In the rivalry between ETFs and hedge funds, TrimTabs
just notched a point for the underdogs.
The TrimTabs Float Shrink ETF
, which was launched last October 4, has outperformed hedge funds, reports
. No word in the story which hedge funds they have in mind, but still.
The actively managed ETF by TrimTabs Asset Management
is up 35.14 percent over the last year, beating the Russell 300 Index, which is up 32.85 percent. This ETF has investment in 100 companies which has "positive and growing free cash flow."
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