GMOM vs. GTAA

A few months ago Cambria Investment Management stopped advising the GTAA ETF and launched their own in house GMOM ETF to implement their their global tactical asset allocation strategy. How well has the new ETF performed? So far, so good:

 

GMOM has risen by about 2% since being launched and GTAA has fallen by about 1%. GTAA had had a fairly disappointing performance up till then. I was an investor in GTAA and switched to GMOM (I have 1000 shares). So, that was a good move so far.