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Militia Long/Short Equity ETF (ORR)

$37.58 +$0.82 (+2.23%) |CouncilHOLD · 47 · C
Bottom line: HOLD — our Council read (47/100) and AI Score (47/100) broadly agree.
MCap: $36.58M| Vol: 94.4K|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Militia Long/Short Equity ETF (ORR) trades at $37.58 with AI Score 47/100 (Grade C). Militia Long/Short Equity ETF (ORR) is an actively managed fund employing both long and short equity strategies. Market cap: $36.58M, Sector: Financial services.

Price live · AI analysis from Mar 16, 2026
Militia Long/Short Equity ETF (ORR) is an actively managed fund employing both long and short equity strategies. The fund seeks capital appreciation by investing in undervalued or growth-oriented equities while also taking short positions in companies expected to decline.

Analyst Coverage for ORR: ORR does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ORR against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 47/100 · C

ORR: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Militia Long/Short Equity ETF (ORR) Financial Services Profile

IPO Year2007

Militia Long/Short Equity ETF (ORR) is an actively managed fund focusing on capital appreciation through a combination of long positions in undervalued equities and short positions in companies expected to decline. The fund operates primarily in developed markets, utilizing leverage and currency forwards to manage risk.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for ORR?

The Militia Long/Short Equity ETF (ORR) presents a unique investment proposition through its actively managed, dual-strategy approach. The fund's ability to take both long and short positions allows it to potentially profit in various market conditions. Key value drivers include the fund's active management style, which seeks to identify and capitalize on short-term market inefficiencies. The fund's high portfolio turnover suggests a focus on active trading and opportunistic investing. However, the fund's success hinges on the manager's ability to accurately predict market movements and manage risk effectively. With a beta of -0.02, ORR exhibits a low correlation to the broader market, potentially offering diversification benefits. The absence of a dividend yield indicates a focus on capital appreciation rather than income generation.

Based on FMP financials and quantitative analysis

ORR Key Highlights

  • Actively managed ETF employing both long and short equity strategies.
  • Long positions can exceed 100% of net assets, typically capped at 150%.
  • Short positions can reach up to 100% of assets, including inverse or leveraged ETFs.
  • High annual portfolio turnover due to active trading strategy.
  • Beta of -0.02 indicates low correlation to the broader market.

Who Are ORR's Competitors?

ORR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
FSGS First Trust SMID Growth Strength ETF $32.45 +0.93% $29.20M 44
FTXR First Trust Nasdaq Transportation ETF $45.41 +0.68% $43.14M 47
HFND Unlimited HFND Multi-Strategy Return Tracker ETF $24.61 +0.84% $33.43M 50
IDX VanEck Indonesia Index ETF $10.34 +2.84% $22.74M 44
JFLI JPMorgan Flexible Income ETF $54.24 +0.74% $34.35M 47
NXDT NexPoint Diversified Real Estate Trust $5.53 +3.08% $285.77M 73
GENB Generate Biomedicines, Inc. $17.03 -2.18% $2.18B 72
SII Sprott Inc. $118.11 +2.72% $3.05B 71

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ORR's Key Strengths?

  • Active management expertise
  • Flexibility to profit in both rising and falling markets
  • Low correlation to the broader market
  • Access to sophisticated investment strategies

What Are ORR's Weaknesses?

  • High portfolio turnover
  • Reliance on manager's skill
  • Potential for higher fees compared to passive ETFs
  • Complexity of long/short strategy

What Could Drive ORR Stock Higher?

  • Market volatility creating opportunities for short positions.
  • Active management adapting to changing market conditions.
  • Potential changes in interest rates impacting investment strategies.
  • Shifts in investor sentiment towards active management.

What Are the Key Risks for ORR?

  • Market downturn negatively impacting long positions.
  • Inaccurate short positions leading to losses.
  • High portfolio turnover increasing transaction costs.
  • Regulatory scrutiny of active management strategies.
  • Unexpected currency fluctuations affecting currency forward contracts.

What Are the Growth Opportunities for ORR?

  • Expansion into new markets: ORR could expand its investment universe to include emerging markets, potentially tapping into high-growth opportunities. This expansion would require careful risk assessment and local market expertise. The emerging market ETF segment is projected to grow at 8-10% annually, offering a significant growth avenue for ORR. Timeline: 2-3 years.
  • Increased use of derivatives: ORR could enhance its risk management and return generation capabilities by incorporating a wider range of derivatives, such as options and futures. This would require specialized expertise and robust risk controls. The derivatives market is vast and liquid, providing ample opportunities for sophisticated investors. Timeline: 1-2 years.
  • Development of thematic investment strategies: ORR could launch new sub-funds focused on specific themes, such as sustainable investing or technological disruption. This would cater to the growing demand for specialized investment products. Thematic ETFs are experiencing rapid growth, attracting investors seeking exposure to specific trends. Timeline: 1-2 years.
  • Strategic partnerships: ORR could form strategic partnerships with other asset managers or financial institutions to expand its distribution network and access new client segments. This would leverage the partners' existing infrastructure and expertise. Strategic alliances can significantly accelerate growth and market penetration. Timeline: Ongoing.
  • Enhancing investor education: ORR could invest in investor education initiatives to increase awareness and understanding of its long/short equity strategy. This would help attract new investors and build long-term relationships. Investor education is crucial for promoting informed decision-making and fostering trust. Timeline: Ongoing.

What Opportunities Does ORR Have?

  • Expansion into new markets
  • Increased use of derivatives
  • Development of thematic investment strategies
  • Strategic partnerships

What Threats Does ORR Face?

  • Market volatility
  • Increased competition from other ETFs
  • Regulatory changes
  • Economic downturn

What Are ORR's Competitive Advantages?

  • Active management expertise: The fund's success depends on the manager's ability to identify and capitalize on market inefficiencies.
  • Flexibility to profit in both rising and falling markets: The long/short strategy allows the fund to generate returns regardless of market direction.
  • Diversification benefits: The fund's low correlation to the broader market can enhance portfolio diversification.
  • Access to sophisticated investment strategies: The fund provides access to strategies that may not be readily available to individual investors.

What Does ORR Do?

Militia Long/Short Equity ETF (ORR) is an actively managed exchange-traded fund designed to generate capital appreciation through strategic investments in both long and short equity positions. The fund's investment strategy involves identifying undervalued or growth-oriented equities for its long portfolio, primarily focusing on developed markets. Long positions can exceed 100% of the fund's net assets, typically capped at 150%, allowing for leveraged exposure to promising opportunities. Simultaneously, ORR employs short positions targeting U.S.-listed companies and ETFs anticipated to experience declines, often based on projections of declining future cash flows. The fund's short exposure can reach up to 100% of its assets and may include inverse or leveraged ETFs to amplify potential gains. ORR actively manages its portfolio, resulting in high annual turnover as positions are frequently adjusted to capitalize on market movements and mitigate risks. To further manage risk, the fund may also engage in shorting foreign currencies through currency forward contracts. This dynamic approach aims to deliver superior returns by capturing both upward and downward market trends.

What Products and Services Does ORR Offer?

  • Actively manages a portfolio of long and short equity positions.
  • Invests in undervalued or growth-oriented equities in developed markets.
  • Takes short positions in U.S.-listed companies and ETFs expected to decline.
  • May use inverse or leveraged ETFs to amplify returns.
  • Actively trades positions, resulting in high annual portfolio turnover.
  • May short foreign currencies through currency forward contracts to manage risk.

How Does ORR Make Money?

  • Generates revenue through management fees charged on assets under management (AUM).
  • May earn additional revenue from securities lending activities.
  • Actively trades positions to generate capital gains.
  • Manages risk through diversification and hedging strategies.

What Industry Does ORR Operate In?

The asset management industry is characterized by intense competition and evolving investment strategies. ETFs like ORR are gaining traction as investors seek diversified exposure and active management within a single fund. The rise of alternative investment strategies, including long/short equity approaches, reflects a growing demand for downside protection and market-neutral returns. ORR operates in a segment where active management and risk management skills are crucial for success. The fund's ability to navigate market volatility and generate alpha will determine its long-term performance and investor appeal.

Who Are ORR's Key Customers?

  • Institutional investors seeking capital appreciation.
  • High-net-worth individuals looking for alternative investment strategies.
  • Financial advisors seeking diversified investment solutions for their clients.
  • Sophisticated investors comfortable with active management and leverage.
AI Confidence: 81% Updated: Mar 16, 2026

How Militia Long/Short Equity ETF Is Valued

Relative to its peer group, ORR's quantitative score of 47/100 is roughly in line with the peer average of 46/100.

ORR Financials

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in the ETF's strategy and long-term performance.
  • Community sentiment has shifted positively, with discussions highlighting the ETF's potential in volatile markets.
  • Analysts are noting the growing interest in long/short strategies as a hedge against market downturns.
  • The ETF's diversified approach is appealing to investors seeking stability in uncertain economic conditions.

Bear Case

  • Some investors remain skeptical about the effectiveness of long/short strategies in a bull market.
  • Recent bearish sentiment on social platforms indicates concerns about the ETF's ability to outperform traditional equity funds.
  • Market perception is mixed, with some questioning the management team's track record in similar funds.
  • Increased competition in the ETF space may dilute the Militia ETF's unique value proposition.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

ORR Latest News

ORR Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ORR.

Price Targets

Wall Street price target analysis for ORR.

ORR MoonshotScore

47/100

What does this score mean?

The MoonshotScore rates ORR's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Latest Militia Long/Short Equity ETF Analysis

What Investors Ask About Militia Long/Short Equity ETF (ORR) — Financial Services

What does Militia Long/Short Equity ETF do?

Militia Long/Short Equity ETF (ORR) is an actively managed fund that seeks capital appreciation by strategically investing in both long and short equity positions. The fund's approach involves identifying undervalued or growth-potential equities for long positions, primarily in developed markets, while simultaneously taking short positions in U.S.-listed companies and ETFs expected to decline. This dual strategy allows ORR to potentially profit from both rising and falling markets, offering investors a unique approach to navigating market volatility. The fund's active management and high portfolio turnover reflect its focus on capitalizing on short-term market opportunities.

What are the potential benefits and risks of ORR's long/short strategy?

The primary benefit of ORR's long/short strategy is its potential to generate returns in various market conditions, providing downside protection during market downturns. By taking short positions, the fund can offset losses from its long positions and potentially profit from declining stock prices. However, the strategy also carries risks. Inaccurate short positions can lead to significant losses if the targeted companies perform better than expected. Additionally, the complexity of the strategy requires skilled active management and robust risk controls to mitigate potential losses and ensure consistent performance. The fund's success hinges on the manager's ability to accurately predict market movements and manage risk effectively.

How does ORR manage risk associated with its active trading strategy?

ORR manages risk through a combination of diversification, hedging strategies, and active monitoring of its portfolio. The fund diversifies its long and short positions across various sectors and industries to reduce the impact of any single investment on overall performance. It may also use hedging strategies, such as currency forward contracts, to mitigate currency risk. The fund's active management team continuously monitors market conditions and adjusts the portfolio as needed to manage risk and capitalize on new opportunities. However, the fund's high portfolio turnover can also increase transaction costs and potentially impact returns.

How sensitive is ORR to interest rate changes?

ORR's sensitivity to interest rate changes is indirect but present. As an actively managed equity fund, its holdings in both long and short positions can be impacted by interest rate movements. Rising interest rates can negatively affect the valuations of growth stocks in its long portfolio, while also potentially impacting companies with high debt levels that are targeted for short positions. The fund's active management team must consider the potential impact of interest rate changes on its underlying investments and adjust the portfolio accordingly. However, the fund's diversified approach and ability to take both long and short positions can help mitigate the overall impact of interest rate fluctuations.

What regulatory challenges does Militia Long/Short Equity ETF face?

As an actively managed ETF, Militia Long/Short Equity ETF (ORR) faces regulatory oversight from the Securities and Exchange Commission (SEC) and other regulatory bodies. The fund must comply with various regulations governing investment companies, including those related to disclosure, diversification, and leverage. The use of short positions and derivatives also subjects the fund to additional regulatory scrutiny. Changes in regulations, such as those related to short selling or fund transparency, could impact the fund's operations and performance. Compliance with these regulations requires ongoing monitoring and adaptation to ensure adherence to legal and regulatory requirements.

What are the key factors to evaluate for ORR?

Militia Long/Short Equity ETF (ORR) holds an AI score of 47/100 (low). Not financial advice.

How frequently does ORR data refresh on this page?

ORR prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven ORR's recent stock price performance?

Militia Long/Short Equity ETF (ORR) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Active management expertise. See the News tab for the latest drivers. Past performance does not predict future results.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • AI analysis pending for ORR, limiting comprehensive insights.
  • Financial data limited to market cap and beta.
Data Sources

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