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ETFs

Tema Luxury ETF

LUX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 11 2023
Expense Ratio
0.75%
Type
Global Equities
Fund Owner
Tema
Volume (1m avg. daily)
$80,194
AUM
$7,368,702
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
19.10%
OR
L`Oreal
8.93%
MC
Lvmh Moet Hennessy Vuitton SE
8.38%
CFR
Compagnie financiere Richemont SA - Registered Shares - Class A
7.22%
RMS
Hermes International
6.50%
RI
Pernod Ricard
4.09%
MBG
Mercedes-Benz Group AG
3.88%
MAR
Marriott International, Inc. - Ordinary Shares - Class A
3.66%
SL
Sanlorenzo S.p.a.
3.36%
HLT
Hilton Worldwide Holdings Inc
3.17%
Invest with LUX

What is LUX?

The actively managed Tema Luxury ETF seeks to provide long-term growth by investing in companies operating in the luxury industry. These companies typically have dominant growing brands with aspirational timeless qualities leading to resilient business fundamentals. The universe of luxury spans fashion items, accessories, automobiles, hospitality and beauty.

ETFs related toLUX

ETFs correlated to LUX include EWQ, FEZ, DNL

LUX
Tema ETF Trust - Tema Luxury ETF
EWQ
BlackRock Institutional Trust Company N.A. - iShares MSCI France ETF
FEZ
SSgA Active Trust - SPDR EURO Stoxx 50 ETF
DNL
WisdomTree Trust - WisdomTree Global ex-U.S. Quality Dividend Growth Fund
IQDG
WisdomTree Trust - WisdomTree International Quality Dividend Growth Fund
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
EFG
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Growth ETF
IQLT
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Quality Factor ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe 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 toLUX

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with LUX using Composer

FAQ

LUX is a Global Equities ETF. The actively managed Tema Luxury ETF seeks to provide long-term growth by investing in companies operating in the luxury industry. These companies typically have dominant growing brands with aspirational timeless qualities leading to resilient business fundamentals. The universe of luxury spans fashion items, accessories, automobiles, hospitality and beauty.

Yes, LUX 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, LUX 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 LUX is -0.065%. This is the percent change in the value of LUX over the most recent 1-month period. The 3-month return on LUX is -0.1056%. This is the percent change in the value of LUX over the most recent 3-month period.

ETFs similar to LUX include IXJ, SMH, and URA.

ETFs correlated to LUX include EWQ, FEZ, and DNL.

ETFs that are inversely correlated to LUX include EPV, EFZ, and EDZ.

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.