AXS FOMO ETF
FOMO
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- AXS FOMO ETF (Ticker: FOMO) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of U.S., foreign, and emerging market companies of any market capitalization, special purpose acquisition companies (SPACs), and a variety of exchange-traded products; these include fixed income ETFs investing in domestic and foreign securities of any credit rating, maturity, and duration, inverse and leveraged ETFs targeting stock indices, treasury bonds, and volatility products, as well as volatility and inverse volatility ETFs and ETNs. The fund employs proprietary tactical models to evaluate market trends across asset classes and time frames, enabling dynamic shifts toward trending sectors popular among retail investors to mitigate fear of missing out (FOMO), with potential for frequent trading, short-selling equities, and higher turnover. Issued under Investment Managers Series Trust II and managed by AXS Investments LLC, headquartered in Port Chester, New York and founded in 2011, the ETF targets global diversified portfolios for investors, advisors, and allocators seeking exposure to emerging trends and multi-asset opportunities. Launched on May 25, 2021, initially as The FOMO ETF by Tuttle Tactical Management, it rebranded to AXS FOMO ETF prior to August 5, 2022, following AXS Investments assuming management. The fund ceased operations and delisted from trading on January 13, 2023, marking a significant liquidation event amid low assets under management of approximately $2.09 million. AXS Investments continues to offer other innovative ETFs focused on growth, income, alternatives, and sustainability through global operations.