FYI: Target-outcome ETFs, which attempt to deliver a specified return no matter what the market is doing, are designed to keep investors on track with their goals, whatever those may be. But when the market tanks, some target-outcome ETFs work better than others.
In fact, of the 55 target-outcome ETFs, only one fund is ending the year in positive territory: the $32 million Cambria Tail Risk ETF (TAIL).
Over the past 12 months, TAIL is up 11%. Meanwhile, its next nearest competitor, the $106 million WBI BullBear Global Income ETF (WBII), is down 1%.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-tail-risk-fund-flying-highM* Snapshot TAIL:
https://www.morningstar.com/etfs/BATS/TAIL/quote.html