Corbett Road Tactical Opportunity ETFNew
OPPX
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Feb 26, 2021
- CIK
- 0001547950
- Similar Companies
- Business
- Corbett Road Tactical Opportunity ETF (OPPX) is an actively managed exchange-traded fund that seeks long-term total return by tactically allocating among U.S.-listed equity securities, including common stocks and American Depositary Receipts, cash equivalents, and fixed income ETFs based on the sub-adviser's proprietary MACROCAST scoring system. The fund employs a risk-management overlay analyzing market indicators across valuation, inflation, technical analysis, aggregate economy, liquidity, and sentiment to shift allocations, fully investing in equities during positive scores or pivoting to defensive assets during negative ones; it features unconstrained stock selection across market caps and geographies with potential for high portfolio turnover. Launched on February 25, 2021, by Exchange Listed Funds Trust under the management of Corbett Road Capital Management, LLC, headquartered in McLean, Virginia, OPPX trades on NYSE Arca with a net expense ratio of 0.75% and primarily targets institutional advisors and investors seeking opportunistic U.S. equity exposure. In a significant recent development, the fund underwent liquidation in 2023, with shareholders receiving cash distributions of $22.3283 per share, following updates to related strategies by Corbett Road Capital that removed OPPX references from offerings like Helix and adjusted target holdings in Core Demand portfolios. Corbett Road Capital Management, an SEC-registered adviser since 2019 with approximately $145.6 million in assets under management as of early 2025, continues to provide smarttactical strategies including Opportunity MX, Dynamic MX, and Core Demand TX to advisors and institutions, though OPPX is no longer active.