Evan Harp interviewed Anova Management's Bob Coakley ahead of the Exchange conference, happening March 15 through 18 in Las Vegas. Evan Harp: Tell us about your practice.
EMPB ETF has outperformed the S&P 500 by 10%, showcasing resilience during market shocks and rapid recoveries. The fund's unique, systematic long/short sector approach delivers robust, repeatable results in volatile environments. EMPB's ability to sidestep downturns and capture rallies sets it apart from traditional asset managers focused on asset gathering.
Wayne Penello's EMPB ETF, leveraging systematic methodology, has outperformed during recent market volatility, showing a return of -0.2% vs. S&P 500's -13%. The fund's main insight is that relative strength at the sector level and at the asset class level is far more robust than relative strength for individual companies. Despite its success, EMPB's AUM remains under $10 million, highlighting the industry's asset-gathering focus over market-beating returns.
On Thursday, the Efficient Market Portfolio Plus ETF (EMPB) launched on the NYSE Arca. EMPB is an actively managed fund with a total net expense ratio of 2.21%.