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Upturn AI Summary
Militia Long/Short Equity ETF(ORR)
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)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ORR
11/06/2026: ORR (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Militia Long/Short Equity ETF (ORR) is an actively managed fund that provides exposure to international equity growth while hedging with U.S.-focused short positions. It offers a unique hedge-fund-style strategy, though its potential is tempered by a high 10.91% expense ratio and non-diversified holdings. The fund is designed for tactical investors seeking to diversify beyond traditional long-only equity portfolios. Key risks include high operational costs, short-selling volatility, and concentration risk. Investors should monitor the fund's net performance relative to the costs of its strategy.
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 style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund's focus on international growth stocks provides exposure, but the short-selling strategy may dampen upside. |
| Momentum investor | Strong fit while signal remains positive | Active, high-turnover trading makes it suitable for investors who follow tactical, trend-based momentum signals. |
| Value investor | Mixed fit | While it seeks undervalued equities, the high expense ratio may erode long-term value-based returns. |
| Dividend/Income investor | Weak fit | The fund is structured for capital appreciation rather than income generation. |
| Low-risk investor | Weak fit | The high turnover, non-diversified nature, and short-selling strategy create significant volatility risk. |
Investor Profile
Ideal Investor Profile
Sophisticated retail investors seeking tactical, non-correlated exposure who are comfortable with high fees and active management.
Suitability
Best utilized as a small satellite holding for tactical portfolio diversification rather than a core long-term investment.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The high turnover and use of short positions lead to significant price swings. |
| Market risk | Medium / high | Exposure to global equity markets leaves the fund sensitive to systemic economic shifts. |
| Concentration | High | The fund is non-diversified with significant assets in top-10 holdings. |
| Tracking/expense | High | The 10.91% expense ratio significantly burdens investor returns. |
| Liquidity | Medium | Moderate trading volume can affect execution during large orders. |
| Business/sector quality | Medium | Reliance on specific foreign market cash flows creates unique fundamental risks. |
Risk Analysis
Volatility
ORR exhibits higher-than-average historical volatility due to its active long/short management style.
Market Risk
Primary risks include the systemic risk of global markets and the specific risk of short-selling U.S.-listed securities.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Developed Market Equities (International) | 81 | The majority of the portfolio is allocated to international developed markets to capture growth potential. |
| Industry | Industrials and Consumer Cyclicals | 18 | These sectors form the core of the fund's long equity selection strategy. |
| Derivatives | Short Equity Positions (U.S. Focused) | 1 | Short positions are utilized to hedge against declining U.S. companies and manage overall portfolio risk. |
Analysis of Past Performance
Type ETF | Historic Profit 24.45% | Avg. Invested days 59 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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