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First Trust Revamps Old Strategy into Dynamic ‘People’s’ ETF

First Trust has overhauled an old CBOE Volatility Index-related exchange traded fund and changed the ETF to adopt a Dorsey Wright methodology that dynamically switches between equities and debt based on current market conditions. The old First Trust CBOE S&P 500 VIX Tail Hedge ETF (NYSEArca:...
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