TACK
·NYSE
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Key Stats
Assets Under Management
270.71MUSD
Fund Flows (1Y)
8.24MUSD
Dividend Yield
1.20%
Discount/Premium to NAV
-0.03%
Shares Outstanding
9.04M
Expense Ratio
0.70%
About Fairlead Tactical Sector ETF
Issuer
Cary Street Partners Asset Management LLC
Brand
Fairlead
Home Page
Inception Date
Mar 22, 2022
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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
Cary Street Partners Asset Management LLC
Distributor
Northern Lights Distributors LLC
TACK is a fund-of-funds whose strategy starts with top-down market analysis and combines trend-following, price momentum, and sector relative strength. The fund's investable universe consists of 14 State Street SPDR ETFs: the 11 Select Sector SPDRs, the SPDR Gold Trust, and SPDR short- and SPDR long-term US Treasury ETFs. Relying on the expertise of a technical analyst, the selection process follows a rules-based filtering system that considers market trends and overbought/oversold indicators. ETFs that pass the technical filter, receive a momentum score and a ranking is calculated. During periods of risk-on, the portfolio will hold between 5-8 of the highest-ranked ETFs on an equal-weighted basis. During periods of risk-off, the portfolio may hold up to 75% of its exposure in short- or long-term US Treasury ETFs or gold. The portfolio is rebalanced monthly. Due to the tactical nature of the strategy, the fund is anticipated to have a very high turnover.
Classification
Asset Class
Asset Allocation
Category
Asset Allocation
Focus
Target Outcome
Niche
Capital Appreciation
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +2.83% | +1.28% | +9.40% | +9.05% | +26.81% | +20.38% |
NAV Total Return | -0.17% | +1.80% | +10.10% | +10.19% | +32.02% | +0.17% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
18.13%
Communication Services
17.38%
Consumer Cyclical
16.54%
Utilities
16.46%
Healthcare
16.39%
Industrials
15.10%
Technology
18.13%
Communication Services
17.38%
Consumer Cyclical
16.54%
Utilities
16.46%
Healthcare
16.39%
Industrials
15.10%
Asset
Region
99.68%
0.21%
0.1%
Category
Ratio
North America
99.68%
Europe
0.21%
Asia
0.10%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
XLC
State Street Communication Services Select Sector SPDR ETF
12.76%
XLY
State Street Consumer Discretionary Select Sector SPDR ETF
12.62%
XLI
State Street Industrial Select Sector SPDR ETF
12.43%
XLV
State Street Health Care Select Sector SPDR ETF
12.41%
XLU
State Street Utilities Select Sector SPDR ETF
12.25%
XLK
State Street Technology Select Sector SPDR ETF
12.03%
GLDM
SPDR Gold MiniShares Trust
8.52%
SPTS
State Street SPDR Portfolio Short Term Treasury ETF
8.31%
SPTL
State Street SPDR Portfolio Long Term Treasury ETF
8.23%
BBH SWEEP VEHICLE
0.47%
Top 10 Weight 100.03%
11 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-09-29 | 2025-09-29 | 2025-10-03 | 0.102 |
| 2025-06-27 | 2025-06-27 | 2025-07-02 | 0.098 |
| 2025-03-27 | 2025-03-27 | 2025-04-01 | 0.068 |
| 2024-12-27 | 2024-12-27 | 2025-01-02 | 0.092 |
| 2024-09-26 | 2024-09-26 | 2024-10-01 | 0.161 |
| 2024-03-27 | 2024-03-28 | 2024-04-02 | 0.090 |
| 2023-12-27 | 2023-12-28 | 2024-01-02 | 0.085 |
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Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
