Searched Reddit and Google in general but found close to nothing on this ticker so asking the community here.
Long story short I can no longer actively trade individual equities (work at financial firm with trading restriction). Thankfully all my current holdings are grandfathered, but I am free to trade ETF's and derivatives thereof so I was looking for something that could be a little more aggressive. Looked through a long list of the usual suspects of ETF's, but stumbled upon ADPV. Basically it selects 25 of the top-performing stocks in the market during bull runs, and then reverts to treasuries during bear markets. Ultimately I'm hoping this will get me exposure to new up-and-coming stocks/IPO's etc since I can't buy them myself, and the hedge is more of a bonus than anything.
Here are the drawbacks I can see:
1. 1% expense ratio. I pretty much hold all equities and index funds currently with zero ER or close to it, so this one hurts. But maybe it's worth it to scratch my trading itch which can no longer be satisfied.
2. Low volume. This would be for B&H and not for a huge portion of my portfolio so I don't think this would be an issue but would welcome your thoughts/negative experiences with low-volume/liquidity ETF's.
3. The methodology for rotating in and out of the 25 tickers isn't clear. So that's leaving a lot up to the fund management. Current top holding is PLTR (bought in 2023!) which may account for a lot of their recent performance.
4. Not much history as it's only a couple years old. However looking at their top holdings and buy dates they've done very well getting ahead of the curve on some big movers. Past performance not indicative..ofc ofc
Full holdings listed here:
[https://www.morningstar.com/etfs/arcx/adpv/portfolio](https://www.morningstar.com/etfs/arcx/adpv/portfolio)
Is this a bad idea?