MSTQLHA Market State Tactical Q ETF
Seeks long-term out-performance relative to the large-cap U.S. growth equity market.
By Little Harbor Advisors · Launched 2022
1.55%
#5,476 of 5,562 · expensive
$39M
#3,786 of 5,562 · small
0.65%
4 years
#2,638 of 5,562 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 7 holdings = 102.0% of fundconcentrated
Asset allocation
By sector
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks long-term out-performance relative to the large-cap U.S. growth equity market.
- Strategy
- Actively managed fund investing in equity instruments linked to large-cap growth companies, using statistical analyses. Employs index-based ETFs, options, and futures to adjust exposure based on market volatility, aiming for approximately 100% baseline exposure to growth equities.
- Inception date
- March 14, 2022
- Fund family
- Little Harbor Advisors
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19