Global X Adaptive Us Risk Management ETF (ONOF)

[chipboarder]

I set up this board to get comments for Global X Adaptive Risk Management ETF. This ETF attempts to time the market by tracking 4 simple parameters and moving between stocks and fixed income securities when the parameters reach a certaiin value. It trades under the symbol ONOF.

I own some and watched the ETF move from stocks 10 days ago then back to stocks today….it tracks the S&P 500 so it exited at 4700+/- and returned at 4575+/-. It rebought 3% lower than it exited so it seems to be working (once in a row). The ETF has existed since January and this is the first time it moved from stocks to fixed and back.

It’s an interesting concept but we all know it’s impossible to time the market consistently…..but….