Summary
- ONOF seeks to provide a risk management solution by employing four technical indicators to dictate whether the Fund is participating in the US equity markets or in a defensive stance in short term treasuries by tracking the Adaptive Wealth Strategies US Risk Management Index.
- ONOF’s position remained invested in US equities in early December, maintaining its position from the end of the prior month.
- In 2022, ONOF’s 1-year return ending on December 31, 2022 was -11.89%, compared to the S&P 500 Index’s return of -18.13% over the same period.
For further details see:
Global X Adaptive U.S. Risk Management ETF (ONOF): December 2022 Report