ALFA, NYSE
ESS AlphaClone Alternative Alpha ETF (ALFA)
Price (as of September 14)
62.1USD
Correlations
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
First Trust NASDAQ Cybersecurity ETF |
-0.38 |
|
Invesco Variable Rate Investment Grade ETF |
-0.36 |
|
ProShares S&P Kensho Cleantech ETF |
-0.36 |
|
SPDR S&P Kensho Clean Power ETF |
-0.35 |
|
Virtus LifeSci Biotech Products ETF |
-0.35 |
|
SPDR Nuveen Bloomberg Short Term Municipal Bond ETF |
-0.03 |
|
Franklin Dynamic Municipal Bond ETF |
0.04 |
|
American Century Diversified Municipal Bond ETF |
0.01 |
|
Vanguard Long-Term Corporate Bond ETF |
0 |
|
Global X Education ETF |
-0.05 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.79 |
|
iShares MSCI Global Energy Producers ETF |
0.33 |
|
U.S. Equity Cumulative Dividends Fund Series 2027 |
0.32 |
|
Fidelity Emerging Markets Multifactor ETF |
0.3 |
|
ETFMG Prime Cyber Security ETF |
0.3 |
|
First Trust Natural Gas ETF |
-0.02 |
|
Hartford Large Cap Growth ETF |
0.09 |
|
Fidelity MSCI Energy Index ETF |
-0.03 |
|
WisdomTree Emerging Market Local Debt Fund |
-0.01 |
|
ProShares VIX Mid-Term Futures ETF |
0.01 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Syntax Stratified Total Market II ETF |
-0.23 |
|
Dimensional International Core Equity 2 ETF |
-0.22 |
|
Dimensional Emerging Markets Value ETF |
-0.22 |
|
Invesco Zacks Mid-Cap ETF |
-0.21 |
|
Innovator Double Stacker 9 Buffer ETF - January |
-0.21 |
|
Pacer Data and Digital Revolution ETF |
-0.21 |
|
Dimensional International High Profitability ETF |
-0.2 |
|
Amplify CPW Enhanced Dividend Income ETF |
-0.05 |
|
iShares U.S. Dividend and Buyback ETF |
-0.06 |
|
Innovator Double Stacker 9 Buffer ETF - October |
-0.17 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.85 |
|
BondBloxx BB-Rated USD High Yield Corporate Bond ETF |
0.2 |
|
OneAscent Core Plus Bond ETF |
0.2 |
|
Simplify Tail Risk Strategy ETF |
0.2 |
|
Health Care Select Sector SPDR |
0.19 |
|
Consumer Staples Select Sector SPDR |
0.06 |
|
Fidelity Sustainable Low Duration Bond ETF |
0.18 |
|
BondBloxx B-Rated USD High Yield Corporate Bond ETF |
0.17 |
|
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF |
0.17 |
|
Invesco 1-30 Laddered Treasury ETF |
0.01 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Syntax Stratified Total Market II ETF |
-0.23 |
|
Dimensional International Core Equity 2 ETF |
-0.22 |
|
Dimensional Emerging Markets Value ETF |
-0.22 |
|
Pacer Data and Digital Revolution ETF |
-0.21 |
|
Dimensional International High Profitability ETF |
-0.2 |
|
Dimensional International Small Cap Value ETF |
-0.2 |
|
Dimensional International Small Cap ETF |
-0.2 |
|
Dimensional US Small Cap Value ETF |
-0.2 |
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
-0.2 |
|
Sterling Capital Diverse Multi-Manager Active ETF |
-0.2 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.78 |
|
BondBloxx BB-Rated USD High Yield Corporate Bond ETF |
0.2 |
|
OneAscent Core Plus Bond ETF |
0.2 |
|
Simplify Tail Risk Strategy ETF |
0.19 |
|
Fidelity Sustainable Low Duration Bond ETF |
0.18 |
|
BondBloxx B-Rated USD High Yield Corporate Bond ETF |
0.17 |
|
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF |
0.17 |
|
Dynamic Short Short Term Volatility Futures ETF |
0.16 |
|
The Generation Z ETF |
0.16 |
|
WealthTrust DBS Long Term Growth ETF |
0.16 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Syntax Stratified Total Market II ETF |
-0.23 |
|
Dimensional International Core Equity 2 ETF |
-0.22 |
|
Dimensional Emerging Markets Value ETF |
-0.22 |
|
Pacer Data and Digital Revolution ETF |
-0.21 |
|
Dimensional International High Profitability ETF |
-0.2 |
|
Dimensional International Small Cap Value ETF |
-0.2 |
|
Dimensional International Small Cap ETF |
-0.2 |
|
Dimensional US Small Cap Value ETF |
-0.2 |
|
FT Cboe Vest Fund of Nasdaq-100 Buffer ETF |
-0.2 |
|
Sterling Capital Diverse Multi-Manager Active ETF |
-0.2 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.78 |
|
BondBloxx BB-Rated USD High Yield Corporate Bond ETF |
0.2 |
|
OneAscent Core Plus Bond ETF |
0.2 |
|
Simplify Tail Risk Strategy ETF |
0.19 |
|
Fidelity Sustainable Low Duration Bond ETF |
0.18 |
|
BondBloxx B-Rated USD High Yield Corporate Bond ETF |
0.17 |
|
BondBloxx CCC-Rated USD High Yield Corporate Bond ETF |
0.17 |
|
Dynamic Short Short Term Volatility Futures ETF |
0.16 |
|
The Generation Z ETF |
0.16 |
|
WealthTrust DBS Long Term Growth ETF |
0.16 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
iShares ESG Advanced MSCI USA ETF |
-0.28 |
|
Vanguard S&P 500 Growth ETF |
-0.28 |
|
Vanguard Growth ETF |
-0.28 |
|
Vanguard Russell 1000 Growth Index ETF |
-0.27 |
|
Harbor Long-Term Growers ETF |
-0.27 |
|
ClearBridge All Cap Growth ESG ETF |
0.01 |
|
Capital Group Growth ETF |
-0.07 |
|
UBC ALGORITHMIC FUNDAMENTALS ETF |
-0.06 |
|
Global X Millennial Consumer ETF |
-0.02 |
|
Vanguard Mega Cap Growth ETF |
-0.01 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
Hartford Large Cap Growth ETF |
0.29 |
|
Goldman Sachs Hedge IND VIP ETF |
0.25 |
|
Global X Guru Index ETF |
0.25 |
|
QRAFT AI Enhanced U.S. Large Cap Momentum ETF |
0.19 |
|
AI Quality Growth ETF |
0.18 |
|
GraniteShares XOUT U.S. Large Cap ETF |
0.01 |
|
Virtus Terranova U.S. Quality Momentum ETF |
0.04 |
|
The Generation Z ETF |
0.16 |
|
First Trust Dorsey Wright Focus 5 ETF |
0.06 |
|
First Trust Large Capital Growth AlphaDEX Fund |
0.06 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
American Century Focused Dynamic Growth ETF |
-0.13 |
|
Fidelity Blue Chip Growth ETF |
-0.13 |
|
ATAC US Rotation ETF |
-0.12 |
|
American Century Sustainable Growth ETF |
-0.12 |
|
Fidelity Magellan ETF |
-0.11 |
|
UBS AG London Branch |
-0.08 |
|
ERShares Entrepreneurs ETF |
-0.07 |
|
Fidelity Growth Opportunities ETF |
-0.05 |
|
Fidelity Momentum Factor ETF |
-0.08 |
|
iShares ESG Advanced MSCI USA ETF |
-0.02 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
The Generation Z ETF |
0.16 |
|
AdvisorShares Let Bob AI Powered Momentum ETF |
0.12 |
|
AI Quality Growth ETF |
0.12 |
|
ALGER 35 ETF |
0.11 |
|
Hartford Large Cap Growth ETF |
0.09 |
|
QRAFT AI Enhanced U.S. Large Cap Momentum ETF |
0.04 |
|
Invesco Dynamic Large Cap Growth ETF |
-0.02 |
|
AdvisorShares Dorsey Wright FSM All Cap World ETF |
0.07 |
|
Harbor Long-Term Growers ETF |
0.07 |
|
Invesco ESG NASDAQ 100 ETF |
0.07 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
American Century Focused Dynamic Growth ETF |
-0.12 |
|
UBS AG London Branch |
-0.09 |
|
Fidelity Momentum Factor ETF |
-0.09 |
|
Fidelity Blue Chip Growth ETF |
-0.08 |
|
The Future Fund Active ETF |
-0.08 |
|
ATAC US Rotation ETF |
-0.08 |
|
Fidelity Magellan ETF |
-0.08 |
|
Capital Group Growth ETF |
-0.07 |
|
AdvisorShares Gerber Kawasaki ETF |
-0.07 |
|
HCM Defender 100 Index ETF |
-0.07 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
The Generation Z ETF |
0.16 |
|
AdvisorShares Let Bob AI Powered Momentum ETF |
0.12 |
|
AI Quality Growth ETF |
0.12 |
|
ALGER 35 ETF |
0.11 |
|
AdvisorShares Dorsey Wright FSM US Core ETF |
0.09 |
|
Hartford Large Cap Growth ETF |
0.09 |
|
First Trust Large Capital Growth AlphaDEX Fund |
0.06 |
|
Harbor Long-Term Growers ETF |
0.07 |
|
Invesco ESG NASDAQ 100 ETF |
0.07 |
|
AdvisorShares Dorsey Wright FSM All Cap World ETF |
0.07 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
American Century Focused Dynamic Growth ETF |
-0.12 |
|
Fidelity Momentum Factor ETF |
-0.08 |
|
UBS AG London Branch |
-0.08 |
|
Fidelity Blue Chip Growth ETF |
-0.08 |
|
The Future Fund Active ETF |
-0.08 |
|
ATAC US Rotation ETF |
-0.08 |
|
Fidelity Magellan ETF |
-0.08 |
|
Capital Group Growth ETF |
-0.07 |
|
AdvisorShares Gerber Kawasaki ETF |
-0.07 |
|
HCM Defender 100 Index ETF |
-0.07 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
The Generation Z ETF |
0.16 |
|
AdvisorShares Let Bob AI Powered Momentum ETF |
0.12 |
|
AI Quality Growth ETF |
0.12 |
|
ALGER 35 ETF |
0.11 |
|
AdvisorShares Dorsey Wright FSM US Core ETF |
0.09 |
|
Hartford Large Cap Growth ETF |
0.09 |
|
Harbor Long-Term Growers ETF |
0.07 |
|
Invesco ESG NASDAQ 100 ETF |
0.07 |
|
AdvisorShares Dorsey Wright FSM All Cap World ETF |
0.07 |
|
First Trust Large Capital Growth AlphaDEX Fund |
0.06 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
IRIDEX Corporation |
-0.48 |
|
Atlas Air Worldwide Holdings, Inc. |
-0.46 |
|
U.S. Xpress Enterprises, Inc. |
-0.42 |
|
Eaton Vance National Municipal Opportunities Trust |
-0.42 |
|
Vericel Corporation |
-0.4 |
|
Comtech Telecommunications Corp. |
-0.01 |
|
Lightwave Logic, Inc. |
-0.02 |
|
Sonoma Pharmaceuticals, Inc. |
-0.03 |
|
Legato Merger Corp. II |
-0.12 |
|
TrueBlue, Inc. |
-0.02 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.79 |
|
Helen of Troy Limited |
0.54 |
|
InFinT Acquisition Corporation |
0.43 |
|
Ra Medical Systems, Inc. |
0.41 |
|
Forum Energy Technologies, Inc. |
0.39 |
|
Enerplus Corporation |
0.01 |
|
SPK Acquisition Corp. |
-0.04 |
|
Shift Technologies, Inc. |
0.03 |
|
Abercrombie & Fitch Co. |
0.03 |
|
Gabelli Convertible and Income Securities Fund Inc |
0.02 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Syntax Stratified Total Market II ETF |
-0.23 |
|
Jaguar Global Growth Corporation I |
-0.23 |
|
Evolus, Inc. |
-0.22 |
|
Direct Digital Holdings, Inc. |
-0.22 |
|
Dimensional International Core Equity 2 ETF |
-0.22 |
|
Donegal Group Inc. |
-0.04 |
|
Dimensional Emerging Markets Value ETF |
-0.22 |
|
Curtiss-Wright Corporation |
-0.04 |
|
Invesco Zacks Mid-Cap ETF |
-0.03 |
|
Commvault Systems, Inc. |
-0.04 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.85 |
|
Helen of Troy Limited |
0.26 |
|
Old National Bancorp |
0.26 |
|
Signal Hill Acquisition Corp. |
0.24 |
|
HilleVax, Inc. |
0.21 |
|
Pliant Therapeutics, Inc. |
0.15 |
|
Quanergy Systems, Inc. |
0.21 |
|
Nubia Brand International Corp. |
0.21 |
|
Nautilus Biotechnology, Inc. |
0.19 |
|
Genasys Inc. |
0.04 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Syntax Stratified Total Market II ETF |
-0.23 |
|
Jaguar Global Growth Corporation I |
-0.23 |
|
Direct Digital Holdings, Inc. |
-0.22 |
|
Dimensional International Core Equity 2 ETF |
-0.22 |
|
Dimensional Emerging Markets Value ETF |
-0.22 |
|
Pacer Data and Digital Revolution ETF |
-0.21 |
|
Dimensional International High Profitability ETF |
-0.2 |
|
Dimensional International Small Cap Value ETF |
-0.2 |
|
Dimensional International Small Cap ETF |
-0.2 |
|
Dimensional US Small Cap Value ETF |
-0.2 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.78 |
|
Old National Bancorp |
0.26 |
|
Signal Hill Acquisition Corp. |
0.24 |
|
HilleVax, Inc. |
0.21 |
|
Quanergy Systems, Inc. |
0.21 |
|
Nubia Brand International Corp. |
0.21 |
|
BondBloxx BB-Rated USD High Yield Corporate Bond ETF |
0.2 |
|
Alvotech |
0.2 |
|
OneAscent Core Plus Bond ETF |
0.2 |
|
LatAmGrowth SPAC |
0.2 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Syntax Stratified Total Market II ETF |
-0.23 |
|
Jaguar Global Growth Corporation I |
-0.23 |
|
Direct Digital Holdings, Inc. |
-0.22 |
|
Dimensional International Core Equity 2 ETF |
-0.22 |
|
Dimensional Emerging Markets Value ETF |
-0.22 |
|
Pacer Data and Digital Revolution ETF |
-0.21 |
|
Dimensional International High Profitability ETF |
-0.2 |
|
Dimensional International Small Cap Value ETF |
-0.2 |
|
Dimensional International Small Cap ETF |
-0.2 |
|
Dimensional US Small Cap Value ETF |
-0.2 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
Defiance Next Gen SPAC Derived ETF |
0.78 |
|
Old National Bancorp |
0.26 |
|
Signal Hill Acquisition Corp. |
0.24 |
|
HilleVax, Inc. |
0.21 |
|
Quanergy Systems, Inc. |
0.21 |
|
Nubia Brand International Corp. |
0.21 |
|
BondBloxx BB-Rated USD High Yield Corporate Bond ETF |
0.2 |
|
Alvotech |
0.2 |
|
OneAscent Core Plus Bond ETF |
0.2 |
|
LatAmGrowth SPAC |
0.2 |
Profile
- Sector:
- Large Growth
- Industry:
- Exchange Traded Funds
The fund uses a “passive management” approach to track the performance, before fees and expenses, of the index. The index utilizes a proprietary, quantitative Clone Score methodology developed by the fund’s index provider, to replicate the five most heavily weighted U.S. equity securities from each of the ten hedge funds and institutional investors with the highest Clone Scores. The Advisor attempts to invest all, or substantially all, of its assets in the component securities that make up the index.