IN NOVEMBER The chart reflects market prices (MKT). The fund’s expense ratio is 2.62%, which includes estimated dividends and interest expense on short positions. If this were excluded, the expense ratio would be 1.15%. The fund's inception was 4/2/2024. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or

As AI-Theme Continues The chart reflects market prices (MKT). The fund’s expense ratio is 2.62%, which includes estimated dividends and...

Strength Seen from the Bottom Up In This Update Market Recovery and Volatility: The market has shown resilience, rebounding from a steep...

Difficulties in Shorting In This Update Speculative Trading Surge: July saw a dramatic rise in speculative trading, complicating the...

As Geopolotics Disrupts Markets The chart reflects market prices ("MKT"). The fund’s expense ratio is 1.58%, which includes estimated...

Despite Sharp Market Gyrations The chart reflects market prices ("MKT"). The fund’s expense ratio is 1.58%, which includes estimated...

Fund Gained During Market Volatility The chart reflects market prices ("MKT"). The fund’s expense ratio is 1.58%, which includes...

Extreme Sector Rotation Observed In This Update Enhanced Clustering: Our revised clustering methodology, briefly mentioned last month,...

Prioritizing Cluster Enhancements Slipping from a strong start to the year of roughly +6.5% to down -2.04% (-1.84% relative to NAV) by...

Since the August 5th Market Lows EHLS & Indices Since August Low The fund’s expense ratio is 1.58%, which includes estimated dividends...

Despite Launching Nine Months Ago EHLS Performance Since Launch The fund’s expense ratio is 1.58%, which includes estimated dividends and...

Outperforming the S&P 500 by a wide margin Explore our newly released fact sheet for a closer look at the November month-end portfolio...