Fairlead Tactical Sector ETF (TACK)
Fairlead Tactical Sector ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $32.60, up 0.39% on the session, giving a market capitalisation of $292.5M. Its beta of 0.93 implies it has historically moved less than the broad market.
This actively managed, diversified Exchange Traded Fund (ETF), known as TACK, typically dedicates more than 80% of its total net assets. These holdings are primarily channeled into passive domestic equity sector ETFs, complemented by investments in specialized ETFs that track gold and U.S. government bonds. The core investment methodology of the fund relies on a systematic technical analysis framework, which aims to identify significant market trends. TACK's range of permissible investments is limited to the sectors of the S&P 500, specifically those classifications established by the State Street series of SPDR ETFs.
Fairlead Tactical Sector ETF is most often compared with the following Financial Services names: