TACK

Fairlead Tactical Sector ETF

$29.57

+0.00%

Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The Fairlead Tactical Sector ETF (TACK) seeks to provide exposure to sectors of the U.S. equity market that exhibit the strongest momentum and technical trends.

Overview

ETF tracking Fairlead Tactical Sector ETF

Category Sector Rotation

Issuer Other

Inception Date 2022-03-23

Market Cap $272.7M

Average Volume N/A

Dividend Yield 1.22%

52-Week Range $24.72 - $30.52

VWAP $29.64

Performance

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Investment Summary

📎 Investment Objective

The Fairlead Tactical Sector ETF (TACK) seeks to provide exposure to sectors of the U.S. equity market that exhibit the strongest momentum and technical trends.

🎯 Investment Strategy

The fund uses a proprietary, rules-based model to analyze market conditions and rotate exposure among various sector ETFs, including technology, healthcare, consumer discretionary, and others. The goal is to capitalize on the sectors with the strongest upward momentum while avoiding those with weaker technical trends.

✨ Key Features

Actively managed sector rotation strategy
Aims to identify and invest in the strongest performing sectors
Seeks to avoid sectors with weaker technical momentum
Potentially more volatile than a broad market index fund

⚠️ Primary Risks

Sector concentration risk - the fund's performance is tied to the performance of specific sectors
Market risk - the value of the fund's holdings may decline due to general market conditions
Momentum investing risk - the fund's strategy may not be successful in identifying sectors with the strongest momentum
Liquidity risk - the fund may have difficulty trading certain securities at an advantageous time and price

👤 Best For

The Fairlead Tactical Sector ETF may be suitable for investors seeking sector-specific exposure and the potential to outperform the broader market through active management. However, the fund's concentrated sector approach and momentum-based strategy make it a higher-risk investment, so it is best suited for investors with a higher risk tolerance and a longer investment horizon.