DWATArrow DWA Tactical ETF
DWAT Fund Description
DWAT is an actively managed multi-asset fund-of-funds that primarily aims for capital appreciation with capital preservation as its secondary objective.
DWAT Factset Analytics Insight
DWAT charges 152 bps—almost 5x more than its cheapest competitor—for an active asset allocation exposure. The fund is an ETF-of-ETFs, so the expense ratio includes hefty acquired fund fees. DWAT invests in equity, fixed-income and alternative ETFs, with wide latitude regarding how much to invest in each asset class. It can also dabble into commodities through its Cayman Island subsidiary. Primarily, DWAT tries to achieve capital appreciation through equity exposure and uses fixed-income securities to achieve its secondary objective of capital preservation. The fund manager will use Dorsey Wright’s Relative Strength Global Macro model to select and weight holdings. In short, DWAT is a momentum-based, go-anywhere-and-do-anything asset allocation fund. Competing asset allocation ETFs lack liquidity, so trade the fund with caution.
DWAT Charts And Performance
DWAT Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DWAT. DWAT is rated a 1 out of 5.