This ETF Is Betting Against Jim Cramer’s Picks
He makes a lot of investing calls, and not all of them pan out.
Jim Cramer
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Jim Cramer—the host of Mad Money on CNBC—makes a lot of investing calls. It’s part of his shtick. And as you can easily divine from social media, not all of them pan out. The new Inverse Cramer Tracker ETF (SJIM), which might be one of the most entertaining exchange-traded funds ever imagined, is aiming to turn Cramer’s “Midas touch” into big returns by shorting stocks he’s bullish on. It also goes long on Cramer’s bearish bets. For good measure, there’s also a Long Cramer Tracker ETF (LJIM).