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stonksblog
Apr 26, 2020 11:30 PM
Long RCD/XLY spread (Market Cap Weighted vs Even Weighted ETFs)
8*AMEX:RSPD-5*AMEX:XLY
1D
8*RSPD-5*XLY
Arca
Description
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Apr 26, 2020 11:30 PM
When the market melted down consumer discretionary ETFs rotated towards market cap weighted diversification. This trade targets regression towards the mean while being relatively delta neutral.
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