MIMIC:
ETFs rely on broad diversification to limit volatility and justify fees.
An alternative is to invest in a concentrated baskets of stocks that Mimics an ETF’s performance and volatility without the fees.
Pro
•Direct stock ownership
•Ability to adjust stocks sizing
•Active rebalancing keeps you inline with the current market, not the market from a year ago
Con
•Concentrated positions can increase stock specific risk
•Requires active rebalancing

Enhance:
ETFs rely on broad diversification and while this can limit volatility it can also dilute performance
An alternative is to augment an ETF with a concentrated baskets of stocks that enhance the profile of an ETF’s performance and volatility with half the fees.
Pro
•Direct stock ownership
•Reduce fees by 50%
•Active rebalancing keeps you inline with the current market conditions, not the market from a year ago
Con
•Concentrated positions can increase stock specific risk
•Requires active rebalancing

Select:
ETFs rely on broad diversification around a very broad theme. They are not necessarily designed for performance rather they provide exposure. The result is often a very broad collection of stocks
An alternative is to augment an ETF with a concentrated baskets of stocks that enhance the profile of an ETF’s performance and volatility with half the fees.
Pro
•Direct stock ownership
•Reduce fees by 50%
•Active rebalancing keeps you inline with the current market conditions, not the market from a year ago
Con
•Concentrated positions can increase stock specific risk
•Requires active rebalancing