Salt Looks to Add ‘Spice’ to ETF Portfolios

The video discusses the speaker's transition from working at the Bats Exchange to launching an independent ETF firm named Salt. The Salt ETF is designed to complement portfolios by using a unique strategy based on a proprietary 'true beta' score, which is more responsive than traditional methods. The ETF focuses on large-cap stocks with high market sensitivity and aims to be part of the 10% of a portfolio that generates higher returns. The speaker also outlines the competitive landscape, differentiating Salt from other ETFs, and hints at future product developments.

What motivated the speaker to launch an independent ETF?

• To focus solely on thematic products

• To compete directly with the big three ETF issuers

• To fill a gap for a simple, broad-based ETF

• To create a complex derivative product

What is the 'true beta' score used by SLT ETF?

• A traditional beta score from the 1960s

• A calculation based on annual stock performance

• A proprietary score using recent intraday data

• A measure based on five-year historical data

How does SLT ETF aim to complement passive investment strategies?

• By offering a unique exposure to spice up portfolios

• By being a low-cost core product

• By providing a high overlap with broader indices

• By focusing on consumer staples

Which sectors does SLT ETF primarily focus on?

• Real estate and industrials

• Consumer staples and utilities

• Healthcare and energy

• Technology, financials, and consumer discretionary

What future plans does the speaker mention for SLT ETF?

• Exiting the ETF market

• Merging with a large mutual fund

• Developing a fund of low beta names

• Focusing solely on high beta products