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Militia Long/Short Equity ETF (ORR): ETF

ETF traded on XNAS under symbol ORR. Quoted in usd.

Militia Long/Short Equity ETF logo

Militia Long/Short Equity ETF

-0.26%$38.70
XNAS:ORRAlternatives
AUM $350.04M·YTD --·Yield --
Militia Long/Short Equity ETF logoXNAS:ORR$38.70-0.26%
About ORR

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

  1. Cash & Other28.48%
  2. 9435.T Hikari Tsushin Inc12.10%
  3. AX Axos Financial Inc6.28%
  4. 7453.T Ryohin Keikaku Co Ltd4.35%
  5. GMEXICOB.MX Grupo Mexico SAB de CV3.62%
  6. ET Energy Transfer LP3.18%
  7. CSWC Capital Southwest Corp2.45%
  8. WES Western Midstream Partners LP2.28%
  9. First American Government Obligations Fund 12/01/20311.94%
  10. OMAB Grupo Aeroportuario del Centro Norte SAB de CV1.93%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
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Total Invested
$70,000
Final Portfolio
$59,586
Total Return
$-10,414
(-14.9%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$350.04M
NAV$38.72
Premium/Discount-0.05%
Expense Ratio10.91%
Market Cap$357.28M
Shares Outstanding9.12M
Inception DateJan. 14, 2025
Fund Details
IssuerMilitia
Asset ClassAlternatives
Beta0.03
SectorFinancial Services
DomicileUS
52-Week Range
$30.92$39.80
Current: $38.70
Volume
Volume21.13K
Avg Volume61.22K
Vol/Avg0.35x

30d

50.49K

60d

43.75K

90d

53.12K

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