JOJOATAC Credit Rotation ETF
JOJO Fund Description
JOJO is an actively managed fund-of-funds that toggles between corporate high-yield bonds and US Treasurys, depending on the utilities sector’s performance relative to the US large-cap market.
JOJO Factset Analytics Insight
JOJO is an actively managed to utilize a systematic risk management and rules-based strategy to toggle between corporate high-yield bonds and long-duration US Treasury securities depending on the utilities sector’s performance relative to the US large-cap stock market. The fund invests in ETFs based the ATAC Credit-On/Credit-Off Index that performs evaluations of the market performance of the utilities sector by comparing the performance of two ETFs—XLU and SPY. The Adviser believes that the utilities sector’s movements is a precursor of major credit spread widening, as the stocks historically outperformed the broader stock market ahead of high-volatility environments. The fund will invest in high-yield ETFs when utilities stocks are underperforming (Credit-On) or US Treasury ETFs when the same stocks are outperforming (Credit-Off) the broader market. As the index is evaluated weekly, the fund may engage in active and frequent trading that may lead to high portfolio turnover rate.
JOJO Portfolio Data
JOJO Index Data
JOJO Portfolio Management
JOJO Tax Exposures
JOJO Fund Structure
JOJO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JOJO. JOJO is rated a N/A out of 5.
JOJO Top 10 Holdings
JOJO Performance Statistics
JOJO Holdings Statistics
JOJO Avg Life Maturity Distribution
JOJO OAS Breakdown
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.