DBX ETF Trust Xtrackers US Green Infrastructure Select Equity ETF
Snapshot*
Top 10 Holdings
What is UPGR?
The fund, using a "passive" or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the Underlying Index, which is comprised of companies that have business exposure in the production, generation, or distribution of green energy or are engaged in the establishment of a sustainable infrastructure to enable the use of renewable energy and that fulfill certain sustainability criteria. Under normal circumstances, the Underlying Index is reconstituted quarterly. The fund changes its portfolio in accordance with the Underlying Index, and, therefore, any changes to the Underlying Index's reconstitution schedule will result in corresponding changes to the fund's schedule of portfolio changes.
ETFs related toUPGR
ETFs correlated to UPGR include PBW, ACES, CNRG
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 toUPGR
Controlling for Volatility
Follow the Global Trend
Create your own algorithmic trading strategy with UPGR using Composer
News Related to UPGR
AZZ Announces Avail Infrastructure Solutions Has Entered Into A Definitive Agreement To Sell The Electrical Enclosures, Switchgear, And Bus Systems Businesses Of Avail To nVent Electric, For A Purchase Price Of $975M; Azz Will Continue To Own A 40% Interest In Avail, Which Will Consist Of Avail's Industrial Lighting And Welding Solutions Businesses, And These Will Represent ~30% Of Pre-Transaction Group Revenue
Mar 10, 2025 • by Benzinga NewsdeskRoth MKM Initiates Coverage On AZZ with Buy Rating, Announces Price Target of $108
Feb 11, 2025 • by Benzinga NewsdeskThis IBM Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday
Feb 11, 2025 • by Avi Kapoor
B. Riley Securities Maintains Buy on AZZ, Raises Price Target to $111
Feb 11, 2025 • by Benzinga NewsdeskFAQ
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.