New ETF FLYT
Posted: Mon Apr 27, 2020 4:04 pm
I ran across this new ETF today and it has an interesting asset allocation I have never quite seen before. It mixes Utility stocks with LT Treasuries and Gold to create a safe haven ETF that actually outperforms the PP over the last 12 years (albeit with higher volatility). It definitely outperformed during 2008 and this year so far. Thought I would share.
https://www.direxion.com/products/direx ... rategy-etf
https://www.direxion.com/products/direx ... rategy-etf