What is the long Cramer ETF?

The Long Cramer ETF, or LJIM, will place investors on the side of Cramer. Meanwhile, the Inverse Cramer ETF, or SJIM — which is getting a lot more attention — will bet against him. Cramer is not the first stock picker to have funds raised against him.

What is the inverse Cramer ETF?

The Inverse Cramer ETF aims to achieve the inverse of Cramer's recommendations by going short anything he recommends buying and going long anything he doesn't like. The ETFs were launched in March. The Long Cramer ETF opened at $24.96 on March 2, according to FactSet. It surged in June and early July, closing at a high of $29.42 on July 19.

Is the Jim Cramer ETF profitable?

The Fund goes long on stocks or ETFs that represent sectors that Cramer is negative on. The Fund uses Index ETFs and inverse Index ETFs to take the opposite side of Cramer’s announced market view.” It's a clever troll. But the Inverse Cramer ETF also might ultimately be profitable—at least for now. Picking the Opposite of What Jim Cramer Does