Key stats
About ATAC Credit Rotation ETF
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Inception date
Jul 15, 2021
Structure
Open-Ended Fund
Replication method
Physical
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.
Related funds
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.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JOJO trades at 15.52 USD today, its price has risen 1.41% in the past 24 hours. Track more dynamics on JOJO price chart.
JOJO net asset value is 15.52 today — it's risen 3.04% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JOJO assets under management is 7.66 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JOJO price has risen by 3.36% over the last month, and its yearly performance shows a 5.98% increase. See more dynamics on JOJO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.04% over the last month, showed a 6.04% increase in three-month performance and has increased by 12.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.04% over the last month, showed a 6.04% increase in three-month performance and has increased by 12.26% in a year.
JOJO fund flows account for 4.71 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JOJO invests in funds. See more details in our Analysis section.
JOJO expense ratio is 1.24%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JOJO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JOJO technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JOJO shows the buy signal. See more of JOJO technicals for a more comprehensive analysis.
Today, JOJO technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JOJO shows the buy signal. See more of JOJO technicals for a more comprehensive analysis.
Yes, JOJO pays dividends to its holders with the dividend yield of 4.76%.
JOJO trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JOJO shares are issued by Toroso Investments Topco LLC
JOJO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 15, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.