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ALPS Active Equity Opportunity ETF

RFFC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 07 2016
Expense Ratio
0.48%
Type
US Equities
Fund Owner
ALPS
Volume (1m avg. daily)
$31,072
AUM
$22,487,992
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
Cash and Equivalents
5.59%
MSFT
Microsoft Corporation
4.39%
COP
Conoco Phillips
3.37%
JPM
JPMorgan Chase & Co.
3.21%
AAPL
Apple Inc
3.16%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
3.06%
META
Meta Platforms Inc - Ordinary Shares - Class A
2.86%
NVDA
NVIDIA Corp
2.77%
UNH
Unitedhealth Group Inc
2.58%
AMZN
Amazon.com Inc.
2.20%
Invest with RFFC

What is RFFC?

RiverFront Dynamic US Flex-Cap is an Actively Managed ETF and does not follow an index. In selecting the Fund s portfolio securities, the Sub-Adviser assembles a portfolio of eligible securities based on several core attributes such as value, quality and momentum. The Sub-Adviser, RiverFront Investment Group, LLC ( RiverFront ), will consider multiple proprietary factors within each core attribute, such as the price-to-book value of a security when determining value, a company s cash as a percentage of the company s market capitalization when determining quality and a security s three month relative price change when determining momentum. RiverFront then assigns each qualifying security a score based on its core attributes and selects the individual securities with the highest scores for investment. In doing so, RiverFront utilizes its proprietary optimization process to maximize the percentage of high-scoring securities included in the portfolio. A high-scoring security within our investment process does not guarantee a favorable performance or ensure against loss. RiverFront will also consider the market capitalization of the companies in which the Fund may invest, and the trading volume of a company s shares in the secondary market.

ETFs related toRFFC

ETFs correlated to RFFC include DFUS, DFAU, ITOT

RFFC
ALPS Advisors Inc - ALPS Active Equity Opportunity ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness 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

RFFC is a US Equities ETF. RiverFront Dynamic US Flex-Cap is an Actively Managed ETF and does not follow an index. In selecting the Fund s portfolio securities, the Sub-Adviser assembles a portfolio of eligible securities based on several core attributes such as value, quality and momentum. The Sub-Adviser, RiverFront Investment Group, LLC ( RiverFront ), will consider multiple proprietary factors within each core attribute, such as the price-to-book value of a security when determining value, a company s cash as a percentage of the company s market capitalization when determining quality and a security s three month relative price change when determining momentum. RiverFront then assigns each qualifying security a score based on its core attributes and selects the individual securities with the highest scores for investment. In doing so, RiverFront utilizes its proprietary optimization process to maximize the percentage of high-scoring securities included in the portfolio. A high-scoring security within our investment process does not guarantee a favorable performance or ensure against loss. RiverFront will also consider the market capitalization of the companies in which the Fund may invest, and the trading volume of a company s shares in the secondary market.

Yes, RFFC 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, RFFC 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 RFFC is -0.0105%. This is the percent change in the value of RFFC over the most recent 1-month period. The 3-month return on RFFC is 0.0027%. This is the percent change in the value of RFFC over the most recent 3-month period.

The standard deviation of RFFC for the past year is 0.1775%. 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 RFFC include PKW, VIXY, and XYLD.

ETFs correlated to RFFC include DFUS, DFAU, and ITOT.

ETFs that are inversely correlated to RFFC include SH, SPXU, 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.