28 days later: Cambria Tax Aware ETF (ticker TAX) at launch and today
TAX looks like it did on launch day. Tracking error might be a problem.
Interesting reads from the tax-aware realm…
AQR’s Joseph Liberman and Nathan Sosner wrote A Brief Guide to Pricing and Taxation of Variable Prepaid Forwards,” which I’m very excited to read.
Parametric’s Fine-Tuning Risk Management for Highly Volatile Stocks suggests requiring deeper losses for more volatile stocks before tax-loss harvesting.
Dimensional h…