Key stats
About ATAC Credit Rotation ETF
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Inception date
Jul 15, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
JOJO is an actively managed to utilize a systematic risk management and rules-based strategy to toggle between corporate high-yield bonds and long-duration US Treasury securities depending on the utilities sectors performance relative to the US large-cap stock market. The fund invests in ETFs based the ATAC Credit-On/Credit-Off Index that performs evaluations of the market performance of the utilities sector by comparing the performance of two ETFsXLU and SPY. The Adviser believes that the utilities sectors movements is a precursor of major credit spread widening, as the stocks historically outperformed the broader stock market ahead of high-volatility environments. The fund will invest in high-yield ETFs when utilities stocks are underperforming (Credit-On) or US Treasury ETFs when the same stocks are outperforming (Credit-Off) the broader market. As the index is evaluated weekly, the fund may engage in active and frequent trading that may lead to high portfolio turnover rate.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.