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ETFs

ALPS O'Shares Europe Quality Dividend ETF

OEUR
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Aug 19 2015
Expense Ratio
0.48%
Type
Global Ex. US Equities
Fund Owner
ALPS
Volume (1m avg. daily)
$127,921
AUM
$38,579,912
Associated Index
ALPS OShares Europe Quality Dividend Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NESN
Nestle SA
5.00%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
4.73%
ASML
ASML Holding NV
4.32%
NOVN
Novartis AG - Registered Shares
4.12%
MC
Lvmh Moet Hennessy Vuitton SE
4.11%
ROG
Roche Holding AG
3.90%
SAP
Sap SE
3.33%
SAN
Sanofi
3.22%
ALV
Allianz SE - Registered Shares
3.13%
ULVR
Unilever plc
3.03%
Invest with OEUR

What is OEUR?

The Fund seeks to track the performance (before fees and expenses) of its target index, the ALPS OShares Europe Quality Dividend Index (the Target Index ). The Target Index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in Europe that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds. The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines.

ETFs related toOEUR

ETFs correlated to OEUR include IQDG, EFG, BBEU

OEUR
OSI ETF Trust - ALPS OShares Europe Quality Dividend ETF
IQDG
WisdomTree Trust - WisdomTree International Quality Dividend Growth Fund
EFG
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Growth ETF
BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
IQLT
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Quality Factor ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
QEFA
SSgA Active Trust - SPDR MSCI EAFE StrategicFactors SM 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

OEUR is a Global Ex. US Equities ETF. The Fund seeks to track the performance (before fees and expenses) of its target index, the ALPS OShares Europe Quality Dividend Index (the Target Index ). The Target Index is designed to measure the performance of publicly-listed large-capitalization and mid-capitalization dividend-paying issuers in Europe that meet certain market capitalization, liquidity, high quality, low volatility and dividend yield thresholds. The high quality and low volatility requirements are designed to reduce exposure to high dividend equities that have experienced large price declines.

OEUR tracks the ALPS OShares Europe Quality Dividend Index.

OEUR dividend information: Dividend - High Yield. Dividend payouts may vary in terms of frequency of payouts.

No, OEUR 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, OEUR 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 OEUR is -0.0261%. This is the percent change in the value of OEUR over the most recent 1-month period. The 3-month return on OEUR is -0.0527%. This is the percent change in the value of OEUR over the most recent 3-month period.

The standard deviation of OEUR for the past year is 0.1876%. 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 OEUR include PBW, IGF, and ARKK.

ETFs correlated to OEUR include IQDG, EFG, and BBEU.

ETFs that are inversely correlated to OEUR include EPV, EFZ, 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.