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ETFs

SmartETFs Smart Transportation & Technology ETF

MOTO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 15 2019
Expense Ratio
0.68%
Type
Global Ex. US Equities
Fund Owner
SmartETFs
Volume (1m avg. daily)
$98,444
AUM
$13,054,160
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

TSLA
Tesla Inc
3.95%
NVDA
NVIDIA Corp
3.81%
ON
ON Semiconductor Corp.
3.62%
ETN
Eaton Corporation plc
3.62%
NXPI.NAS.GBP
NXP Semiconductors NV
3.41%
GOOG
Alphabet Inc - Ordinary Shares - Class C
3.35%
6902
Denso Corporation
3.21%
MBLY
Mobileye Global Inc - Ordinary Shares - Class A
3.13%
VOLV B
Volvo AB - Ordinary Shares - Class B
3.11%
MBG
Mercedes-Benz Group AG
3.05%
Invest with MOTO

What is MOTO?

The SmartETFs Smart Transportation & Technology ETF will invest in companies that we believe will benefit from this revolution in transportation. This includes companies that manufacture, distribute, service, offer, support, or enable the following: electric vehicles, autonomous vehicles, transportation as a service, flying autonomous vehicles, autonomous or electric public transportation, and hyperloop-based transportation, for passengers or goods. The ETF is actively managed and fully transparent, investing in equally weighted positions on a global basis.

ETFs related toMOTO

ETFs correlated to MOTO include DRIV, HIBL, SPHB

MOTO
Guinness Atkinson Funds - SmartETFs Smart Transportation & Technology ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
QTUM
ETF Series Solutions Trust - Defiance Quantum ETF
ROBO
Exchange Traded Concepts Trust - ROBO Global Robotics and Automation Index ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
RSPT
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Technology ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI 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

MOTO is a Global Ex. US Equities ETF. The SmartETFs Smart Transportation & Technology ETF will invest in companies that we believe will benefit from this revolution in transportation. This includes companies that manufacture, distribute, service, offer, support, or enable the following: electric vehicles, autonomous vehicles, transportation as a service, flying autonomous vehicles, autonomous or electric public transportation, and hyperloop-based transportation, for passengers or goods. The ETF is actively managed and fully transparent, investing in equally weighted positions on a global basis.

Yes, MOTO 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, MOTO 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 MOTO is -0.0159%. This is the percent change in the value of MOTO over the most recent 1-month period. The 3-month return on MOTO is -0.0475%. This is the percent change in the value of MOTO over the most recent 3-month period.

The standard deviation of MOTO for the past year is 0.2342%. 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 MOTO include PBW, IGF, and ARKK.

ETFs correlated to MOTO include DRIV, HIBL, and SPHB.

ETFs that are inversely correlated to MOTO include HIBS, SOXS, and SH.

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.