ALTL is a market-timing ETF alternating between high-beta and low-volatility strategies, represented by SPHB and SPLV, based on a proprietary relative strength signal. Since its inception, it's substantially lagged behind SPY, logging an unimpressive 42% win rate over the last 50 months. ALTL has done little to justify its 0.61% expense ratio. Besides the poor win rate, SPHB and SPLV are sub-optimal single-factor choices that come with significant growth and quality sacrifices.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| IL Ian Laterreur Ergawealth Advisors Inc. | 11,664 | $430,986.57 | $550,832.4 | $119,845.83 | 27.81% |
| RFL Rossby Financial LLC Rossby Financial LLC | 49 | $2,107 | $2,267.23 | $160.23 | 7.6% |
| ARCA Exchange | US Country |
The described entity appears to be a financial investment fund that focuses on investing in large-capitalization U.S. companies. Its investment strategy is governed by an objective, rules-based methodology, which seeks to provide investors with exposure to leading large-cap entities within the U.S. equity market. The fund typically directs at least 80% of its net assets, in addition to any funds borrowed for investment purposes, towards securities of these large-cap companies. It also emphasizes that it operates as a non-diversified fund, indicating a concentration of investments in a smaller number of companies compared to diversified funds, which can increase the potential for both risk and return.
This service involves investing primarily in large-capitalization companies based in the United States. The selection of companies is guided by a stringent, rules-based methodology that aims to ensure investments are made in significant, well-established firms with a strong market presence. This approach is designed to capitalize on the growth potential and stability of large-cap companies.
A foundational aspect of the fund's operation is its reliance on an objective, rules-based strategy for selecting investments. This strategy is constructed to minimize subjective decision-making and bias by adhering to a predetermined set of criteria for investment. It ensures that the fund's portfolio is built and maintained based on quantifiable, transparent standards.