The Nightview ETF(NITE)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$39.14
10/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for NITE

10/28/2026: NITE (2-star) is currently NOT-A-BUY. Pass it for now.

The Nightview ETF (NITE) provides a specialized, rules-based approach to equity market investing by capturing price appreciation specifically during the overnight session. By systematically holding equity exposure while the market is closed, it aims to exploit a well-documented market anomaly that has historically favored overnight returns. While it offers a unique tool for tactical portfolios, investors must weigh its higher expense ratio and lower liquidity against its potential for alpha. The primary risks involve the concentration of exposure into a single session and the potential for the overnight return premium to diminish over time. It is best suited for active, sophisticated investors looking to augment a traditional portfolio with non-correlated return sources.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitIt offers growth potential but ignores the majority of the trading day's price movement.
Momentum investorStrong fit while signal remains positiveIt capitalizes on price momentum that frequently manifests during the overnight window.
Value investorWeak fitThe strategy is tactical and quantitative rather than based on fundamental valuation metrics.
Dividend/Income investorWeak fitThe fund focuses on price appreciation through tactical timing rather than income generation.
Low-risk investorWeak fitThe concentrated, timing-based strategy involves significant tracking error relative to a total market holding.

Investor Profile

Ideal Investor Profile

Sophisticated retail or institutional investors seeking tactical exposure to a specific equity market anomaly.

Suitability

Best suited for active investors who understand the quantitative nature of the night effect and are comfortable with a non-traditional equity strategy.

Risk Profile

Risk factorLevelWhy it matters
VolatilityMedium / highOvernight price gaps can be sharp and reactive to breaking news.
Market riskHighThe fund is fully exposed to equity market direction during the hours it is invested.
ConcentrationHighThe portfolio is concentrated in the overnight session of the US equity market.
Tracking/expenseMediumManagement fees and trading costs impact net performance compared to a static index.
LiquidityMediumLower average daily volume can make entry and exit more expensive for larger positions.
Business/sector qualityMediumThe strategy is dependent on the persistence of the overnight anomaly.

Risk Analysis

Volatility

NITE exhibits volatility driven by the overnight gap risk, which can differ significantly from daytime price action.

Market Risk

The fund holds full equity exposure during the night session, making it vulnerable to negative overnight news cycles.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
Equity | US Large CapS&P 500 Index Exposure (held overnight)100The fund captures market movement between the previous day's close and the current day's open.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type ETF
Historic Profit 16.47%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
ETF Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/28/2026
Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.