This ETF offers exposure to a number of different asset classes, relying on a tactical allocation strategy that strives to rotate between high risk and low risk assets based on the manager's view of the outlook for various markets. MATH maintains considerable flexibility; this ETF can go from 100% equity to 100% fixed income and cash depending on market conditions. As such, MATH could potentially be used as a way of establishing a broad-based portfolio through a single ticker; those who believe that the methodology employed is consistent with their long term return objectives and risk tolerance may be happy to allocate the majority of their assets here. Alternatively, MATH could be used as a satellite holding for more risk tolerant investors looking to minimize the downside of their portfolio. This ETF relies heavily on relative strength and moving averages to determine which asset classes are most appealing in the current environment. As an actively-managed product, MATH maintains the flexibility to quickly shift exposure in changing environments, which some investors may find quite appealing. But the hefty expenses must also be taken into consideration; MATH costs quite a bit more than other ETFs in the Diversified Portfolio ETFdb Category, meaning that this fund must consistently generate alpha just to break even relative to the competition (because MATH is an ETF of ETFs, there is an additional layer of fees). Another intriguing option may be GTAA, which also offers exposure to a wide variety of asset classes based on a quant-based methodology.
The adjacent table gives investors an individual Realtime Rating for MATH on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Diversified Portfolio with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
|U.S. Listed Stocks||57.62%|
|ETF Cash Component||40.99%|
|ETF Cash Component||40.99%|
|Developed Markets (ex-US)||1.38%|
This ETF is not currently available for commission free trading on any platforms.
There are 11 other ETFs in the Diversified Portfolio ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of MATH relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.