Snapshot*
Top 10 Holdings
What is IPDP?
The Fund's adviser, Innovative Portfolios, LLC, invests the Fund's assets in companies that have a ten year history of paying dividends, appear to have the ability to continue to pay dividends, have a history of increasing their dividends, and meet certain risk standards. The Adviser will generally sell a security if the security is no longer expected to meet the Adviser's dividend or growth expectations or if the risk characteristics place the equity in higher risk deciles.
ETFs related toIPDP
ETFs correlated to IPDP include QUS, JHML, DSTL
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 toIPDP
Rotating Bonds
Smarter Dividends
Create your own algorithmic trading strategy with IPDP using Composer
News Related to IPDP
The SPY Slides Ahead Of Big-Tech Earnings Week: This ETF Offers A Diversified Approach To Large-Cap Dividend-Paying Stocks
Oct 23, 2023 • by Melanie Schaffer
Warren Buffett's Billion-Dollar Dividend Duo: Apple and Coca-Cola Account For Over $1.6 Billion A Year In Income For Berkshire Hathaway
Oct 20, 2023 • by Johnny Rice
FAQ
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.