Exchange Traded Competition

Etfs . USA . 
Etf . Exchange Traded Concepts
Exchange Traded Concepts competes with Invesco SP, Invesco SP, Invesco SP, Morningstar Unconstrained, and Thrivent High; as well as few others. Analyzing Exchange Traded competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Exchange Traded to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Exchange Traded competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Exchange Traded's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.000.00
Details
Intrinsic
Valuation
LowRealHigh
0.000.000.00
Details

Exchange Traded Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Exchange Traded and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Exchange and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Exchange Traded Concepts does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RCD
+ 0.94
RGI
RRTLX
+ 0.81
LBHIX
RRTLX
+ 0.74
RCD
LBHIX
+ 0.73
RCD
RRTLX
+ 0.73
MSTSX
VIASP
+ 0.7
RGI
  
High negative correlations   
VIASP
- 0.87
SCAXF
SCAXF
- 0.74
RCD
SCAXF
- 0.73
RGI
SCAXF
- 0.58
LBHIX
VIASP
- 0.48
RTM
RRTLX
- 0.47
SCAXF

Exchange Traded Constituents Risk-Adjusted Indicators

There is a big difference between Exchange Etf performing well and Exchange Traded ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Exchange Traded's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
RGI  0.64  0.14  0.09  1.09  0.36 
(0.80)
 1.47 
(0.85)
 5.20 
RTM  0.72 (0.07)(0.12) 0.00  0.82 
(0.80)
 1.29 
(1.35)
 4.84 
RCD  0.69  0.18  0.15  0.83  0.42 
(0.82)
 1.52 
(1.02)
 3.36 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
MSTSX  0.45  0.01 (0.07) 0.11  0.39 
(0.58)
 1.21 
(0.84)
 2.80 
LBHIX  0.10  0.00 (0.38) 0.26  0.00 
(0.25)
 0.24 
(0.24)
 0.71 
ABHYX  0.17 (0.01)(0.23) 0.03  0.26 
(0.24)
 0.34 
(0.33)
 1.91 
SCAXF  0.70 (0.41) 0.00 (0.92) 0.00 
 0.00 
 0.00 
 0.00 
 23.47 
VIASP  0.75  0.11  0.00 (1.42) 1.10 
(0.82)
 2.28 
(1.20)
 7.18 
RRTLX  0.22  0.02 (0.24) 0.52  0.15 
(0.25)
 0.48 
(0.47)
 1.36 
All Fundamental Data

Exchange Traded Competitive Analysis

The better you understand Exchange Traded competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Exchange Traded's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Exchange Traded's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
RGI RTM RCD AQUI MSTSX LBHIX ABHYX SCAXF VIASP RRTLX
 0.37 
 53.48 
Invesco
 0.68 
 34.92 
Invesco
 0.27 
 55.82 
Invesco
 0.00 
 0.01 
Aquagold
 0.25 
 11.90 
Morningstar
 0.23 
 4.26 
Thrivent
 0.11 
 9.03 
High
 0.00 
 0.01 
Sparta
 1.13 
 22.35 
Via
 0.16 
 12.72 
RRTLX
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Out of control
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Solid
Very Weak
OK
OK
Weak
Very Weak
OK
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Average
Low
Low
Low
Low
Average
Low
Current Valuation
(Equity Enterprise Value)
Under Valued
Fairly Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Hold
Strong Buy
Strong Sell
Strong Hold
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Cautious Hold
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.62
3.49
N/A
Net Asset
303.55 M
337.35 M
318.48 M
3.19 K
116.1 M
674.44 M
672.37 M
3.06 M
355.28 M
1.46 B
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.1
0.0094
N/A
EBITDA
N/A
N/A
N/A
(727.69 K)
N/A
N/A
N/A
(21.53 K)
33.09 M
N/A
Price To Book
3.42
3.11
3.22
N/A
N/A
1.58
N/A
34.42
N/A
2.13
Current Valuation
N/A
N/A
N/A
912.76 K
N/A
N/A
N/A
5.73 M
535.95 M
N/A
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
-0.15
-0.14
N/A
Five Year Return
16.1
11.4
10.1
N/A
8.83
3.43
1.9
N/A
8.97
0.0406
Retained Earnings
N/A
N/A
N/A
(4.18 M)
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
30.2
11.0
24.1
N/A
21.02
10.84
9.89
N/A
N/A
0.067
Beta
1.1
1.13
1.22
7.05
N/A
N/A
N/A
1.75
1.16
N/A
Equity Positions Weight
100.04
100.03
100.02
N/A
61.63
0.07
N/A
N/A
N/A
38.52
Number Of Employees
13
67
13
7
1
1
1
8
169
1
Cash Position Weight
N/A
N/A
N/A
N/A
14.28
6.56
0.1
N/A
N/A
7.22
Shares Outstanding
N/A
N/A
N/A
965.83 K
N/A
N/A
N/A
233.95 M
N/A
N/A
Three Year Return
12.0
2.1
3.5
N/A
7.83
2.94
-0.34
N/A
N/A
0.0491
Cash Flow From Operations
N/A
N/A
N/A
(218.19 K)
N/A
N/A
N/A
210.37 K
12.7 M
N/A
Annual Yield
N/A
N/A
N/A
N/A
0.0204
0.0612
0.0041
N/A
0.0972
0.0206
Total Debt
N/A
N/A
N/A
N/A
N/A
N/A
N/A
125 K
135 M
N/A
Return On Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.017
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
22.72
92.23
2.0
N/A
N/A
14.43
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
37.6
1.0
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
N/A
-5.5
N/A
N/A
N/A
-0.21
-0.11
N/A
Book Value Per Share
N/A
N/A
N/A
-1.18
N/A
N/A
N/A
-0.002
3.66
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.29 K
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Current Liabilities
N/A
N/A
N/A
794 K
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
303.55 M
337.35 M
318.48 M
3.19 K
215.11 M
347.66 M
243.16 M
3.06 M
355.28 M
1.03 B
Last Dividend Paid
0.34
0.57
0.2
N/A
N/A
0.02
0.03
N/A
0.73
0.14
Debt To Equity
N/A
N/A
N/A
N/A
N/A
N/A
N/A
101.0
0.69
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.7
N/A
Market Capitalization
N/A
N/A
N/A
96.58 K
50.36 M
N/A
N/A
7.72 M
N/A
N/A
Price To Earning
19.56
21.74
17.04
-0.22
N/A
35.48
N/A
19.55
26.83
18.25
Price To Sales
1.45
1.61
1.13
N/A
N/A
1.23
N/A
0.63
N/A
1.57
Net Income
N/A
N/A
N/A
(627.79 K)
N/A
N/A
N/A
(609.44 K)
5.2 M
N/A
Earnings Per Share
N/A
N/A
N/A
-0.63
N/A
N/A
N/A
-0.003
1.17
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.51
N/A
N/A
Year To Date Return
N/A
N/A
N/A
N/A
15.24
7.84
7.45
N/A
N/A
-0.0211
Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
5.19 M
393.49 M
N/A
Ten Year Return
13.0
9.7
8.2
N/A
N/A
6.0
4.84
N/A
N/A
5.76
Working Capital
N/A
N/A
N/A
(794 K)
N/A
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
N/A
N/A
N/A
1.15 K
N/A
N/A
N/A
909.32 K
51.31 M
N/A
Cash Per Share
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.23
N/A
Gross Profit
N/A
N/A
N/A
(143.88 K)
N/A
N/A
N/A
3.68 M
74.67 M
N/A
Day Typical Price
53.46
34.98
55.86
0.006
11.9
4.26
9.03
0.015
22.27
12.72
Accumulation Distribution
0.008
112.67
0.0116
N/A
N/A
N/A
N/A
N/A
148.46
N/A
Market Facilitation Index
0.43
0.0
0.65
N/A
N/A
N/A
N/A
N/A
0.0
N/A
Daily Balance Of Power
(0.47)
(1.20)
(0.23)
0.0
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
0.0
1.041667
9.2 T
Period Momentum Indicator
(0.20)
(0.24)
(0.15)
N/A
0.03
(0.01)
(0.01)
N/A
0.25
0.02
Rate Of Daily Change
1.0
0.99
1.0
1.0
1.0
1.0
1.0
1.0
1.01
1.0
Day Median Price
53.44
35.01
55.89
0.006
11.9
4.26
9.03
0.015
22.23
12.72
Price Action Indicator
(0.07)
(0.21)
(0.14)
N/A
0.015
(0.01)
(0.01)
N/A
0.25
0.01
Coefficient Of Variation
504.14
9772.58
380.72
N/A
824.93
837.9
2360.81
(812.40)
1026.52
693.0
Mean Deviation
0.642
0.723
0.6933
N/A
0.4501
0.0997
0.1706
0.7004
0.7529
0.2194
Jensen Alpha
0.1424
(0.07)
0.1826
N/A
0.0057
0.0049
(0.01)
(0.41)
0.1109
0.0243
Total Risk Alpha
0.0391
(0.13)
0.0918
N/A
(0.02)
(0.01)
(0.04)
(0.77)
(0.06)
(0.01)
Sortino Ratio
0.0941
(0.12)
0.1543
N/A
(0.07)
(0.38)
(0.23)
N/A
0.0013
(0.24)
Downside Variance
0.3452
0.6963
0.4752
N/A
0.3126
0.0615
0.1939
N/A
1.77
0.0875
Standard Deviation
0.8423
0.8925
0.8306
N/A
0.5835
0.1508
0.2881
2.89
1.17
0.2787
Kurtosis
3.36
0.1948
(0.42)
N/A
0.1389
0.536
8.35
66.0
5.35
0.0665
Potential Upside
1.47
1.29
1.52
N/A
1.21
0.237
0.3378
N/A
2.28
0.4792
Treynor Ratio
1.09
(0)
0.8283
N/A
0.1123
0.265
0.0269
(0.92)
(1.42)
0.5192
Maximum Drawdown
5.2
4.84
3.36
N/A
2.8
0.7081
1.91
23.47
7.18
1.36
Variance
0.7095
0.7966
0.6899
N/A
0.3404
0.0228
0.083
8.35
1.36
0.0777
Market Risk Adjusted Performance
1.1
0.0087
0.8383
N/A
0.1223
0.275
0.0369
(0.91)
(1.41)
0.5292
Risk Adjusted Performance
0.1455
0.0093
0.1921
N/A
0.0856
0.0485
0.0156
(0.08)
0.0745
0.0888
Skewness
1.24
0.2459
0.224
N/A
0.3086
0.303
(1.67)
(8.12)
(0.93)
0.0192
Semi Deviation
0.3561
0.8167
0.4207
N/A
0.3912
0.0
0.2644
N/A
1.1
0.153
Information Ratio
0.0656
(0.12)
0.1281
N/A
(0.07)
(0.62)
(0.35)
(0.16)
0.0015
(0.26)
Value At Risk
(0.85)
(1.35)
(1.02)
N/A
(0.84)
(0.24)
(0.33)
N/A
(1.20)
(0.47)
Expected Short fall
(0.80)
(0.80)
(0.82)
N/A
(0.58)
(0.25)
(0.24)
N/A
(0.82)
(0.25)
Downside Deviation
0.5875
0.8345
0.6893
N/A
0.5591
0.248
0.4403
N/A
1.33
0.2958
Semi Variance
0.1268
0.667
0.177
N/A
0.1531
(0.01)
0.0699
N/A
1.22
0.0234

Exchange Traded Competition Performance Charts

Five steps to successful analysis of Exchange Traded Competition

Exchange Traded's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Exchange Traded Concepts in relation to its competition. Exchange Traded's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Exchange Traded in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Exchange Traded's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Exchange Traded Concepts, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Exchange Traded position

In addition to having Exchange Traded in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Strategy ETFs Thematic Idea Now

Strategy ETFs
Strategy ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Strategy ETFs theme has 1286 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Strategy ETFs Theme or any other thematic opportunities.
View All  Next Launch
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Tools for Exchange Etf

When running Exchange Traded's price analysis, check to measure Exchange Traded's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exchange Traded is operating at the current time. Most of Exchange Traded's value examination focuses on studying past and present price action to predict the probability of Exchange Traded's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exchange Traded's price. Additionally, you may evaluate how the addition of Exchange Traded to your portfolios can decrease your overall portfolio volatility.
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