Militia Long/Short Equity ETF (ORR): ETF
ETF traded on XNAS under symbol ORR. Quoted in usd.
Militia Long/Short Equity ETF
The Militia Long/Short Equity ETF, identified by the symbol ORR, is an actively managed investment vehicle designed to achieve capital appreciation. It employs a dual strategy, taking both long and short positions in equities. For its long-term holdings, the fund primarily focuses on stocks in developed markets that are either deemed undervalued or possess substantial growth potential. ORR has the flexibility to commit capital exceeding 100% of its net asset value to these long positions, typically up to a maximum of 150%. Conversely, its short selling strategy concentrates on U.S.-listed companies and exchange-traded funds whose valuations are anticipated to decline, often driven by unfavorable future cash flow projections. The fund can allocate up to 100% of its portfolio to short exposures and may utilize instruments like inverse or leveraged ETFs within this segment. Due to its dynamic management approach, ORR frequently adjusts its holdings, leading to a high annual portfolio turnover rate. Furthermore, the portfolio has the option to mitigate certain risks by shorting foreign currencies through the use of currency forward contracts.
Largest holdings
- Cash & Other28.48%
- 9435.T Hikari Tsushin Inc12.10%
- AX Axos Financial Inc6.28%
- 7453.T Ryohin Keikaku Co Ltd4.35%
- GMEXICOB.MX Grupo Mexico SAB de CV3.62%
- ET Energy Transfer LP3.18%
- CSWC Capital Southwest Corp2.45%
- WES Western Midstream Partners LP2.28%
- First American Government Obligations Fund 12/01/20311.94%
- OMAB Grupo Aeroportuario del Centro Norte SAB de CV1.93%
30d
50.49K
60d
43.75K
90d
53.12K