New ETF Follows Trends to Diversification

TUTT’s strategies include “an S&P 500 Momentum Model, which works to track the S&P 500 when it is trending upwards, a Relative Strength Equity Model, which will weight towards a sector based on its relative strength, a Beta Opportunities Model, which will allocate assets using methods other than market capitalization and as well allocate to low-risk instruments during a downtrend, and a counter trend model which looks to buy into market weakness and sell into market strength,” according to a statement.

The new ETF’s current holdings include the ALPS Sector Dividend Dogs ETF (NYSEArca: SDOG), Direxion Daily S&P 500 Bull 3X Shares (NYSEArca: SPXL), First Trust US IPO Index Fund (NYSEArca: FPX) and the PIMCO Enhanced Short Maturity ETF (NYSEArca: MINT).

TUTT charges 1.34% per year.

ETF Trends editorial team contributed to this post.