Key stats
About Relative Sentiment Tactical Allocation ETF
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Inception date
May 19, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Empowered Funds LLC
Distributor
Quasar Distributors LLC
MOOD considers the difference in sentiment between institutional and retail investors, or relative sentiment, to manage a multi-asset portfolio of equities, bonds, and gold. To assess investor sentiment, the fund adviser uses public and third-party data sources and applies four indicators, three reflective of relative sentiment (position-based, survey-based, and cross asset), and the last one indicative of retail macro sentiment. To determine allocation to equity ETFs, the adviser takes the average of the four indicators. The remainder of the portfolio is allocated to fixed income ETFs including TIPS, and in some instances, gold ETPs. The fund may invest in gold if US dollar relative sentiment and Federal Reserve policy sentiment meet bearish parameters. The adviser typically allocates non-equity holdings evenly between bonds and gold, with an allocation limit of 20% in gold. Indicators are computed weekly, except for surveys, but rebalancing is done at the discretion of the adviser.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.85%
Mutual fund0.17%
Cash−0.02%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MOOD top holdings are Vanguard FTSE Developed Markets ETF and Vanguard Total Stock Market ETF, occupying 26.82% and 16.09% of the portfolio correspondingly.
MOOD last dividends amounted to 0.39 USD. The year before, the issuer paid 0.36 USD in dividends, which shows a 9.19% increase.
MOOD assets under management is 35.16 M USD. It's fallen 0.17% over the last month.
MOOD fund flows account for 15.04 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MOOD pays dividends to its holders with the dividend yield of 1.18%. The last dividend (Dec 31, 2024) amounted to 0.39 USD. The dividends are paid annually.
MOOD shares are issued by Empirical Finance LLC under the brand Relative Sentiment. The ETF was launched on May 19, 2022, and its management style is Active.
MOOD expense ratio is 0.72% meaning you'd have to pay 0.72% of your investment to help manage the fund.
MOOD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MOOD invests in funds.
MOOD price has risen by 1.43% over the last month, and its yearly performance shows a 12.86% increase. See more dynamics on MOOD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.58% over the last month, showed a 8.33% increase in three-month performance and has increased by 14.52% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.58% over the last month, showed a 8.33% increase in three-month performance and has increased by 14.52% in a year.
MOOD trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.