Tactical Income ETF //

as of 2020-06-03
ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets 316,860,431.25
Shares Outstanding 13,300,000
Expense Ratio 1.00%
NAV $ 23.82
NAV Daily Change $ -0.03
Market Price $ 23.78
Market Price Daily Change $ -0.08
Premium Discount $ -0.04

Quarter End Performance History //

as of 2020-03-31
NAV Market Price
1 Month -9.48 -9.6
3 Month -7.44 -7.52
6 Month -6.88 -6.96
1 Year -1.8 -1.84
QTD -7.44 -7.52
YTD -7.44 -7.52
Since Inception 0.1 0.07

Top Holdings //

as of 2020-06-03
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETF SPTI 18.89 % 33.04 1,811,398 59,848,590
Vanguard Intermediate-Term Treasury ETF VGIT 18.86 % 70.21 851,321 59,771,247
iShares 7-10 Year Treasury Bond ETF IEF 11.11 % 120.85 291,217 35,193,574
Vanguard Intermediate-Term Corporate Bond ETF VCIT 11.02 % 93.6 372,939 34,907,090
iShares iBoxx $ Investment Grade Corporate Bond LQD 10.33 % 131.98 247,959 32,725,629
SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF JNK 9.34 % 103.88 284,925 29,598,009
iShares iBoxx High Yield Corporate Bond ETF HYG 9.28 % 83.93 350,482 29,415,954
US DOLLARS USD 8.24 % 1 26,097,173 26,097,173
iShares Preferred & Income Securities ETF PFF 1.01 % 35.28 90,638 3,197,709
Invesco Fundamental High Yield Corporate Bond ETF PHB 1 % 18.39 173,096 3,183,235
VanEck Vectors High-Yield Municipal Index ETF HYD 0.8 % 57.81 43,927 2,539,420
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.