Zacks Earnings Consistent Portfolio (ZECP)

ZECP: Expensive And Lacking Firepower

ZECP selects 50–120 stocks with a long history of posting consistent earnings results. The strategy might appeal to defensive investors looking for positive performance even in down markets. Unfortunately, the Fund's earnings consistency mandate also means fast-growing companies are excluded. While acceptable to risk-averse investors, its valuation ratios are barely better than S&P 500 Index ETFs like SPY. Zacks Earnings Consistent Portfolio ETF's fundamental problems come against the backdrop of an excessive 0.55% expense ratio, which is net of a 0.34% waiver that can be terminated with 60 days notice.