The ETF Is Up 20 % This Year.

The e t f, we basically copy the big positions of 20 large hedge funds that pursue a strategy called manage futures. If they're buying crude oil, then we simply go out and buy a future contract on crude oil. And if they're shorting treasuries, betting that rates are going to go up, we'll go out in short treasuries. If they’re betting that the dollar is going to be strong against the end, will do same trade. So what that does is it creates trends in the market,. an asset that that, you know, starts rolling down a hill, kind of keeps rolling, and sometimes accelerating.