Quant-Based Hull Tactical U.S. ETF Trying to Time, Beat Market

The Hull Tactical US ETF (HTUS) is flat since its late June launch compared to the S&P 500 which is up over 2 percent, but has taken investors on a nerve-racking ride in the process. Blair Hull, the fund’s manager, said despite the slow start his analytics-based, market-timing fund will beat the index over the long term and with far less volatility. 'There are certain times when you ought to be more exposed to equities and certain times when you are less exposed,' said Hull, who sold his trading company to Goldman Sachs in 1999. 'This is a long term strategy that we believe will perform over a market cycle so you can’t really judge the performance over a short period of time.' The Hull Tactical US ETF is an actively managed ETF, created to achieve long-term growth from investments in the U.S. equity and Treasury markets, independent of market direction. TheStreet's Gregg Greenberg has details from New York.