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ETFs

AXS Astoria Inflation Sensitive ETF

PPI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 30 2021
Expense Ratio
0.75%
Type
Global Diversified
Fund Owner
AXS Investments
Volume (1m avg. daily)
$216,628
AUM
$58,492,722
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No

Top 10 Holdings

GCC
WisdomTree Commodity Services LLC - WisdomTree EnhancedContinuous Commodity Index Fund
4.79%
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
4.69%
VTIP
Vanguard Malvern Funds - Vanguard Short-Term Inflation-Protected Securities Index Fund
3.82%
STIP
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year TIPS Bond ETF
3.82%
1605
Inpex Corporation
3.47%
RHM
Rheinmetall AG
3.38%
CNQ
Canadian Natural Resources Ltd.
3.29%
EOG
EOG Resources, Inc.
3.21%
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
3.08%
RIO
Rio Tinto plc - Registered Shares
3.04%
Invest with PPI

What is PPI?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing principally in securities across multiple asset classes which have the potential to benefit, either directly or indirectly, from increases in the rate of rising costs of goods and services (i.e., inflation). These investments are expected to include, but are not limited to, equity securities of companies engaged in the energy, financials, industrial, and materials sectors, as well as investments in other ETFs ( Underlying ETFs ) that directly or indirectly invest in commodities or fixed income securities. The Fund s investments in equity interests are generally expected to include common stock, general and limited partnership interests of publicly traded master limited partnerships ( MLPs ) and units of royalty trusts. The Fund may invest in non-U.S. securities, including depositary receipts. The Fund may also invest in Underlying ETFs with exposure to commodities that have an opportunity to benefit from higher demand, elevated global growth, or a shortage of supply, including, but not limited to, crude oil, copper, natural gas, gold, silver, platinum, palladium, soybean, live cattle, coffee, and corn. The Underlying ETFs typically gain exposure to these commodities through the use of commodity-linked derivatives, including futures contracts. The Fund may also invest in Underlying ETFs that invest in investment grade fixed income securities of any maturity including inflation-protected public obligations of the U.S. Treasury, commonly known as TIPS.

ETFs related toPPI

ETFs correlated to PPI include GNR, COWZ, GUNR

PPI
Investment Managers Series Trust II - AXS Astoria Inflation Sensitive ETF
GNR
SSgA Active Trust - SPDR S&P Global Natural Resources ETF
COWZ
Pacer Funds Trust - Pacer US Cash Cows 100 ETF
GUNR
FlexShares Trust - FlexShares Global Upstream Natural Resources Index Fund
AVLV
American Century ETF Trust - Avantis U.S. Large Cap Value ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
QVAL
EA Series Trust - Alpha Architect U.S. Quantitative Value ETF
LSAF
Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF
RLY
SSgA Active Trust - SPDR SSgA Multi-Asset Real Return ETF
INFL
Listed Funds Trust - Horizon Kinetics Inflation Beneficiaries ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value 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 toPPI

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with PPI using Composer

FAQ

PPI is a Global Diversified ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing principally in securities across multiple asset classes which have the potential to benefit, either directly or indirectly, from increases in the rate of rising costs of goods and services (i.e., inflation). These investments are expected to include, but are not limited to, equity securities of companies engaged in the energy, financials, industrial, and materials sectors, as well as investments in other ETFs ( Underlying ETFs ) that directly or indirectly invest in commodities or fixed income securities. The Fund s investments in equity interests are generally expected to include common stock, general and limited partnership interests of publicly traded master limited partnerships ( MLPs ) and units of royalty trusts. The Fund may invest in non-U.S. securities, including depositary receipts. The Fund may also invest in Underlying ETFs with exposure to commodities that have an opportunity to benefit from higher demand, elevated global growth, or a shortage of supply, including, but not limited to, crude oil, copper, natural gas, gold, silver, platinum, palladium, soybean, live cattle, coffee, and corn. The Underlying ETFs typically gain exposure to these commodities through the use of commodity-linked derivatives, including futures contracts. The Fund may also invest in Underlying ETFs that invest in investment grade fixed income securities of any maturity including inflation-protected public obligations of the U.S. Treasury, commonly known as TIPS.

Yes, PPI 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, PPI 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 PPI is 0.0024%. This is the percent change in the value of PPI over the most recent 1-month period. The 3-month return on PPI is 0.0363%. This is the percent change in the value of PPI over the most recent 3-month period.

The standard deviation of PPI for the past year is 0.1886%. 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 PPI include AOR, DRSK, and FPEI.

ETFs correlated to PPI include GNR, COWZ, and GUNR.

ETFs that are inversely correlated to PPI include TZA, TWM, and RWM.

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.