ENAV Mohr Sector Navigator ETF
What is ENAV?
ENAV is an actively managed fund that tactically invests across US market sectors.
ENAV Factset Analytics Insight
ENAV seeks to allocate exposure across the 11 sectors in the S&P 500 by investing in passively managed, sector-specific ETFs. The fund adviser analyzes a sector’s potential for attractive risk-adjusted returns by utilizing quantitative data, including the price movement of a sector. Each sector represents a sleeve of the fund. If the data indicates a positive market signal for a sector, the fund invests in a sector-specific ETF. But if the signal is either neutral or negative, the sleeve will be invested instead in an S&P 500 ETF or a money market fund, respectively. On each rebalancing, the fund equally weights the 11 sector sleeves. The adviser considers rebalancing when a sector sleeve reaches 12% and will rebalance before a sector sleeve reaches 20% allocation. To determine which ETF to purchase for a particular sleeve, the adviser considers ETF liquidity, fees, and expenses. The fund is suited for investors looking for long-term growth and who can tolerate large principal value fluctuations.
ENAV Portfolio Data
ENAV Index Data
ENAV Portfolio Management
ENAV Tax Exposures
ENAV Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ENAV. ENAV is rated a N/A out of 5.
ENAV Sector/Industry Breakdown
ENAV Top 10 Holdings
ENAV Performance Statistics
ENAV Benchmark Comparison Summary
ENAV Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.