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ETFs

LHA Risk-Managed Income ETF

RMIF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 09 2023
Expense Ratio
1.27%
Type
US Bonds
Fund Owner
Little Harbor Advisors
Volume (1m avg. daily)
$14,058
AUM
$32,168,505
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BKLN
Invesco Capital Management LLC - Invesco Senior Loan ETF
20.22%
SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
20.22%
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF
19.87%
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
19.73%
FTSL
First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF
19.17%
n/a
Cash & Other
0.79%
Invest with RMIF

What is RMIF?

The Underlying Investments may invest in investment-grade U.S. corporate bonds, U.S. Treasury securities, floating rate debt securities, treasury inflation-protected bonds (TIPS), foreign corporate debt securities (including those of emerging markets), high yield (junk) bonds, mortgage-backed and asset-backed securities, and preferred stocks.

ETFs related toRMIF

ETFs correlated to RMIF include FDHY, XAUG, HYG

RMIF
ETF Series Solutions Trust - LHA Risk-Managed Income ETF
FDHY
Fidelity Covington Trust - Fidelity High Yield Factor ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
FALN
iShares Trust - iShares Fallen Angels USD Bond ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund

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 toRMIF

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Create your own algorithmic trading strategy with RMIF using Composer

FAQ

RMIF is a US Bonds ETF. The Underlying Investments may invest in investment-grade U.S. corporate bonds, U.S. Treasury securities, floating rate debt securities, treasury inflation-protected bonds (TIPS), foreign corporate debt securities (including those of emerging markets), high yield (junk) bonds, mortgage-backed and asset-backed securities, and preferred stocks.

Yes, RMIF 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, RMIF 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 RMIF is 0.0056%. This is the percent change in the value of RMIF over the most recent 1-month period. The 3-month return on RMIF is 0.0185%. This is the percent change in the value of RMIF over the most recent 3-month period.

ETFs similar to RMIF include GVI, BLV, and BSV.

ETFs correlated to RMIF include FDHY, XAUG, and HYG.

ETFs that are inversely correlated to RMIF include SJB, EFZ, and EPV.

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.