Evolve FANGMA Ownership
TECH Etf | CAD 19.25 0.13 0.67% |
Evolve |
Evolve Etf Ownership Analysis
The fund maintains 99.01% of assets in stocks. TECH seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive FANGMA Equal Weight Index Canadian Dollar Hedged, or any successor thereto. EVOLVE FANGMA is traded on Toronto Stock Exchange in Canada.It is possible that Evolve FANGMA Index etf was renamed or delisted. To find out more about Evolve FANGMA Index contact the company at 844-370-4884.Top Etf Constituents
NFLX | Netflix | Etf | |
AAPL | Apple Inc | Stock | |
GOOGL | Alphabet Inc Class A | Stock | |
META | Meta Platforms | Stock | |
MSFT | Microsoft | Stock | |
AMZN | Amazon Inc | Stock |
Evolve FANGMA Outstanding Bonds
Evolve FANGMA issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Evolve FANGMA Index uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Evolve bonds can be classified according to their maturity, which is the date when Evolve FANGMA Index has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MPLX LP 4125 Corp BondUS55336VAK61 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View | |
BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with Evolve FANGMA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evolve FANGMA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evolve FANGMA will appreciate offsetting losses from the drop in the long position's value.Moving together with Evolve Etf
0.7 | ZWU | BMO Covered Call | PairCorr |
0.94 | XIT | iShares SPTSX Capped | PairCorr |
0.92 | ZUT | BMO Equal Weight | PairCorr |
0.67 | HMMJ | Global X Marijuana | PairCorr |
0.98 | TXF | First Asset Tech | PairCorr |
The ability to find closely correlated positions to Evolve FANGMA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolve FANGMA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evolve FANGMA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evolve FANGMA Index to buy it.
The correlation of Evolve FANGMA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evolve FANGMA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolve FANGMA Index moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evolve FANGMA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Evolve Etf
Evolve FANGMA financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve FANGMA security.