ETFLogic is introducing a new twist on the NCAA Sweet Sixteen Tournament. We have assigned ETFs to each of the 16 remaining teams based on ETFs that have exposure to “themes, sectors or companies” that one may associate with the school / state.
For example, when you think of Kentucky, you may associate the Kentucky Derby which is held at Church Hill Downs Race Track CHDN. The ETF with the largest exposure to CHDN is Invesco S&P MidCap 400 Pure Growth ETF (RFG).
Fill out a bracket – you decide how you make your selections (off the ETF or team)
ETFs compete on price return for the one day the game is played or the closest trading day.
How does it work?
After each of the remaining rounds: The Sweet Sixteen Thursday and Friday, The Elite Eight Saturday and Sunday, The Final Four April 6 and The National Championship Final April 8, you will collect points based on the success of your selections.
The player with the most points at the end of the tournament on April 8th wins
- If the ETF and associated team wins
- You get 3 points
- If the ETF you selected wins, but not the Team it is associated with
- You get 2 points
- If the Team you selected wins, but not the associated ETF
- You get 1 point
The Winner will receive a $100 Amazon gift card from ETFLogic!
Below are the explanations for the School and ETF pairings…
|Duke||HECO||Strategy Shares EcoLogical Strategy ETF||Zion Williamson’s Nike (NKE) shoe exploded while playing North Carolina in regular season. It was “kind of a big deal.” HECO is the ETF with the 2nd largest exposure to NKE.|
|Virginia Tech||JHMT||John Hancock Multifactor Technology ETF||As a Tech school, we decided to select a tech ETF that was not from one of the biggest Issuers, but one of the biggest growing Issuers.|
|LSU||RETL||Direxion Daily Retail Bull 3x Shares||When you think of Louisiana, you think of New Orleans. When you think of NOLA, you think Mardi Gras and going 3x harder than usual. We selected RETL for its exposure to Party City, PRTY.|
|Michigan St||QVM||Arrow QVM Equity Factor ETF||Domino’s Pizza (DPZ) is headquartered in Ann Arbor Michigan, home of Michigan State. QVM holds a good amount of DPZ.|
|Gonzaga||WOOD||iShares Global Timber & Forestry ETF||Gonzaga is located in Washington State. Forestry, Pine Trees come to mind hence ticker WOOD.|
|Florida St||OLD||Janus – The Long-Term Care ETF||Florida is often known as a retirement community hence the reason for selecting the ETF OLD with a focus on Long Term Care.|
|Texas Tech||OIH||VanEck Vectors Oil Services ETF||Texas is known for a lot (Lone Star, Long Horn, Football, BBQ, Oil) so this was a hard choice. We decided to go with Oil hence ticker OIH.|
|Michigan||FTXR||First Trust Nasdaq Transportation ETF||General Motors (GM) is headquartered in Detroit, MI. The ETF holding the largest weight in GM is FTXR.|
|Virginia||CWS||AdvisorShares Focused Equity ETF||Virginia is known for its peanut farming. J.M. Smucker (SJM) is known for JIF peanut butter. The ETF with highest weight in SMJ is CWS.|
|Oregon||FDIS||Fidelity MSCI Consumer Discretionary Index ETF||Oregon is the home of Amazon (AMZN). FDIS has significant exposure to AMZN.|
|Purdue||SCHH||Schwab U.S. REIT ETF||Purdue is located in Indiana. Simon Property Group (SPG) is the largest Retail Estate Investment Trust which is based in Indianapolis. SCHH is the ETF with the largest concentration in SPG.|
|Tennessee||NOBL||ProShares S&P 500 Dividend Aristocrats ETF||Tennessee is known for Jack Daniels Whisky which is owned by Brown-Forman (BF.A). BF.A is one of the 50 U.S. stocks that has increased its dividends for the last 25 years consecutively thus is part of NOBL.|
|North Carolina||VFH||Vanguard Financials ETF||Bank of America (BAC) is headquartered in Charlotte, NC. An ETF with a large holding in BAC is VFH.|
|Auburn||CSB||VictoryShares U.S. Small Cap High Div Volatility Wtd ETF||Auburn is located in Alabama the “Suns out, Guns out” State. The ETF holding the largest weight of gun producer, Sturm Ruger (RGR), is CSB.|
|Houston||XAR||SPDR S&P Aerospace & Defense ETF||Houston is known as the world capital of space exploration|
|Kentucky||RFG||Invesco S&P MidCap 400 Pure Growth ETF||The Kentucky Derby is held at Churchill Downs (CHDN). RFG is the ETF with largest holding in CHDN.|