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ETFs

RiverFront Strategic Income Fund

RIGS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 09 2013
Expense Ratio
0.46%
Type
Global Bonds
Fund Owner
ALPS
Volume (1m avg. daily)
$520,779
AUM
$106,210,392
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
U.S. Treasury Bond 4.00 11/15/2052
7.41%
n/a
Cash and Equivalents
5.11%
n/a
U.S. Treasury Bond 3.25 05/15/2042
4.73%
n/a
U.S. Treasury Bond 3.875 02/15/2043
3.27%
US29AU
United States Of America - 6.125% BD REDEEM 15/08/2029 USD 1000
2.49%
n/a
U.S. Treasury Note 4.00 07/31/2030
1.90%
CNXC5620658
Concentrix Corp. 6.60 08/02/2028
1.34%
n/a
T-Mobile USA 4.75 % Notes 2018-01.02.28 Gtd Global
1.34%
GS25O
Goldman Sachs Group, Inc. - 4.25% NT REDEEM 21/10/2025 USD 2000
1.23%
PHM26
PulteGroup Inc - 5.50% NT REDEEM 01/03/2026 USD 2000
1.23%
Invest with RIGS

What is RIGS?

The Fund utilizes various investment strategies in a broad array of fixed income sectors. The Fund allocates its investments based upon the analysis of RiverFront Investment Group, LLC of the pertinent economic and market conditions, as well as yield, maturity and currency considerations.

ETFs related toRIGS

ETFs correlated to RIGS include IBDY, PYLD, BINC

RIGS
ALPS Fund Services - RiverFront Strategic Income Fund
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond 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 toRIGS

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RIGS using Composer

FAQ

RIGS is a Global Bonds ETF. The Fund utilizes various investment strategies in a broad array of fixed income sectors. The Fund allocates its investments based upon the analysis of RiverFront Investment Group, LLC of the pertinent economic and market conditions, as well as yield, maturity and currency considerations.

Yes, RIGS 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, RIGS 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 RIGS is -0.0054%. This is the percent change in the value of RIGS over the most recent 1-month period. The 3-month return on RIGS is -0.0141%. This is the percent change in the value of RIGS over the most recent 3-month period.

The standard deviation of RIGS for the past year is 0.0629%. 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 RIGS include GVI, BLV, and BSV.

ETFs correlated to RIGS include IBDY, PYLD, and BINC.

ETFs that are inversely correlated to RIGS include TBX, PST, and TTT.

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.