What are Jim Cramer ETFs?

Long Cramer Tracker ETF ( LJIM) sides with Cramer while Inverse Cramer Tracker ETF ( SJIM) goes against him. These Jim Cramer ETFs enable critics to put their money where their mouth is. Seemingly to his annoyance, Tuttle Capital Management recently launched two exchange-traded funds (ETFs) centered on CNBC media personality Jim Cramer.

What is the inverse Cramer tracker ETF?

The Inverse Cramer Tracker ETF (the “Fund”) seeks to provide investments results that are approximately the opposite of, before fees and expenses, the results of the investments recommended by television personality Jim Cramer.

What if Cramer said he was negative on a stock or ETF?

If Cramer said he was negative on a stock or ETF, the fund managers would take a long position. Tuttle’s anti-Wood ETF, known by the ticker SARK, is up almost 90% since its launch in November 2021 and has attracted more than $350 million in assets. Tuttle was acquired by AXS Investments earlier this year.

Why did Tuttle shut down the long Cramer tracker ETF?

Tuttle Capital Management is shutting down the Long Cramer Tracker ETF. An exchange-traded fund whose strategy was to track the stock picks of CNBC commentator Jim Cramer is throwing in the towel, having failed to attract investors.