Tactical Income ETF //

as of 2021-05-14
ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets 212,066,453.99
Shares Outstanding 8,850,000
Expense Ratio 1.00%
NAV $ 23.96
NAV Daily Change $ 0.01
Market Price $ 23.93
Market Price Daily Change $ -0.01
Premium Discount $ -0.03
30 Day Median Bid/Ask Spread* 0.17%

Quarter End Performance History //

as of 2021-03-31
NAV Market Price
1 Month -0.02 0.06
3 Month -1.59 -1.47
6 Month 1.15 1.16
1 Year 6.42 6.51
QTD -1.59 -1.47
YTD -1.59 -1.47
Since Inception 1.72 1.72

Top Holdings //

as of 2021-05-14
Name Symbol Net Asset % Market Price ($) Shares Held Market Value
XTRACKERS USD HIGH YIELD HYLB 18.53 % 39.98 982,833 39,293,663
ISHARES CORE U.S. AGGREGA AGG 10.25 % 114.3 190,185 21,738,146
ISHARES IBOXX INVESTMENT LQD 10.59 % 131.05 171,402 22,462,232
ISHARES IBOXX HIGH YLD CO HYG 18.55 % 87.21 450,974 39,329,443
SPDR BBG BARC HIGH YIELD JNK 18.56 % 108.82 361,642 39,353,883
VANGUARD TOTAL BOND MARKE BND 10.21 % 85.06 254,443 21,642,922
VANGUARD INT-TERM CORPORA VCIT 10.31 % 93.97 232,563 21,853,945
US DOLLARS 1.07 % 1 2,270,843 2,270,843
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 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.