Fairlead Tactical Sector ETF

Frequently Asked Questions About TACK

What does TACK invest in?

The fund is a diversified actively-managed ETF that under normal circumstances will invest more than 80% of the fund’s net assets in passive domestic equity sector ETFs and ETFs investing respectively in gold and U.S. Treasuries. The fund’s principal investment strategy will employ a systematic approach to technical analysis focused on the identification of important trends. The fund’s investable universe will consist of the sectors of the S&P 500, as defined by the State Street series of SPDR ETFs.

What is the expense ratio of TACK?

Fairlead Tactical Sector ETF (TACK) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TACK?

Fairlead Tactical Sector ETF (TACK) manages $274.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TACK actively managed or an index fund?

TACK is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (TACK's is 0.70%) because there's no security selection cost.

When was TACK launched?

Fairlead Tactical Sector ETF (TACK) launched in March 2022 and is managed by Fairlead.

How has TACK performed?

TACK's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.