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Jan14 2014

TrimTabs Float Shrink ETF (TTFS) featured among 5 ETFs that beat the market in 2013

5 Actively Managed ETFs That Beat The Market In 2013

By Trang Ho

 TrimTabs Float Shrink (TTFS), up 44%, beat the S&P by 12 percentage points last year after lagging the benchmark the prior year by 2 percentage points. Investor assets swelled more than tenfold in 2013 to about $104 million currently.

The fund holds stocks of 100 equal-weighted companies screened from the Russell 3000 index that are buying back shares, thereby decreasing the number of publicly traded shares or "shrinking the float."

Companies must also be increasing their cash flow and paying back debts to ensure that companies aren't borrowing money to beef up their stock prices.

"Six percentage (points) of the outperformance was due to the average TTFS holdings reducing the number of shares outstanding by about 6%," Charles Biderman, the ETF's portfolio manager, said in an email. "In addition, companies growing free cash flow while reducing the float of shares traded at an additional 6% premium, resulting in the 12% outperformance." The ETF carries a 0.99% annual expense ratio.

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Jan13 2014

John DelVecchio discusses red flags during earnings season on Canada’s BNN Television

John DelVecchio, co-Manager of the Ranger Equity Bear Fund (HDGE) and the Manager of the Forensic Accounting ETF (FLAG) discusses red flags to look for during earnings season. 

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Aug5 2013

TrimTabs’ Charles Biderman on CNBC Santelli Exchange

TrimTabs Float Shrink ETF Portfolio Manager Charles Biderman and CNBC's Rick Santelli discuss record inflow into U.S. equity funds in July 2013.  Click here to see the video and also to hear them discuss TrimTabs Float Shrink (TTFS) and its performance.