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ETFs

Jacob Forward ETF

JFWD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 13 2021
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Jacob Funds
Volume (1m avg. daily)
$8,366
AUM
$2,488,431
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

DKNG
DraftKings Inc. - Ordinary Shares - Class A
6.57%
NET
Cloudflare Inc - Ordinary Shares - Class A
6.37%
ATEC
Alphatec Holdings Inc
5.33%
HROW
Harrow Health Inc
5.16%
INSE
Inspired Entertainment Inc
4.73%
TWLO
Twilio Inc - Ordinary Shares Class A
4.68%
MDB
MongoDB Inc - Ordinary Shares - Class A
4.12%
KRYS
Krystal Biotech Inc
4.00%
DOCS
Doximity Inc - Ordinary Shares - Class A
3.77%
IDYA
Ideaya Biosciences Inc
3.74%
Invest with JFWD

What is JFWD?

The Fund seeks to provide above-average investment returns from a broad group of companies, including many in their early stages of development. Further, the Fund seeks strong, forward-looking management teams that can leverage innovative technology to obtain sustainable competitive advantages and generate superior rates of growth.

ETFs related toJFWD

ETFs correlated to JFWD include ARKK, TARK, IPO

JFWD
Jacob Funds Inc - Jacob Forward ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
TARK
Investment Managers Series Trust II - AXS 2X Innovation ETF
IPO
Renaissance Capital Greenwich Funds - Renaissance IPO ETF
ARKF
ARK ETF Trust - ARK Fintech Innovation ETF
ARKW
ARK Investment Management LLC - ARK Next Generation Internet ETF
WCLD
WisdomTree Trust - WisdomTree Cloud Computing Fund
XSW
SPDR Series Trust - SPDR S&P Software & Services ETF
ARKG
ARK Investment Management LLC - ARK Genomic Revolution ETF
CLOU
Global X Funds - Global X Cloud Computing ETF
IBUY
Amplify ETF Trust - Amplify Online Retail 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

JFWD is a Global Equities ETF. The Fund seeks to provide above-average investment returns from a broad group of companies, including many in their early stages of development. Further, the Fund seeks strong, forward-looking management teams that can leverage innovative technology to obtain sustainable competitive advantages and generate superior rates of growth.

Yes, JFWD 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, JFWD 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 JFWD is -0.0865%. This is the percent change in the value of JFWD over the most recent 1-month period. The 3-month return on JFWD is -0.1457%. This is the percent change in the value of JFWD over the most recent 3-month period.

The standard deviation of JFWD for the past year is 0.3862%. 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 JFWD include PBW, IGF, and EFG.

ETFs correlated to JFWD include ARKK, TARK, and IPO.

ETFs that are inversely correlated to JFWD include SARK, WEBS, and HDGE.

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.