Tactical Income ETF //

as of 2020-10-23
ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets 231,137,276.56
Shares Outstanding 9,650,000
Expense Ratio 1.00%
NAV $ 23.95
NAV Daily Change $ 0.03
Market Price $ 23.94
Market Price Daily Change $ 0.02
Premium Discount $ -0.01

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 2020-10-23
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
Xtrackers USD High Yield Corporate Bond ETF HYLB 11.74 % 48.66 557,439 27,124,982
SPDR Bloomberg Barclays High Yield Bond ETF JNK 11.73 % 105.51 256,917 27,107,313
iShares iBoxx High Yield Corporate Bond ETF HYG 11.72 % 84.87 319,272 27,096,615
iShares Core U.S. Aggregate Bond ETF AGG 10.79 % 117.47 212,251 24,933,125
Vanguard Total Bond Market ETF BND 10.78 % 87.7 284,025 24,908,993
Vanguard Intermediate-Term Corporate Bond ETF VCIT 10.76 % 95.82 259,593 24,874,201
iShares iBoxx $ Investment Grade Corporate Bond LQD 10.6 % 134.62 181,941 24,492,897
SPDR Portfolio Intermediate Term Treasury ETF SPTI 7.2 % 33.06 503,644 16,650,471
Vanguard Intermediate-Term Treasury ETF VGIT 7.2 % 70.02 237,730 16,645,855
iShares 7-10 Year Treasury Bond ETF IEF 7.18 % 120.38 137,846 16,593,901
US DOLLARS USD 0.54 % 1 1,255,914 1,255,914
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.