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ETFs

Subversive Food Security ETF

KCAL
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Dec 22 2022
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Subversive ETFs
Volume (1m avg. daily)
$1,060
AUM
$541,180
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SQQQ
ProShares Trust - ProShares UltraPro Short QQQ -3x Shares
8.43%
CF
CF Industries Holdings Inc
5.51%
IPI
Intrepid Potash Inc
5.13%
NTR
Nutrien Ltd
4.87%
2109
Mitsui DM Sugar Holdings Co.Ltd.
4.80%
BCPC
Balchem Corp.
4.70%
SALM
Salmar Asa
4.62%
OCE
Oceana Group Ltd
4.59%
GSF
Grieg Seafood
4.55%
BG
Bunge Ltd.
4.53%
Invest with KCAL

What is KCAL?

The Subversive Food Security ETF is an actively managed exchange-traded fund that seeks to achieve its investment objective of long-term capital appreciation by investing in a portfolio of publicly-listed equity securities of companies that intersect the production, distribution, or delivery of food, or companies that invest in technology and tools necessary to support the global food security. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of Food Security Companies. Securities eligible for inclusion in the Fund's investable universe include publicly listed equity securities of U.S. and foreign (including emerging markets) issuers.

ETFs related toKCAL

ETFs correlated to KCAL include MOO, VEGI, VAW

KCAL
Series Portfolios Trust - Subversive Food Security ETF
MOO
VanEck ETF Trust - VanEck Agribusiness ETF
VEGI
BlackRock Institutional Trust Company N.A. - iShares MSCI Agriculture Producers ETF
VAW
Vanguard Group, Inc. - Vanguard Materials ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
FXZ
First Trust Exchange-Traded Fund III - First Trust Materials AlphaDEX Fund
XLB
SSgA Active Trust - Materials Select Sector SPDR
XMMO
Invesco Capital Management LLC - Invesco S&P MidCap Momentum ETF
SYLD
Cambria Investment Management LP - Cambria Shareholder Yield ETF
FV
First Trust Exchange-Traded Fund III - First Trust Dorsey Wright Focus 5 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 toKCAL

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with KCAL using Composer

FAQ

KCAL is a Global Equities ETF. The Subversive Food Security ETF is an actively managed exchange-traded fund that seeks to achieve its investment objective of long-term capital appreciation by investing in a portfolio of publicly-listed equity securities of companies that intersect the production, distribution, or delivery of food, or companies that invest in technology and tools necessary to support the global food security. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in securities of Food Security Companies. Securities eligible for inclusion in the Fund's investable universe include publicly listed equity securities of U.S. and foreign (including emerging markets) issuers.

Yes, KCAL 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, KCAL 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 KCAL is -0.0323%. This is the percent change in the value of KCAL over the most recent 1-month period. The 3-month return on KCAL is -0.0731%. This is the percent change in the value of KCAL over the most recent 3-month period.

ETFs similar to KCAL include PBW, IGF, and ARKK.

ETFs correlated to KCAL include MOO, VEGI, and VAW.

ETFs that are inversely correlated to KCAL include RWM, TZA, and SRTY.

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.