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See exactly how GDMA's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for GDMA and 80,000+ other tickers.
GDMA holds around 80% of its assets in a core, strategic sleeve that seeks diversified exposure to a variety of geographies, sectors, and asset classes (including equity, currencies, fixed income, real estate, or commodities). The remaining 20% is invested in a tactical sleeve that seeks to take advantage of short-term opportunities and need not be diversified. The fund does not pick individual holdings each sleeve tracks one or more indexes, either directly or by holding other ETFs or derivatives. These underlying indexes may be factor-based. The fund can also hold inverse or leveraged ETFs…
Gadsden Dynamic Multi-Asset ETF is an actively managed fund focused on total return via tactical asset allocation with high turnover (661%). GDMA currently has 70% of its assets in ETFs holding or emulating short-term debt securities. GDMA delivers strong risk-adjusted performance compared to key competitors over the past six years.
GDMA has a very contemporary approach to allocating assets. Frankly, it is one very close to what I did as a manager for decades. However, the ETF's limited history has been long enough to create "reasonable doubt" about whether its managers can consistently protect capital. In 2020's flash decline, they didn't.
Meanwhile, several funds had changes to their indexes, names or expense ratios.
A reader asked for my thoughts on GDMA. GDMA is a multi-asset class actively-managed ETF.
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