Tonight this evening, Friday the 13th in the Year 2019, when you look up at space and see a Harvest Moon, what ETF is most appropriate to think about? Answer? UFO https://procureetfs.com/etfs/ufo.html
The harvest moon, as a Micromoon hasn’t occurred since October 13, 2000 and can be best seen actually at 12:33 on Sat September 14, 2019. Of course, that changes the title so let’s just hope we get through Friday the 13th without an issue.
ETF Nerds will be intrigued to know that this new ETF with $12 million has been making AUM progress since it’s launch in April 2019 (Not launched on April Fools Day) . Thematic investors obviously are required to be long term thinkers on this one, but what is most intriguing to me is how little overlap exists in the holdings to other ETFs. In fact, the 10 ETFs that have the most overlap with USO only have 16% to 12%. Clearly these ETF entrepreneur (ETFe) are innovative and visionary thinker with a unique and very targeted strategy.
Please don’t consider this a moonshot idea! Structure Matters when selecting ideas that are so visionary, but how else should an investor embrace such an opportunity? Not everyone has the billions like Bezos or Musk.
Do enjoy the moon tonight. It will be beautiful!
To learn more about a Harvest moon https://www.popularmechanics.com/space/a28984468/friday-13th-micromoon/
