logo
episode-header-image
Aug 2024
27m 40s

Return Stacking

bloomberg
About this episode

The idea of using leverage to layer one investment return, say equities, on top of another, say a managed futures strategy, is something institutional investors have been doing for decades under the term “portable alpha.” Now a suite of young, fast-growing exchange-traded funds have come along—they’re called “return stacking” ETFs—and they’re offering such layering to the masses.

On this episode, Joel and Eric speak with Corey Hoffstein, chief executive and chief information officer of Newfound Research and one of the masterminds behind the Return Stacked ETF suite. They discuss how these ETFs work, where they fit in a portfolio and why this is a more responsible use of leverage than the kind that blew up the market in 2008. 

See omnystudio.com/listener for privacy information.

Up next
Oct 9
Protecting Your Portfolio With ETFs
With so many assets at or near all-time highs, a rational investor might wonder how long can the good times last? And is now the time to consider an insurance policy for the inevitable pullback? And also, what sort of downside protection should you use, if any? On this episode of ... Show More
30m 41s
Sep 25
Climbing the Wealth Ladder with Nick Maggiulli
The “American dream” has always been about money: financial progression and building wealth. But for many the concept is slipping further and further away as the country’s yawning wealth gap widens. So the question is: can you still climb the proverbial wealth ladder, or is the d ... Show More
29m 20s
Sep 11
Dividends Over Day Jobs: Income ETFs Become Huge Hit with Gen Z
Young people are looking for an easier way to accumulate wealth than working a 9-5 job for 40 years. This reluctance to follow the path of their elders has grown the appeal—and assets—of income-generating exchange-traded funds, which can generate anywhere between 2% and 200% yiel ... Show More
22m 26s
Recommended Episodes
Feb 2024
How the Rise of 'Pod Shops' Is Reshaping the Way Markets Trade
 The hedge fund industry has gone through multiple evolutions. Investing styles go in and out of fashion as market conditions change. Strategies that work become crowded with investors, which can mean they stop working as well. The hottest thing these days are so-called multi-str ... Show More
49m 21s
Jul 2024
BOXX ETF: Cash-Like Returns Without the Tax Bill
Manager research analyst Lan Tran with Morningstar Research Services breaks down the strategy of the Alpha Architect 1-3 Month Box ETF, how investors can take advantage of what it has to offer, and whether this fund is worth the hype. What Makes BOXX ETF Stand Out  What is a Box ... Show More
13m 48s
Jun 2024
The Next Big Thing In Capital Markets | David Goone
Forward Guidance is sponsored by VanEck. Learn more about the VanEck Morningstar Wide MOAT ETF (MOAT) at https://vaneck.com/MOATFG.--This week, David Goone CEO of tZERO joins the show for a discussion on the next big trend he is seeing within capital markets. We discuss David's t ... Show More
1h 8m
Aug 15
These 16 Standout Funds Are Making Big Bets. Do They Fit in Your Investment Portfolio?
It can sometimes seem like there’s an endless number of mutual funds for you to invest in. But not all of them are a right fit for your portfolio—and some aren’t worthy investments at all. A popular feature from Morningstar’s FundInvestor newsletter greatly shrinks the list and c ... Show More
11m 33s
Aug 2024
Matt King on the Hidden Forces Driving the Market Selloff
The Nasdaq is now in correction territory and the S&P 500 is down more than 2% so far this month. Analysts are blaming any number of things for the selloff, including a slowdown in the economy, the Federal Reserve being behind the curve on rate cuts, hedge funds rotating out of p ... Show More
41m 29s
Jul 17
How Nvidia's size is rewriting the market playbook
Nvidia’s (NVDA) explosive growth is doing more than lifting portfolios - it’s changing the whole market. In this episode of Stocks in Translation, Strategas Securities senior ETF and technical strategist Todd Sohn joins host Jared Blikre and Producer Sydnee Fried to discuss excha ... Show More
24m 30s
Jul 2024
How the Hottest Hedge Funds on Wall Street Really Manage Risk
Multi-strategy hedge funds, also known as "pod shops," have become the hottest ticket on Wall Street. The business model is supposed to allow hedge funds to operate more efficiently. That includes deploying capital in a more productive manner and better managing risk. But how doe ... Show More
49m 27s
Dec 2024
The Art of Investing
Investing has evolved over the last decade into something of an art: the canvas is complex and finding the right companies, knowing how much to invest, when to plunge in and pull back and maintaining a fine balance of risk and opportunities requires nothing less than an artist’s ... Show More
23m 24s
Jul 2024
Why Picking Top Stocks Is Not Enough
Jack Shannon, senior manager research analyst for Morningstar Research Services, discusses how often active fund managers succeeded in picking top stocks. He also explains whether this information can help investors find better funds.Are Fund Managers Good at Making Big Stock Bet ... Show More
12m 45s
Nov 2023
Michael Kao on November Fed Meeting, Treasury Refunding, and Bond Market Bear Steepening (Co-Hosted By Michael Ippolito & Jack Farley)
Michael Kao, former hedge fund manager and private investor, returns to Forward Guidance alongside Blockworks co-founder Michael Ippolito to break down the U.S. Treasury’s quarterly refunding announcement (QRA) and Fed’s FOMC meeting that marked the first day of November. MetaMas ... Show More
1h 7m