Doomsday ETF | NYSE code: USAF

Dr. Nouriel Roubini is often called Dr Doom due to his consistent pessimistic outlook on the economy and his largely accurate predictions of 2008/9 financial crises which he predicted some two years before the collapse.

In 2022 he also published a book titled “MegaThreats: Our Ten Biggest Threats, and How to Survive Them” and now on the back of that book he’s launched an ETF via Atlas.

The core idea of this new ETF is low or negative correlations to the equity market with a large slice of gold, US inflation bonds and some property with agri hedging climate risk. The holdings as explained by Atlas as below;

U.S. Treasuries

• Core holding for stability and liquidity.

Climate Resilient Real Estate Investment Trusts

• Focused on sustainability, climate adaptability, and communities of the future.

Gold

• Hedge against currency devaluation and geopolitical uncertainty.

Treasury Inflation-Protected Securities

• The most direct mechanism for inflation protection.

Strategic Agricultural Commodities

• Investing in agriculture and food security.

International Partnerships (15% of illiquid REIT allocation)

• Enhancing the strategy with global expertise.

Importantly this is an actively managed ETF and called the Atlas America Fund and as can be seen by the top 15 holdings below, is for those worried about US inflation and climate change.

Atlas America Fund Top 15 holdings

Simon Brown

At Just One Lap, we are big fans of passive investment using ETFs. In this weekly blog, we discuss ETFs on the local market and the factors you need to consider when choosing an ETF. If you have wondered how one ETF differs from another, this is where you can find out. We explain which index each ETF tracks, what type of portfolio could benefit from holding each ETF, and how the costs will affect your bottom line.