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Posted by
Two Blokes Jun 6 -
Filed in
Stock
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FTXR is a transportation-themed ETF with a nearly nine year track record and a 0.60% expense ratio. It's unique because it allocates nearly one-third of its holdings to auto stocks. Performance since its inception was poor compared to other U.S. Transportation ETFs like IYT and XTN, as well as broad-based Industrials sector ETFs like RSPN and XLI. However, its strategy changed in March 2023, and after careful review, I determined that stocks like Tesla, Ford, and General Motors should in consistency receive max weightings of 8% each.