Tactical Income ETF //

as of 2020-11-20
ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets 227,317,667.59
Shares Outstanding 9,400,000
Expense Ratio 1.00%
NAV $ 24.18
NAV Daily Change $ -0.01
Market Price $ 24.15
Market Price Daily Change $ -0.01
Premium Discount $ -0.03

Quarter End Performance History //

as of 2020-09-30
NAV Market Price
1 Month -0.5 -0.5
3 Month 0.86 0.99
6 Month 5.21 5.3
1 Year -2.03 -2.03
QTD 0.86 0.99
YTD -2.63 -2.62
Since Inception 1.62 1.62

Top Holdings //

as of 2020-11-20
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
SPDR Bloomberg Barclays High Yield Bond ETF JNK 11.79 % 107.1 250,262 26,803,060
Xtrackers USD High Yield Corporate Bond ETF HYLB 11.77 % 49.28 542,984 26,758,252
iShares iBoxx High Yield Corporate Bond ETF HYG 11.75 % 85.92 310,997 26,720,862
iShares Core U.S. Aggregate Bond ETF AGG 10.76 % 118.29 206,751 24,456,576
Vanguard Total Bond Market ETF BND 10.76 % 88.38 276,660 24,451,211
Vanguard Intermediate-Term Corporate Bond ETF VCIT 10.76 % 96.7 252,833 24,448,951
iShares iBoxx $ Investment Grade Corporate Bond LQD 10.72 % 137.57 177,156 24,371,351
SPDR Portfolio Intermediate Term Treasury ETF SPTI 7.13 % 33.06 490,564 16,218,046
Vanguard Intermediate-Term Treasury ETF VGIT 7.13 % 69.98 231,565 16,204,919
iShares 7-10 Year Treasury Bond ETF IEF 7.12 % 120.5 134,276 16,180,258
US DOLLARS USD 0.36 % 1 823,543 823,543
Download All Holding (.CSV)

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

ETF Description & Information //

The FormulaFolios Tactical Income ETF seeks to provide steady income by accentuating the fixed-income asset classes showing the greatest potential for stable long term returns with minimal risk. This Fund uses a proprietary investment model to rank 5 major fixed income asset classes (US treasuries, investment grade US bonds, high-yield US bonds, US aggregate bond, and international government bond) based on the strongest combination of yield spread and price momentum (higher price momentum and lower yield spreads). Following the ranking process, the three highest-ranked asset classes are allocated to the Fund, while the two lowest ranked asset classes are left out of the Fund. When few (2 or fewer) or none of the asset classes meet the model’s price momentum criteria, the Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing.