Ocean Park Domestic ETF
DUKQ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 2049 Century Park East, Suite 720 Los Angeles CA United States of America 90067
- IPO Date
- Jul 11, 2024
- Website
- oceanparketfs.com
- Similar Companies
- Business
- Ocean Park Domestic ETF (DUKQ) is an actively managed exchange-traded fund that tactically allocates assets between unaffiliated U.S. equity exchange-traded funds and cash equivalents to provide total return while limiting downside risk exposure. The fund, advised by Ocean Park Asset Management, LLC, applies a proprietary trend-following strategy utilizing banded moving averages to generate buy and sell signals across an unconstrained universe of U.S. equity ETFs, including those based on market capitalization, styles, factors, sectors, and industries; cash equivalents or short-term bond funds are held during the absence of uptrends. Top holdings typically include diversified U.S. equity ETFs such as Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, iShares Core S&P Mid-Cap ETF, Invesco S&P 500 Equal Weight ETF, and Pacer U.S. Cash Cows 100 ETF, among others representing large-cap blend exposure. Launched on July 10, 2024, and listed on NYSE Arca, the ETF operates with a management fee of 0.75%, an expense ratio of 2.96% (reduced to 0.98% after fee waiver through January 31, 2027), quarterly distributions, and assets under management recently around $14-15 million. Ocean Park Asset Management, LLC, founded in 1989 and headquartered at 3420 Ocean Park Boulevard, Suite 3060, in Santa Monica, California, serves as the investment advisor, with co-management support from Exchange Traded Concepts, LLC, and distribution handled by Northern Lights Distributors, LLC. The firm manages approximately $147 million in assets primarily for individual and high-net-worth clients through discretionary accounts focused on tactical, rules-based strategies. In recent developments, Ocean Park Asset Management launched the Ocean Park Domestic ETF (DUKQ) alongside three sibling active ETFs—Ocean Park International ETF (DUKX), Ocean Park Diversified Income ETF (DUKZ), and Ocean Park High Income ETF (DUKH)—in July 2024, expanding its suite of trend-following, fund-of-funds products aimed at global uptrend participation and risk mitigation. The firm was named a finalist in the 2025 Financial Communications Society (FCS) Portfolio Awards for innovative direct mail campaigns related to its ETF launches and received recognition in the 2025 FCS Portfolio Awards for work from June 2024 onward. These initiatives mark Ocean Park's strategic entry into the active ETF market, leveraging its decades-long expertise in trailing stop discipline and tactical asset allocation without reported acquisitions, funding rounds, or reorganizations in the past 1-2 years.