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UTRN - UTRN: A Powerhouse Large-Cap ETF That Does Something Different
Vesper US Large Cap Short-Term Reversal Strategy
One of the freshest funds to cross my desk in a very long while is the Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN). I love the ticker as well. Cute.
What does UTRN do that is so different than the rest? Why should you consider adding this to your portfolio?
Vesper U.S. Large Cap Short-Term Reversal Strategy ETF
UTRN generates alpha by trading short-term reversals. The fund essentially buys big stocks that are making sharp short-term pullbacks. History bears out that stocks which fall the hardest over the past week have