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ETFs

SPDR SSgA Income Allocation ETF of SSgA Active Trust

INKM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 25 2012
Expense Ratio
0.50%
Type
Global Diversified
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$152,689
AUM
$69,183,743
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SPTL
SSgA Active Trust - SPDR Portfolio Long Term Treasury ETF
12.85%
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
12.20%
EBND
SPDR Series Trust - SPDR Bloomberg Emerging Markets Local Bond ETF
12.18%
SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
10.26%
SCHD
Schwab Strategic Trust - Schwab US Dividend Equity ETF
8.68%
SPYD
SPDR Series Trust - SPDR Portfolio S&P 500 High Dividend ETF
8.67%
GII
SSgA Active Trust - SPDR S&P Global Infrastructure ETF
8.17%
PSK
SPDR Series Trust - SPDR ICE Preferred Securities ETF
6.17%
CWB
SPDR Series Trust - SPDR Bloomberg Convertible Securities ETF
5.02%
DWX
SSgA Active Trust - SPDR S&P International Dividend ETF
4.52%
Invest with INKM

What is INKM?

The SPDR SSgA Income Allocation ETF seeks to provide total return by focusing on investment in income and yield-generating assets. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services. The Portfolio is actively managed.

ETFs related toINKM

ETFs correlated to INKM include AOM, AOA, AOK

INKM
SSgA Active Trust - SPDR SSgA Income Allocation ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
NFRA
FlexShares Trust - FlexShares STOXX Global Broad Infrastructure Index Fund
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
HNDL
Strategy Shares - Nasdaq 7HANDL Index ETF 1.23x Shares
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
IGF
BlackRock Institutional Trust Company N.A. - iShares Global Infrastructure ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond 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 toINKM

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with INKM using Composer

FAQ

INKM is a Global Diversified ETF. The SPDR SSgA Income Allocation ETF seeks to provide total return by focusing on investment in income and yield-generating assets. The Fund invests in exchange traded funds registered under the Investment Company Act of 1940, as amended, that seek to track the performance of a market index; exchange traded commodity trusts; and exchange traded notes. The Portfolio may invest in certain ETPs that pay fees to the Adviser and its affiliates for management, marketing or other services. The Portfolio is actively managed.

Yes, INKM 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, INKM 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 INKM is -0.0129%. This is the percent change in the value of INKM over the most recent 1-month period. The 3-month return on INKM is -0.0198%. This is the percent change in the value of INKM over the most recent 3-month period.

The standard deviation of INKM for the past year is 0.105%. 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 INKM include DRSK, FPEI, and GAL.

ETFs correlated to INKM include AOM, AOA, and AOK.

ETFs that are inversely correlated to INKM include SJB, EFZ, and EPV.

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.