Skip to Content
ETFs

Fairlead Tactical Sector ETF

TACK
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 23 2022
Expense Ratio
0.76%
Type
US Diversified
Fund Owner
Fairlead Strategies
Volume (1m avg. daily)
$518,639
AUM
$224,250,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
17.14%
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
17.05%
SPTL
SSgA Active Trust - SPDR Portfolio Long Term Treasury ETF
16.24%
XLC
SSgA Active Trust - Communication Services Select Sector SPDR Fund
12.54%
XLK
SSgA Active Trust - Technology Select Sector SPDR ETF
12.21%
XLY
SSgA Active Trust - Consumer Discretionary Select Sector SPDR
12.20%
XLI
SSgA Active Trust - Industrial Select Sector SPDR
11.95%
n/a
US DOLLARS
0.68%
n/a
Derivatives offset
0.00%
Invest with TACK

What is TACK?

The Fund is a diversified actively managed exchange-traded fund (ETF) that under normal circumstances will invest more than 80% of the Fund's net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Treasuries.

ETFs related toTACK

ETFs correlated to TACK include GJUL, XAUG, AUGW

TACK
Capitol Series Trust - Fairlead Tactical Sector ETF
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
AUGW
AIM ETF Products Trust - AllianzIM U.S. Large Cap Buffer20 Aug ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
CVRD
Madison ETFs Trust - Madison Covered Call ETF
TJUL
Innovator ETFs Trust - Innovator Equity Defined Protection ETF - 2 Yr to July 2025
RPAR
Tidal ETF Trust - RPAR Risk Parity ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

TACK is a US Diversified ETF. The Fund is a diversified actively managed exchange-traded fund (ETF) that under normal circumstances will invest more than 80% of the Fund's net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Treasuries.

Yes, TACK is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, TACK is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on TACK is -0.0133%. This is the percent change in the value of TACK over the most recent 1-month period. The 3-month return on TACK is -0.0305%. This is the percent change in the value of TACK over the most recent 3-month period.

The standard deviation of TACK for the past year is 0.1%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to TACK include AOR, DRSK, and FPEI.

ETFs correlated to TACK include GJUL, XAUG, and AUGW.

ETFs that are inversely correlated to TACK include PST, TBX, and TBF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.