On Tuesday, May 19, Tuttle Capital Management debuted the Tuttle Capital Heavy Asset Low Obsolescence ETF (HALX). This new fund from Tuttle Capital operates with a management fee of 75 basis points.
Key Takeaways:
- Tuttle Capital Management has launched the Tuttle Capital Heavy Asset Low Obsolescence ETF (HALX), the latest fund to join Tuttle Capital’s growing lineup.
- This ETF employs an approach that targets companies with a good ‘HALO Score,’ referring to those with strong tangible assets and persistent cash flows.
- Considering how many approaches focus on tech-heavy tilts and AI innovation, opting to diversify through tangible assets could make a great deal of sense right now.
HALX’s objective is to provide investment results that generally match the total return of the Tuttle Capital Heavy Asset Low Obsolescence Index. This index focuses on companies that embody ‘HALO’ qualities, those being heavy assets, low obsolescence, and lower AI disruption. In layman’s terms, this means companies with tangible assets that tend to be more isolated from technological disruption.
A HALO of Tangible Value
This index starts by using the VettaFi US Equity Large-Cap 500 Index as a baseline. From there, it selects 40 companies for inclusion based upon HALO characteristics. Companies within the index are weighed equally.
See More: SpaceX & Beyond: Decoding the ETF Paths to Space Investing
HALX intends to invest in most, if not all, of the constituents of its respective index. Currently, the index holds significant exposure towards the energy, industrials, and utilities sectors.
It’s certainly no secret that AI innovation and momentum has been a prominent investment theme as of late. Many investment approaches have been trying to engage with the tech sector more, in order to capitalize on the growth opportunities within.
However, the HALO approach offers strong appeal in today’s environment. This kind of fund can serve as a versatile, diversified ballast, providing return opportunities outside of the tech sector.
Say the tech sector enters a volatile period. Those exposed to companies more isolated from the tech theme could fare better. And better yet, the fund still offers plenty of long-term potential, regardless of whether the tech sector struggles or not.
See More: Trump in Beijing: Keep an Eye on These 3 China ETFs
The Advantages of the HALO Approach
“For three decades, the investing playbook has rewarded asset-light, capital-light business models and treated physical infrastructure as a commoditized input,” said Matthew Tuttle, CEO and chief investment officer of Tuttle Capital Management. “That playbook is being rewritten in real time. The companies building, powering, and supplying the physical backbone of the modern economy — utilities, energy producers, freight and logistics networks, industrials, and materials companies — are seeing a level of demand for what they do that I believe is very different from the last cycle. HALX is built to give investors a disciplined, rules-based way to own that universe in a single ETF wrapper.”
HALX is just one of many funds from Tuttle Capital Management to offer creative investment exposure to different market sectors. For instance, the Tuttle Capital Space Industry Income Blast ETF (SPCI) provides income and returns through exposure to the space industry. As of April 30, 2026, the fund’s NAV has risen 25.58% over the past month.
For more news, information, and analysis visit the Thematic Investing Content Hub.
vettafi.com is owned by VettaFi LLC (“VettaFi”). VettaFi is the index provider for HALX, for which it receives an index licensing fee. However, HALX is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of HALX.
Leave a comment