GGM Macro Alignment ETF
GGM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Brian Binder
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 227 W Monroe St Chicago IL United States of America 90401
- IPO Date
- Sep 26, 2023
- CIK
- 0001551949
- Website
- guggenheiminvestments.com
- Similar Companies
- Business
- Northern Lights Fund Trust II - GGM Macro Alignment ETF (NYSE Arca: GGM) is an actively managed exchange-traded fund that seeks long-term capital appreciation through a fund-of-funds approach, dynamically allocating assets to underlying exchange-traded funds best suited to prevailing macroeconomic conditions. The ETF invests primarily in shares of market sector, sub-sector, and style ETFs representing distinct U.S. equity market segments, including growth and value stocks across diversified market capitalizations, as well as fixed income exposure; holdings typically consist of five such underlying ETFs to adapt to U.S. economic environments. Launched on September 25, 2023, and domiciled in the United States, the fund is co-managed by Waverly Advisors, LLC and Penserra Capital Management LLC, with an expense ratio of 0.91% and assets under management of approximately $16.6 million. The fund targets investors seeking broad U.S. equity diversification with tactical macro alignment, employing quantitative analysis for portfolio construction and active trading strategies. It operates exclusively in U.S. public equity markets without a formal benchmark, focusing on outperforming broader indices like the S&P 500 through adaptive sector and style rotations. There are no reported subsidiaries, parent company relationships beyond the Northern Lights Fund Trust II structure, or international geographic operations. In recent developments, the fund has maintained steady operations with no major mergers, acquisitions, or strategic shifts noted in the past two years; however, it experienced net outflows of $3.72 million over the last year amid a yearly performance decline of approximately 7.64%. Distribution announcements from affiliated entities, such as Guggenheim Investments' closed-end funds, reflect ongoing market activity, though GGM itself continues as an independent ETF without new product launches or partnerships disclosed. As of late 2025, the fund trades around $27 per share, with a dividend yield of 1.39%.