The proposed fund aims to capture US equity market upswings and protect capital during market downturns.

Ritholtz Wealth Management (Ritholtz), a registered investment advisory (RIA) firm focused on financial planning and wealth management services, has filed a registration statement with the US Securities and Exchange Commission (SEC) to launch its first exchange-traded fund (ETF). The fund will allocate across multiple sleeves tied to broad US equity market price indices The firm's Goaltender ETF (GTND) will seek to capture equity market upswings and protect capital during market downturns.