DUDE Merlyn.AI SectorSurfer Momentum ETF
DUDE Fund Description
DUDE is a fund-of-funds that is passively managed to track an index that shifts strategies during times of bull and bear markets. The fund uses an algorithmic indicator that utilizes momentum and other technical factors to assess market risk.
DUDE Factset Analytics Insight
DUDE tracks an index that shifts its investment strategies during times of market decline. The fund uses their algorithmic “Bull/Bear” indicator that utilizes price-trend, market momentum, value sentiment, and market volatility to assess market conditions. It maintains the “bull” condition during times of advancing markets, and the “bear” condition during decline. During bull markets, the index selects six thematic ETFs (four sectors and two geopolitical sectors) that approximate the 70/30 domestic/foreign equities ratio of an aggressive portfolio. In bear markets, the fund selects at least four momentum leaders from among a broad selection of bond, treasury, and gold safe-harbor ETFs. The fund does not use inverse and leveraged ETFs. The index is normally evaluated monthly, but the bull/bear indicator can be activated anytime when excess market volatility is experienced. Prior to June 1, 2022, the index name was MAI SectorSurfer Momentum Index.
DUDE Summary Data
DUDE Portfolio Data
DUDE Index Data
DUDE Fund Structure
DUDE Tax Exposures
DUDE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DUDE. DUDE is rated a N/A out of 5.