MFUT

Cambria Chesapeake Pure Trend ETF

$15.63
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Cambria Chesapeake Pure Trend ETF seeks to provide exposure to stocks exhibiting positive long-term momentum trends.

Overview

ETF tracking Cambria Chesapeake Pure Trend ETF

Category Thematic
Issuer Other
Inception Date 2024-05-29
Market Cap $22.3M
Average Volume N/A
Dividend Yield 0.35%
52-Week Range $14.14 - $16.95
VWAP $15.66

Performance

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Investment Summary

📎 Investment Objective

The Cambria Chesapeake Pure Trend ETF seeks to provide exposure to stocks exhibiting positive long-term momentum trends.

🎯 Investment Strategy

The fund uses a quantitative model to identify US-listed stocks with positive long-term price momentum. It aims to capture the potential returns from investing in stocks demonstrating persistent upward price trends.

✨ Key Features

  • Focuses on US stocks with positive long-term price momentum
  • Utilizes a quantitative model to identify stocks exhibiting persistent upward trends
  • Seeks to provide exposure to the potential returns from investing in stocks with positive momentum
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific investment strategy
  • Potential for higher volatility compared to the broader market due to momentum-based investing
  • Reliance on the effectiveness of the quantitative model to identify suitable stocks
  • Lack of long-term performance history to evaluate the fund's track record

👤 Best For

The Cambria Chesapeake Pure Trend ETF may be suitable for investors seeking exposure to US stocks with positive long-term momentum, as part of a diversified portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to potentially benefit from the fund's momentum-based strategy.