“In traditional long-only strategies, investors are at risk of exposure to long bear markets. In times of increased volatility and bear cycles, GMOM shifts investors into potentially less volatile assets like cash and bonds when the high momentum ETFs are trading below their long-term trend metrics,” said Cambria in the statement.
GMOM is the second new ETF introduced by Cambria this year following the Cambria Global Value ETF (NYSEArca: GVAL), which debuted in March. [Cambria Adds Global Value ETF]
Cambria Global Momentum ETF Asset Allocation and Top Holdings
ETF Trends editorial team contributed to this article. Tom Lydon’s clients own shares of TLT.