Tidal ETF Trust - ATAC Credit Rotation ETF (JOJO)

Overview

The ATAC Credit Rotation ETF (JOJO) is an actively managed ETF that seeks to provide total return by dynamically allocating its assets among various credit asset classes, including investment grade corporate bonds, high-yield corporate bonds, emerging market debt, and senior loans. The fund rotates its investments based on macroeconomic conditions and market trends.

Reputation and Reliability

Tidal ETF Services LLC is an ETF provider known for offering a variety of niche and innovative investment strategies. Their reputation is growing within the ETF space.

Management Expertise

The ETF is managed by ATAC Portfolio Solutions, a firm specializing in tactical asset allocation strategies. They have experience in managing credit-focused portfolios.

Goal

To achieve total return by dynamically allocating its assets among various credit asset classes.

Investment Approach and Strategy

Strategy: The ETF is actively managed, employing a credit rotation strategy based on macroeconomic factors and market analysis.

Composition The ETF holds a diversified portfolio of credit instruments, including corporate bonds (investment grade and high yield), emerging market debt, and senior loans.

Market Share: Insufficient data available to accurately determine current market share.

Total Net Assets (AUM): 34845289

Key Competitors

• HYG
• JNK
• LQD
• EMB

Competitive Landscape

The actively managed credit ETF market is competitive, with numerous passive and active strategies available. JOJO differentiates itself through its dynamic credit rotation strategy, aiming to outperform traditional fixed-income benchmarks. Advantages include tactical flexibility, while disadvantages may include higher expense ratios and reliance on the manager's skill.

Historical Performance: Historical performance data not available as of this output.

Benchmark Comparison: Benchmark comparison data not available as of this output.

Expense Ratio: 0.79

Average Trading Volume

Average trading volume for JOJO is relatively low, which can affect ease of entry and exit.

Bid-Ask Spread

The bid-ask spread for JOJO can be wider compared to more liquid ETFs, potentially increasing transaction costs.

Market Environment Factors

JOJO's performance is influenced by interest rate movements, credit spreads, economic growth, and geopolitical events. Changes in monetary policy and investor sentiment can significantly impact the value of its holdings.

Growth Trajectory

JOJO's growth trajectory depends on its ability to generate alpha through its credit rotation strategy. Changes to portfolio holdings and management's outlook will influence its future performance.

Competitive Edge

JOJO's primary competitive advantage is its active management and tactical credit rotation strategy, designed to adapt to changing market conditions. The ETF's flexibility allows it to potentially capitalize on opportunities in different credit sectors and mitigate risks. This active approach contrasts with passive, index-tracking ETFs, offering investors a more dynamic investment solution. The management team's expertise in credit markets is also a key differentiator.

Volatility

JOJO's volatility is dependent on the credit market conditions and the fund's active management style, which may lead to increased fluctuations relative to passive fixed income ETFs.

Market Risk

JOJO is exposed to credit risk (the risk of default by borrowers), interest rate risk (the risk of rising interest rates decreasing bond values), and liquidity risk (the risk of difficulty selling holdings quickly).

Ideal Investor Profile

The ideal investor for JOJO is someone seeking total return through active credit allocation, willing to accept a higher expense ratio for the potential for alpha generation.

Market Risk

JOJO may be suitable for investors seeking active management in their fixed income portfolio, particularly those with a moderate to high risk tolerance and a longer investment horizon.

The ATAC Credit Rotation ETF (JOJO) is an actively managed ETF aiming to provide total return by dynamically allocating assets among various credit asset classes. The ETFu2019s active management style allows it to adapt to changing market conditions, potentially outperforming passive fixed-income benchmarks. However, it is subject to higher expense ratios and depends on the management's skill. JOJO is suited for investors seeking active credit allocation and willing to accept moderate risk for the potential of greater returns.

Data Sources:

• ETF.com
• Morningstar
• Tidal ETF Trust Website

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market conditions and ETF characteristics can change rapidly. Consult a financial advisor before making investment decisions.