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ETFs

HCM Defender 500 Index ETF

LGH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 10 2019
Expense Ratio
1.01%
Type
US Equities
Fund Owner
Howard Capital Management
Volume (1m avg. daily)
$877,586
AUM
$284,861,500
Associated Index
HCM Defender 500 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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Amazon.com Inc.
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META
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Invest with LGH

What is LGH?

The Fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 Index. The HCM 500 Index seeks to outperform the S&P 500 Index using a proprietary methodology. The S&P 500 Index is comprised of common stocks issued by 500 large-capitalization companies traded on American stock exchanges. The HCM 500 Index alternates exposure between a full equity position, a 50/50 equity/1-3-month Treasury instruments (including ETFs, mutual funds or derivatives), or a full 1-3-month Treasury instruments position. The Fund may gain exposure to securities included in the HCM 500 Index indirectly through investments in derivatives and other investment companies.

ETFs related toLGH

ETFs correlated to LGH include GAUG, GJUL, AUGW

LGH
Northern Lights Fund Trust III - HCM Defender 500 Index ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
QQH
Northern Lights Fund Trust III - HCM Defender 100 Index ETF
UAUG
Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - August
USEP
Innovator ETFs Trust - Innovator U.S. Equity Ultra Buffer ETF - September

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

LGH is a US Equities ETF. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets, including borrowings for investment purposes but exclusive of collateral held from securities lending, in securities included in the HCM 500 Index. The HCM 500 Index seeks to outperform the S&P 500 Index using a proprietary methodology. The S&P 500 Index is comprised of common stocks issued by 500 large-capitalization companies traded on American stock exchanges. The HCM 500 Index alternates exposure between a full equity position, a 50/50 equity/1-3-month Treasury instruments (including ETFs, mutual funds or derivatives), or a full 1-3-month Treasury instruments position. The Fund may gain exposure to securities included in the HCM 500 Index indirectly through investments in derivatives and other investment companies.

LGH tracks the HCM Defender 500 Index.

No, LGH 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, LGH 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 LGH is -0.0115%. This is the percent change in the value of LGH over the most recent 1-month period. The 3-month return on LGH is 0.0021%. This is the percent change in the value of LGH over the most recent 3-month period.

The standard deviation of LGH for the past year is 0.1466%. 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 LGH include PKW, VIXY, and XYLD.

ETFs correlated to LGH include GAUG, GJUL, and AUGW.

ETFs that are inversely correlated to LGH include SPDN, SDS, and SPXS.

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.