2024-05-29 02:57:18 ET
Summary
- The Fairlead Tactical Sector Fund ETF systematically applies technical analysis to allocate between sector ETFs and defensive assets.
- TACK was able to effectively limit drawdowns during the 2022 bear market. However, since markets turned higher in 2023, the Fund has underperformed significantly due to its strategy lag.
- Investors looking for funds that protect against major drawdowns while offering decent upside participation may want to consider the HELO ETF.
About a year ago, I wrote an initiating article reviewing the Fairlead Tactical Sector ETF ( TACK ). I was cautious regarding the fund's strategy, as TACK's "systematic technical model" is novel and untested....
Read the full article on Seeking Alpha
For further details see:
TACK: Underperformance Due To Strategy Lag