Snapshot*
Top 10 Holdings
What is PSFJ?
The Fund is an actively managed exchange-traded fund ( ETF ) that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options ( FLEX Options ) that reference the market price of the SPDR S&P 500 ETF Trust (the Underlying ETF ). The Fund uses FLEX Options to employ a structured outcome strategy. Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. The pre-determined outcomes sought by the Fund are intended to reflect the performance of the Underlying ETF over an approximate one-year period (the Investment Period ), subject to a buffer (the Buffer ) against certain Underlying ETF losses and a cap.
ETFs related toPSFJ
ETFs correlated to PSFJ include BJUL, FSEP, FJUL
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.
News Related to PSFJ
Fed Vice Chair Jefferson Says: Vigilant On Spillovers From Federal Government Layoffs To Other Sectors
Apr 3, 2025 • by Benzinga NewsdeskFed Vice Chair Jefferson Says: Economy Solid, But Heightened Uncertainty Among Consumers, Businesses Tied To Trade Policy; If Uncertainty Worsens, Economic Activity May Be Constrained; Negative Sentiment Often Does Not Translate To Slowdown In Actual Activity; Recent Signs That Consumer Spending May Be Weakening; Anticipate Some Modest Labor Market Softening This Year
Apr 3, 2025 • by Benzinga NewsdeskFed Vice Chair Jefferson Says: Labor Market Solid, Well-Balanced; Latest Data Shows Inflation Moving Sideways; Longer-Term Inflation Expectations Remain Consistent With 2% Goal; Rise in Goods Inflation Partly Due To Trade Policy; Drop In Housing Services Inflation Could Help Counter
Apr 3, 2025 • by Benzinga NewsdeskFed Vice Chair Jefferson Says: No Need To Be In A Hurry On Policy Rate Adjustments; Current Policy Rate Well-Positioned to Deal With Risks, Uncertainties; Could Retain Current Policy Restraint for Longer, Or Ease Policy, Depending On Inflation Progress And Job Market; Policy Rate Is Now Somewhat Restrictive
Apr 3, 2025 • by Benzinga NewsdeskFAQ
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.