Snapshot*
Top 10 Holdings
What is STXD?
STXD offers exposure to U.S. corporations that have a five-year track record of growing dividends while maintaining a dividend growth rate greater than the benchmark through a cost-efficient index product. Through Corporate Governance practices, including voting proxy shares and proactively engaging with management teams and boards, Strive aims to unlock value across all corporations in STXD's portfolio by mandating companies to focus on profits over politics. The Bloomberg US 1000 Dividend Growth Index is designed to track a subset of stocks in the Bloomberg US 1000 Growth Index which have increased their trailing full year dividend payment for five consecutive years while maintaining a five year dividend growth rate greater than that of the benchmark index. Each of the selected securities are assigned a weight that is proportional to its market capitalization size while implementing weight capping.
ETFs related toSTXD
ETFs correlated to STXD include VIG, DGRW, OUSA
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 toSTXD
Rotating Bonds
Smarter Dividends
Create your own algorithmic trading strategy with STXD 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.