IDRV - IDRV: Differentiating Between The Short- And Long-Term Opportunity

• Since my previous article, IDRV has lost ~31% vs. a loss of ~22% for the S&P 500 and has underperformed the US market.
• In the face of rising interest rates, I believe it's important for investors to distinguish between the short and long-term benefits of owning IDRV.
• The fund invests nearly half of its assets in cyclical industries such as automakers, which makes it vulnerable to an economic downturn.
• If you believe the recession risks are real, I personally think it's better to avoid cyclical stocks since they generally tend to increase the portfolio's volatility, as well as drawdowns.

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