ETF Tendencies CEO Tom Lydon mentioned the Arrow DWA Tactical Worldwide ETF (DWCR) on this week’s “
ETF Tendencies CEO Tom Lydon mentioned the Arrow DWA Tactical Worldwide ETF (DWCR) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Present.
DWCR seeks long-term capital appreciation that corresponds typically to the efficiency, earlier than charges and bills, of the Dorsey Wright Nation and Inventory Momentum Index. The index is constructed pursuant to Dorsey, Wright & Associates’ proprietary methodology. The index has a relative power focus that appears for the 10 strongest performing international locations amongst a universe of 41 international locations. As soon as the nation is recognized, the index methodology is designed to determine 10 firms that reveal highly effective relative power traits inside that nation. The fund and the index are equally weighted and rebalanced and reconstituted quarterly.
“It is a momentum fund and it picks shares in particular person international locations when these international locations are usually doing nicely, particularly these shares inside these international locations,” Lydon stated. “While you take a look at our present atmosphere, and as we glance into 2021 and never simply within the U.S. however the world over, issues begin to open up, there’s going to be international locations which can be doing a bit of bit higher than others.”
Lydon famous that some international locations like China have recovered higher already.
“Areas like northern Europe have finished a greater job than southern Europe,” he stated. “And guess what, the shares inside these international locations have finished higher. In case you are feeling optimistic about vaccines coming in world wide, international financial restoration and shares doing higher, particularly exterior of the U.S., that is one thing to contemplate.”
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