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ETFs

ClearShares OCIO ETF

OCIO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 27 2017
Expense Ratio
0.62%
Type
Global Diversified
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$14,443
AUM
$126,561,945
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

OPER
ETF Series Solutions Trust - ClearShares Ultra-Short Maturity ETF
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QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
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SHV
BlackRock Institutional Trust Company N.A. - iShares Short Treasury Bond ETF
4.90%
VTV
Vanguard Group, Inc. - Vanguard Value ETF
4.89%
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
4.84%
USMV
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Min Vol Factor ETF
4.61%
XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
4.26%
BIL
SPDR Series Trust - SPDR Bloomberg 1-3 Month T-Bill ETF
4.24%
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF
4.23%
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
4.07%
Invest with OCIO

What is OCIO?

The Fund is an actively-managed fund of funds and seeks to achieve its objective by investing primarily in other registered investment companies, including other actively-managed exchange-traded funds ( ETFs ) and index-based ETFs (collectively, Underlying Funds ), that provide exposure to a broad range of asset classes. The Underlying Funds may invest in equity securities of U.S. or foreign companies; debt obligations of U.S. or foreign companies or governments; or other investments, such as volatility indexes and managed futures. The Fund allocates its assets across asset classes, industries, geographic regions, and industries, subject to certain diversification and liquidity considerations. The Fund s investments in foreign countries may include exposure to emerging markets.

ETFs related toOCIO

ETFs correlated to OCIO include URTH, CRBN, ACWI

OCIO
ETF Series Solutions Trust - ClearShares OCIO ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
FSEP
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF -September
BSEP
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - September
FJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - July

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 toOCIO

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#LSPC

Lever up S&P with a Commodity Hedge

Category

Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Moderate

Create your own algorithmic trading strategy with OCIO using Composer

FAQ

OCIO is a Global Diversified ETF. The Fund is an actively-managed fund of funds and seeks to achieve its objective by investing primarily in other registered investment companies, including other actively-managed exchange-traded funds ( ETFs ) and index-based ETFs (collectively, Underlying Funds ), that provide exposure to a broad range of asset classes. The Underlying Funds may invest in equity securities of U.S. or foreign companies; debt obligations of U.S. or foreign companies or governments; or other investments, such as volatility indexes and managed futures. The Fund allocates its assets across asset classes, industries, geographic regions, and industries, subject to certain diversification and liquidity considerations. The Fund s investments in foreign countries may include exposure to emerging markets.

Yes, OCIO 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, OCIO 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 OCIO is -0.0066%. This is the percent change in the value of OCIO over the most recent 1-month period. The 3-month return on OCIO is -0.0066%. This is the percent change in the value of OCIO over the most recent 3-month period.

The standard deviation of OCIO for the past year is 0.098%. 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 OCIO include AOR, DRSK, and FPEI.

ETFs correlated to OCIO include URTH, CRBN, and ACWI.

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

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.