Over the past three years, PKW has posted an average November through December gain of 3.8%, outpacing the S&P 500 over that period in two of those three years.
The actively managed TrimTabs Float Shrink ETF (NYSEArca: TTFS), which recently turned three, has gained an average of 3.3% over the three November through December periods it has been around for.
Although buybacks are part of PKW’s “secret sauce,” the ETF emphasizes true float reduction and a company’s ability to generate free cash, not use debt, to finance share repurchases. TTFS is up 10% year-to-date. [Float Shrink ETF Comes of Age]
PowerShares Buyback Achievers Portfolio
Tom Lydon’s clients own shares of TTFS.