Tactical Income ETF //

as of 2020-04-03
ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets 304,157,159.73
Shares Outstanding 13,300,000
Expense Ratio 1.00%
NAV $ 22.87
NAV Daily Change $ -0.06
Market Price $ 22.87
Market Price Daily Change $ -0.07
Premium Discount $ 0.00

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 2020-04-03
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
US DOLLARS USD 40.27 % 1 122,490,144 122,490,144
Vanguard Intermediate-Term Treasury ETF VGIT 12.81 % 70.46 553,121 38,972,906
SPDR PORTFOLIO INTERMEDIATE TERM TREASURY ETF SPTI 12.8 % 33.09 1,176,488 38,929,988
iShares 7-10 Year Treasury Bond ETF IEF 7.94 % 121.94 198,110 24,157,533
Vanguard Intermediate-Term Corporate Bond ETF VCIT 6.64 % 86.24 234,125 20,190,940
iShares iBoxx $ Investment Grade Corporate Bond LQD 6.59 % 121.1 165,536 20,046,410
SPDR BLOOMBERG BARCLAYS HIGH YIELD BOND ETF JNK 5.55 % 90.54 186,443 16,880,549
iShares iBoxx High Yield Corporate Bond ETF HYG 5.55 % 73.55 229,427 16,874,356
iShares Preferred & Income Securities ETF PFF 0.6 % 30.01 61,260 1,838,413
Invesco Fundamental High Yield Corporate Bond ETF PHB 0.6 % 16.21 113,222 1,835,329
VanEck Vectors High-Yield Municipal Index ETF HYD 0.52 % 53.4 29,806 1,591,640
iShares 20+ Year Treasury Bond ETF TLT 0.04 % 168.5 762 128,397
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.