Hedged Growth ETF //

as of 2021-11-26
ETF Data
Ticker FFHG
Primary Exchange BATS
CUSIP 66538H 674
Inception Date 06/06/2017
Net Assets 45,767,488.92
Shares Outstanding 1,250,000
Expense Ratio 1.15%
NAV $ 36.61
NAV Daily Change $ -1.05
Market Price $ 36.57
Market Price Daily Change $ -1.03
Premium Discount $ -0.04
30 Day Median Bid/Ask Spread* 0.3%

Quarter End Performance History //

as of 2021-09-30
NAV Market Price
1 Month -3.3 -3.33
3 Month -0.96 -1.15
6 Month 3.78 3.94
1 Year 42.42 43.53
QTD -0.96 -1.15
YTD 16.55 16.3
Since Inception 9.36 9.34

Top Holdings //

as of 2021-11-26
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
US DOLLARS 1.11 % 1 506,691 506,691
ISHARES CORE S&P 500 ETF IVV 11.86 % 460.62 11,782 5,427,025
ISHARES 1-3 YEAR TREASURY SHY 24.92 % 85.82 132,921 11,407,280
ISHARES CORE S&P MIDCAP E IJH 24.11 % 277.36 39,787 11,035,322
ISHARES CORE S&P SMALL-CA IJR 24.39 % 113.05 98,758 11,164,592
PROSHARES ULTRA S&P500 SSO 4.85 % 136.63 16,231 2,217,642
PROSHARES ULTRA MIDCAP400 MVV 4.6 % 67.77 31,082 2,106,427
PROSHARES ULTRA RUSSELL20 UWM 4.34 % 55.77 35,596 1,985,189
Download All Holding (.CSV)

Portfolio holdings are subject to change and should not be considered investment advice.

* The median bid-ask spread is calculated by identifying the national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between ach such bid nd offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.

ETF Description & Information //

The FormulaFolios Hedged Growth ETF seeks to achieve capital growth by investing primarily in domestic equity securities of various market capitalizations, with the ability to hedge using US Treasuries and inverse market positions through other unaffiliated exchange traded funds. The Fund consists of two proprietary investment models and seeks to provide a flexible allocation based on various market environment conditions.
The first investment model identifies trends in the equity markets. If the model indicates that the Fund should be in the market because the market is doing well as measured by a blend of various technical momentum indicators, the model will suggest investments in leveraged and non-leveraged ETFs. However, if the model indicates that the Fund should not be in the market because the market is doing poorly, the model will suggest investments in US treasuries and/or inverse equity index ETFs. 
 
The second investment model uses two sub-strategies of equal weights within the model. The first sub-strategy identifies trends in the equity markets. It suggests investments in a diversified mix of US equity ETFs if the market is doing well and suggests investments in US treasury ETFs if the market is doing poorly. The second sub-strategy analyzes the nine sectors of the S&P 500 to determine the sectors with the greatest momentum and lowest volatility. The Fund then invests in the single sector the model indicates has the highest risk-adjusted returns (lowest volatility and the greatest momentum). If the model indicates that the Fund should not be in the market because the market is doing poorly, the Fund invests in US treasury ETFs.