• @[email protected]
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      2 months ago

      Just because an ETF exists doesn’t mean it’s a good investment. ETF sponsors make a percentage based on assets under management. It doesn’t matter if they make money, just that you invest. Kind of like a salesperson working on commission.

      I would say the fact that there’s only a few managers using this strategy means it doesn’t work.

      • @disguy_ovahea
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        12 months ago

        Fair point. It’s also too new for us to truly gauge its success. I guess we’ll know in six months.

        • @[email protected]
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          12 months ago

          These investment ideas aren’t new. This information has been available publicly for a long time. It doesn’t give you any benefits above a normal index fund.

        • @[email protected]
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          12 months ago

          Isn’t that article a year old already? It looks like NANC outperforms the market sind it started.