Josh Brown
π€ SpeakerAppearances Over Time
Podcast Appearances
And they've done some other thematics.
What jumps out at you about this top 10 holding screen that we have up here?
They don't care what I think.
No, I didn't create the index at all.
Okay.
So for people listening, AutoZone, TFI, Cummins, J.B.
Hunt...
Lamar Advertising, Lennox International, Rider System, Magna, Philip Morris, and Autoliv.
Boring.
I would say nobody in our audience owns these stocks individually except for maybe Philip Morris.
Yeah.
So no tech, no financials.
And in fact, the index was built by a company called Acros, which is an index provider to the ETF industry.
And financials are explicitly ruled out of being owned by the Halo ETF ticker is LOHA, by the way, for people that want to check it out.
Apparently, Halo was actual HALO was taken by a biotech company.
Can't own financials.
Because the rules that they're applying to determine heavy assets, low obsolescence risk, don't apply to financial companies.
There's one tech stock in the index, and I've never heard of it.
Right now, the index will change, but right now, the companies that made the criteria, and there's one communications services stock, that's it.
So in other words, like tech is 1%, communications services is 1%.