Tuttle Capital Management to launch pair of Jim Cramer ETFs
Stocks

October 6, 2022
If youâve ever set foot in the financial jungle known as #FinTwit or #FinTok, youâve likely come across a Jim Cramer meme.
For meme accounts like @CramerTracker, his aggressive statements and âbuy buy buy buyâ button mashing makes him a content goldmine.
Which makes you wonder: Would betting against his trades perform well in the market? Weâll soon find out.
Tuttle Capital Management has filed to launch two exchange traded funds (ETFs) which trade based on Jim Cramerâs recommendations.
- Long Cramer ETF ($LJIM) â bets on his recommendations.
- Short Cramer ETF ($SJIM) â bets against his recommendations.
The expense fee on the ETF hasnât been set, and itâs unsure how the trades will be tracked (bot or human?).
How have his recommendations performed?
A 2018 study by the Wharton School analyzed Jim Cramerâs performance between 2001-2017. His recommendations would have returned an annualized 4.08% â compared to the S&P 500âs 7.07% in the same time period.
One decision impacted his returns significantly. He prefers to hold ~50% of his portfolio in cash. Which meant he wasnât fully invested during the market recovery in 2008.
Flashback: Past data shows missing the first couple of months after the bottom would have been a costly mistake.
The Average Joe: âHere for the memes, pass on the ETFs.â