Snapshot*
Top 10 Holdings
What is STLG?
The iShares Factors US Growth Style ETF seeks to track the investment results of an index composed of US large and mid-capitalization stocks with favorable exposure to target style factors subject to constraints. The Underlying Index is designed to select equity securities from the Russell 1000 Growth Index (the Parent Index ), which in turn is a subset of the Russell 1000 Index (the Russell 1000 ). The Underlying Index is designed to select equity securities from the Parent Index with exposure to five equity style factors (momentum, quality, value, size,and low volatility) while maintaining a level of risk similar to that of the Parent Index.
ETFs related toSTLG
ETFs correlated to STLG include ILCG, IWF, VONG
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 toSTLG
Diversify with Sin Stocks
Controlling for Volatility
Create your own algorithmic trading strategy with STLG using Composer
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.