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New ETF FLYT

Posted: Mon Apr 27, 2020 4:04 pm
by jalanlong
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

Re: New ETF FLYT

Posted: Mon Apr 27, 2020 4:10 pm
by mathjak107
Interesting concept ... I am not a lover of betting the ranch on utilities for the equity portion ....they are far to interest rate sensitive and coupled with long term treasuries could be a mother not if but when rates trend up

Re: New ETF FLYT

Posted: Mon May 11, 2020 7:46 am
by mathjak107
i will say one thing .. this company has a poor success rate with their funds ... it looks like they tend to close fund after fund for whatever reasons selling investors out a losses