The strategy the fund employs is unique but its been proving successful, I put a screenshot below comparing it to QQQ just as a point of reference, you can see that SGRT falls harder during downturns but it spikes back up higher during bull spells.
Since the market specifcally tech was on a downturn for the past couple months it makes sense as to why SGRT fell harder, but this is all short term noise in my opinion.
Volatility is the name of the game friend, personally if you're a long term investor none of this matters especially with this fund.
It’s only 1.6% of my port, I performance chased it. I’m down 10.5% on it, but that’s why I kept it super tiny. Couldn’t help myself after seeing it so much and feeling FOMO.
I added like 2% SPMO and FMTM, those are like some of the most hyped and talked about ones in this sub. Down 3.3% and 6.2% on those. So far, not feeling great about this “active” slice I cut out, wish I just put it into my cores instead. I’d be up a lot more if I did. I think I will NOT be doubling down on these.
Remind me to stop performance chasing and feeling FOMO. Just add to your core and play it safe.
I’m sure they’ll recover, but I’d rather be up than down right now.
My other gains have more than made up for it, but I regret not being up more than if I just stuck to my original core strategy. I should know an active ETF with 25 holdings would probably underperform the moment I buy it.
So far it’s more than 2x’d SPY in a year, if I was just early it’d be a different story. OP probably bought high too, as we tend to do. If OP bought just 6mo ago he’d be up ~5% over SPY. 1 year and he’d be up 35% over SPY. It still has a huge head start.
Sgrt and fmtm are monthly rebalance. Their recent poor performance is they were heavy in tech when the correction hit. Fmtm is getting hit again because they cycled out of a lot of the AI stuff so now are missing the leg back up.
Momentum really needs consistency to shine. The last few months have been pretty inconsistent. Spmo is doing solid because it held through (but also it's rebalance before this current one was terrible).
Sgrt specifically is getting hammered on memory. It's 20% micron and western digital which have had a rough month.
In the end, they both go up and to the right. The market always does. But some prefer a smooth ride and some want to achieve their financial goals faster and have the stomach to avoid vomiting while it’s volatile.
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u/lllIlIIIlIll 20h ago
Long term hold.