD

What is GYLD?

The Arrow Dow Jones Global Yield ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the global bond market as defined by the Dow Jones Global Composite Yield Index

ETFs related toGYLD

ETFs correlated to GYLD include SDIV, FYLD, ICOW

GYLD
Arrow ETF Trust - Arrow Dow Jones Global Yield ETF
SDIV
Global X Funds - Global X SuperDividend ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. 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

GYLD is a Global Diversified ETF. The Arrow Dow Jones Global Yield ETF seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the global bond market as defined by the Dow Jones Global Composite Yield Index

GYLD tracks the Dow Jones Global Composite Yield Index.

No, GYLD is not actively managed. It is passively 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.

Yes, GYLD is passively 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 GYLD is -0.0146%. This is the percent change in the value of GYLD over the most recent 1-month period. The 3-month return on GYLD is 0.0155%. This is the percent change in the value of GYLD over the most recent 3-month period.

The standard deviation of GYLD for the past year is 0.1482%. 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 GYLD include AOR, DRSK, and FPEI.

ETFs correlated to GYLD include SDIV, FYLD, and ICOW.

ETFs that are inversely correlated to GYLD include EFZ, EPV, and SRTY.

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.