EMPB: This Iconoclastic Fund Deserves Investor Attention

  • Wayne Penello's EMPB ETF, leveraging systematic methodology, has outperformed during recent market volatility, showing a return of -0.2% vs. S&P 500's -13%. The fund's main insight is that relative strength at the sector level and at the asset class level is far more robust than relative strength for individual companies. Despite its success, EMPB's AUM remains under $10 million, highlighting the industry's asset-gathering focus over market-beating returns.