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Tuesday, September 9, 2025

A 31YO Tamp Births Its 1st ETF

Reported by Neil Anderson, Managing Editor

The team at a 31-year-old, 53-employee, $7.6-billion-AUMA* TAMP and fund firm in the Hartford area are rolling out their first ETF by partnering with a firm near Atlanta.

David Edward Connelly, Jr.
Symmetry Partners, LLC
CEO, Co-Founder
This morning, David Connelly, CEO of Symmetry Partners, unveiled the launch of the Symmetry Panoramic Sector Momentum ETF (SMOM on the Nasdaq). Glastonbury, Connecticut-based Symmetry Partners, LLC, home of the Panoramic Mutual Funds, serves as the new fund's investment advisor, while Alpharetta, Georgia-based Vident Asset Management serves as subadvisor.

SMOM's inception date is today. The new ETF comes with an expense ratio of 63 basis points.

A five-person PM team powers SMOM. That new team includes:
  • Rebecca Cioban, director at Symmetry;
  • John McDermott, chief investment strategist at Symmetry;
  • David Ryder, senior portfolio manager at Vident;
  • Kevin Scully, director at Symmetry;
  • Austin Wen, senior PM at Vident; and
  • Connelly himself.

  • SMOM is a rules-based ETF-of-ETFs, and the Symmetry team notes that the new fund is powered by the same methodology that powers the firm's seven-year-old Symmetry U.S. Sector Momentum SMA offering. Connelly cites the launch of SMOM as underscoring Symmetry's "commitment to providing innovative, evidence-based solutions."

    "Sector momentum has historically been a powerful driver of returns, and we believe this ETF delivers a disciplined way to access those trends," Connelly states.

    SMOM is an actively managed, non-diversified series of Symmetry Panoramic Trust. The new ETF's other service providers include:
  • Brown Brothers Harriman & Co. (BBH) as custodian and transfer agent;
  • Cohen & Company, Ltd. as independent accounting firm;
  • Morgan, Lewis & Bockius LLP as counsel;
  • SEI Investments Distribution Co. as distributor; and
  • SEI Investments Global Funds Services as administrator.

  • *As of December 31, 2024, per Symmetry's most recent form ADV, which was filed yesterday (September 8, 2025). 

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