BenzingaT3·35mo ago
TACK Fairlead Tactical Sector ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
TACK
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Key stats
About
Fairlead Tactical Sector ETF (TACK) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2022-03-22
- Has Options
- No
Fund profile
holdings as of Oct 15, 2026third-party datathrough Jul 2026flows, SEC filings
- Expense ratio
- 0.69% prospectus, filed May 29, 2026
- Assets
- $298M SEC filing, Jul 31, 2026
- Trailing yield
- 1.26% paid quarterly
- Average daily volume
- $644K 30 sessions
- Holdings
- 8 top 10 are 99.6%
- Listed
- Mar 22, 2022 NYSE Arca
- Last fee change
- -1 bp filed May 29, 2026
Cost49
Liquidity27
Scale55
Diversification11
Moves with. US large-cap stocks (61% of its variance, beta 0.64); Gold (8% of its variance, beta 0.06); Long Treasuries (5% of its variance, beta 0.14). These factors explain 75% of its daily moves over the last year.
Stated objective. Fairlead Tactical Sector ETF (the Fund) seeks capital appreciation with limited drawdowns. A drawdown is the amount of investment value lost during a significant market decline, here related to the equity market, measured from peak to trough. The Fund seeks to limit drawdowns to preserve capital, such that a greater amount can be reinvested once the market has bottomed. Our methodology attempts to proactively identify market declines. When successful, this process should position the Fund into more defensive sectors and assets before market declines become worse, thereby limiting drawdowns. (from the fund's prospectus)
All 8 holdingsFlow historySimilar fundsOverlap toolAll Tactical & Rotation ETFs
Fund flows
through Jul 2026SEC filings- Jul 2026
- +$11M latest reported month
- Latest 3 months
- +$14M +4.7% of assets
- Latest 12 months
- +$2.1M +0.7% of assets
View as a table
| Month | Net flow |
|---|---|
| Jul 2026 | +$11M |
| Jun 2026 | −$1.3M |
| May 2026 | +$4.7M |
| Apr 2026 | +$946K |
| Mar 2026 | +$3.4M |
| Feb 2026 | −$2.1M |
| Jan 2026 | −$4.6M |
| Dec 2025 | −$3.6M |
| Nov 2025 | +$603K |
| Oct 2025 | −$2.4M |
| Sep 2025 | −$3.1M |
| Aug 2025 | −$810K |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 54 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| SMOMSymmetry Panoramic Sector Momentum ETF | 42% | 0.63% | $66M | +16.1% | compare |
| TDSCExchange Listed Funds Trust ETC Cabana Target Drawdown 10 ETF | 38% | 0.90% | $103M | +14.1% | compare |
| RMRCARMOR Core Risk-Managed ETF | 32% | 0.58% | $7.1M | — | compare |
| FISRState Street Fixed Income Sector Rotation ETF | 28% | 0.50% | $634M | −6.5% | compare |
| SSUSDay Hagan Smart Sector ETF | 28% | 0.77% | $611M | +17.0% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 15, 2026third-party data- Insider buying
- 0% of weight had net insider buying, 90 days; 0% net selling
- 13F holders
- −4.0% change in shares held by institutions, latest quarter
- Reporting earnings
- 0.0% of weight in 7 days; 0.0% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | XLRESELECT SECTOR SPDR TRUST (THE) | — | 12.65% | — |
| New position | XLKSELECT SECTOR SPDR TRUST (THE) | — | 11.42% | — |
| Exit | SPTSSPDR SERIES TRUST | 8.19% | — | — |
| Exit | SPTLSPDR SERIES TRUST | 8.14% | — | — |
| Exit | GLDMWORLD GOLD TRUST | 8.07% | — | — |
| Increase | XLESELECT SECTOR SPDR TRUST (THE) | 12.29% | 13.91% | +15.6% |
Under the hood
fiscal year to Jan 31, 2026SEC census- Authorized participants
- 3 active of 3 with agreements; top 3 did 100%
- Created · redeemed
- $169M · $231K over the fiscal year
- Redemptions in kind
- 100% creations 82% in kind
- Creation unit
- 1,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-07-31
Holdings
9
AUM
$297.8M
Provider
Nport
Inception
2022-03-22
Exchange
ARCX
Data As Of
2026-07-31
Expense Ratio
0.69%
Dividend Yield
1.26%
Distribution
Quarterly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-09-28 | 2026-10-02 | $0.0958 | CD |
| 2026-06-26 | 2026-07-01 | $0.1310 | CD |
| 2026-03-27 | 2026-04-01 | $0.0923 | CD |
| 2025-12-30 | 2026-01-05 | $0.0871 | CD |
| 2025-09-29 | 2025-10-03 | $0.1023 | CD |
| 2025-06-27 | 2025-07-02 | $0.0979 | CD |
Asset Allocation
Top Holdings
top 9 of 9 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| XLE | SELECT SECTOR SPDR TRUST (THE) | 13.91% | Equity (common) | US |
| XLRE | SELECT SECTOR SPDR TRUST (THE) | 12.65% | Equity (common) | US |
| XLP | SELECT SECTOR SPDR TRUST (THE) | 12.56% | Equity (common) | US |
| XLV | SELECT SECTOR SPDR TRUST (THE) | 12.44% | Equity (common) | US |
| XLB | SELECT SECTOR SPDR TRUST (THE) | 12.24% | Equity (common) | US |
| XLU | SELECT SECTOR SPDR TRUST (THE) | 12.23% | Equity (common) | US |
| XLI | SELECT SECTOR SPDR TRUST (THE) | 12.20% | Equity (common) | US |
| XLK | SELECT SECTOR SPDR TRUST (THE) | 11.42% | Equity (common) | US |
| — | N/A | 0.40% | Short-term investment | US |
Chart
Seasonality
| Month | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|
| Jan | -- | 4.30% | 1.01% | 3.14% | 2.20% | 2.66% |
| Feb | -- | -4.41% | 2.59% | 0.21% | 3.85% | 0.56% |
| Mar | 1.44% | 3.37% | 1.97% | -2.69% | -4.41% | -0.06% |
| Apr | -3.74% | -0.20% | -4.64% | -0.57% | 1.73% | -1.48% |
| May | 1.61% | -1.50% | 3.08% | 3.17% | 1.09% | 1.49% |
| Jun | -4.06% | -0.44% | 0.60% | 0.70% | 1.77% | -0.29% |
| Jul | 1.13% | 1.54% | 3.42% | 0.27% | 1.14% | 1.50% |
| Aug | -1.94% | -0.85% | 3.94% | 1.98% | 1.94% | 1.01% |
| Sep | -5.02% | -4.67% | 3.30% | 4.24% | -3.21% | -1.07% |
| Oct | -1.32% | -0.70% | -0.75% | 0.42% | 2.48%* | 0.03% |
| Nov | 3.70% | 5.57% | 4.93% | 0.20% | -- | 3.60% |
| Dec | -2.34% | 2.62% | -5.79% | 0.35% | -- | -1.29% |
| Total | -10.40% | 4.14% | 13.84% | 11.82% | 8.59% | 5.60% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $31.81
SMA 50: $32.19
SMA 200: $31.42
Current: $32.25
EMA 12: $31.99
EMA 26: $31.97
MACD: 0.0253 | Signal: 0.0805
BEARISH
ADX (14): 24.52
WEAK TREND
+DI: 32.17
−DI: 22.55
Momentum Oscillators
RSI (14): 59.96
NEUTRAL
Stoch %K: 90.88
Stoch %D: 88.35
Williams %R: 0.00
Volume & Volatility
BB Upper: $32.30
BB Lower: $31.32
NEUTRAL
OBV: 938,767
Vol SMA 20: 9,664
Vol ROC: 7.34%
ATR: $0.17
True Range: $0.09
HV 20: 6.9%
HV 30: 7.4%
HV 60: 7.0%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
BULLISH/NEUTRAL (Confidence Level: 6)
Key drivers:
- Bullish momentum signals from MACD
- Neutral RSI reading
- Low volatility and beta indicate reduced risk
Primary risks:
- Potential consolidation around current levels
- Divergence between technical and news sentiment
Investment thesis: TACK is a relatively stable ETF with low volatility, which could be an attractive option for investors seeking reduced risk. However, the recent bull run may lead to some consolidation around current levels.
Recent news sentiment impact: Neutral news headlines have contributed to the overall neutral sentiment assessment.
Technical Analysis
Trend Direction: Short-term (1-4 weeks) - Range-bound; Medium-term (1-3 months) - Uptrend; Long-term (3-12 months) - Consolidation
Support/Resistance Levels: Upper: $33.00; Middle: $32.67; Lower: $32.34
Momentum Signals:
- RSI interpretation: Neutral (45.31)
- MACD signal: Bullish (0.06 / Signal: -0.08 / Histogram: 0.14)
- Bollinger Bands position: Neutral (Price touching middle band)
Volume Analysis: Volume SMA 20: 12069.20; On-Balance Volume (OBV): 514930.99; Volume Rate of Change: -64.64%
News & Sentiment Analysis
Recent Headlines Summary: A series of neutral news headlines with no clear directional bias.
Sentiment Assessment: Aggregate sentiment is NEUTRAL, reflecting the lack of significant market-moving news.
Catalyst Identification: No specific catalysts identified from recent news headlines.
Market Narrative: The neutral sentiment assessment aligns with the technical signals indicating a range-bound market.
Risk & Volatility Assessment
Beta Interpretation: Beta: 0.53 (vs SPY), indicating low risk relative to the broader market.
Volatility Regime: Low volatility - stock moves less than market.
Options Market Signals: No options data available.
Downside Protection: Support levels at $32.34 and $31.13, with potential for consolidation around current levels.
Market Context & Positioning
Sector Performance: TACK is a sector-agnostic ETF, which could lead to reduced correlation risks.
Institutional Activity: Institutional interest signals are neutral due to the lack of significant news or market-moving events.
Correlation Analysis: Correlation with SPY: 0.72 (low), indicating reduced risk relative to the broader market.
Relative Valuation: Position within trading range, with potential for consolidation around current levels.
Key Levels & Action Items
- Critical Price Levels: $32.34 (support) and $33.00 (resistance)
- Breakout/Breakdown Levels: No specific levels identified
- Time-Sensitive Catalysts: Earnings data not available
- Risk Management: Stop-loss levels at $31.13 and position sizing considerations based on risk tolerance.
This comprehensive analysis provides a structured report highlighting the technical, news, and sentiment factors influencing TACK's performance. The overall assessment is bullish/neutral due to the ETF's low volatility, neutral RSI reading, and bullish MACD signal. However, the primary risks include potential consolidation around current levels and divergence between technical and news sentiment.
Generated
News
All TACK news →
MarketWatchT3·45mo ago
Seeking AlphaT3·45mo ago
MarketWatchT3·50mo ago
MarketWatchT3·53mo ago
MarketWatchT3·55mo ago
TACK Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.5071
Alpha: -0.60%
Correlation: 0.6945
R-Squared: 48.2%
Stock Volatility: 9.3%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
TACK Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
TACK Constituent Performance
Click any bar to view the full quote for that stock.
TACK Constituents (8 of 8)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| XLE | SELECT SECTOR SPDR TRUST (THE) | 13.91% | $68.16 | +0.28% | +0.78% | +9.28% |
| XLRE | SELECT SECTOR SPDR TRUST (THE) | 12.65% | $42.06 | -0.76% | +1.37% | +0.53% |
| XLP | SELECT SECTOR SPDR TRUST (THE) | 12.56% | $87.11 | -0.73% | +1.22% | +5.68% |
| XLV | SELECT SECTOR SPDR TRUST (THE) | 12.44% | $178.94 | -0.49% | +2.86% | +6.01% |
| XLB | SELECT SECTOR SPDR TRUST (THE) | 12.24% | $51.32 | +0.18% | +3.32% | +2.07% |
| XLU | SELECT SECTOR SPDR TRUST (THE) | 12.23% | $42 | +0.29% | +0.67% | +5.66% |
| XLI | SELECT SECTOR SPDR TRUST (THE) | 12.20% | $168.31 | +0.91% | +0.76% | -1.05% |
| XLK | SELECT SECTOR SPDR TRUST (THE) | 11.42% | $188.54 | +1.67% | -0.99% | -3.48% |