Snapshot*
Top 10 Holdings
What is SNAV?
The Mohr Sector Nav ETF seeks to provide capital appreciation. The Fund is an actively managed ETF by Retireful, LLC (the "Advisor") and designed for investors looking for long-term growth and who can tolerate large principal value fluctuations. The Advisor seeks to achieve the Fund's investment objective by using a tactical approach to invest in the various industry sectors that are found in the S&P 500 Index. In tactically allocating the Fund's assets across the various sectors, the Adviser utilizes quantitative data including price movement of the particular sector to analyze the sector's potential for attractive risk-adjusted returns. The Advisor's tactical investment strategy allocates the Fund's assets to these sectors based on the Advisor's investment research process.
ETFs related toSNAV
ETFs correlated to SNAV include GAUG, DECZ, USPX
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
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.